Half-year losses have widened at Quadrise Plc.

The London company is focused on the decarbonisation of shipping and heavy industry through deployment of low emission fuels and biofuels.

For the six months ended 31st December 2025, loss after tax was £2 million (H1 2025: £1.7m).

This included production and development costs of £1m, the firm said, which was £200k more than the corresponding period in the prior year. Administration expenses remained steady at £900,000.

The company’s strategy is to generate demand within the shipping industry and other sectors, while stimulating the supply of its fuels around global marine bunkering hubs.