Two centuries after the first coal-powered steamships crossed the Atlantic Ocean, a Swedish company is designing a futuristic throwback: a huge, wind-driven cargo ship that could help end the fossil fuel era and limit climate change.Shipping accounted for 2.9% of man-made greenhouse gas in 2018, and the industry’s share of planet-heating emissions has been rising in recent years, according to the U…
bound4blue, a leader in wind propulsion systems, has closed a $44 million funding round backed by leading maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC…
Hurtigruten released updated plans for its Sea Zero project, a zero-emission ship scheduled to debut in 2030 which is now in its R&D phase. The ship, as designed today, will lean on large batteries, sails, and other solutions to sail emission-free during normal operation…
bound4blue and Louis Dreyfus Company (LDC) announced today a commercial agreement for the manufacture and installation of four eSAILs on LDC’s chartered juice vessel, MV Atlantic Orchard, in collaboration with Wisby Tankers AB, Sweden (Wisby Tankers)…
bound4blue and Oceanking announced a partnership to jointly expand access to the eSAIL technology in Greece and Cyprus. bound4blue provides wind-assisted propulsion technology, and its eSAIL is designed to help reduce fuel consumption and emissions…
Based in the UK, GT Green Technologies said it secured grant funding from its Department of Transport following this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) for the company’s proprietary AirWing propulsion solution, currently in development…
Louis Dreyfus Armateurs said it will equip one of its vessels with three bound4blue’s suction sails in 2023.“We pay particular attention to the decarbonization of all our ships and are taking a proactive approach to study, develop and adopt solutions in this direction…
What: Natural Propulsion in Ship DesignWhen: November 16, 2021Where: Webb Institute, Glen Cove, NY (broadcast live)Hosts: Webb Institute, Marin Institute, and Wind Support NYCA new conference on the use of natural propulsion in the global shipping industry will take place in New York on November 16…
