Article: Nor-Shipping: Wind-Assisted Propulsion is Finally Taking Off, Maritime Executive
Wind-assisted propulsion is having a moment in commercial shipping. On average, most systems on the market can reduce fuel consumption by about 10 percent for a tanker or bulker – or more, if the conditions on the route are right. Design maturity is increasing, along with economies of scale for manufacturing, bringing down capex and shortening payback times for the shipowner. It’s not just a matter of whether it’s the right thing to do; it is getting to the point where it makes economic sense, especially when factoring in carbon-pricing mechanisms like FuelEU Maritime and the IMO MEPC 83 fee structure… Read more…
