Brazilian mining giant Vale International and Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) have reached an agreemen that will see two rotor sails retrofitted on a 200,000-dwt class bulk carrier, currently employed under
Luxembourg-headquartered logistics specialist CLdN reports that its RO/RO vessel the M/V Delphine has now been successfully fitted with a rotor sails wind propulsion system will return to service from Zeebrugge, Belgium, as
It’s increasingly clear that CCUS (carbon capture, usage and storage) is going to play a major role in global decarbonization and the just-passed Inflation Reduction Act contains substantial funding to support CCUS
By Tuomas Riski, CEO, Norsepower The Global Maritime Fund’s Poseidon Principles has a huge number of signatories, which, together, have issued over $1.2 billion in sustainable maritime ship financing in 2020. Even
Recently, the Baltic Dry Freight Index, the main measure of bulk carrier market health, has been hovering around 11-year highs. Demand has been sustained by fundamentals, such as an increase in Chinese
Contributed by Houlder, Silverstream and Norsepower Since the International Maritime Organization (IMO) announced the new Energy Efficiency Existing Ship Index (EEXI) requirements following MEPC 76, shipowners have been looking for solutions which
Propeller Cap Swaps Recently, underwater repair and maintenance specialist Hydrex installed propeller cone fins on two chemical tankers: one in Antwerp and one in Rotterdam. Both operations were carried out with the
A 325,000 dwt Very Large Ore Carrier (VLOC) newbuilding under construction in China for charter to Brazilian mining giant Vale has been fitted with five Norsepower Oy tilting rotor sails. Tilting the
Norsepower Oy Ltd.reports that it has has successfully installed two 35-meter tall rotor sails on board the SC Connector, a 12,251 gt side-door RO/RO vessel operated by Norwegian multipurpose vessel operator Sea-Cargo.
Finnish rotor sail specialist Norsepower Oy Ltd. has received its first newbuild order for the installation of a record five tilting rotor sails on board a large bulk carrier, of undisclosed size