FastRig - Smart, cost-saving and recyclable wingsails for cargo ships
The International Maritime Organisation has committed the shipping sector to reducing GHG emissions by at least 50% by 2050 and to reach zero emission "as soon as possible". London broker Simpson Spence Young (SSY) has warned that less than 25% of bulkers and tankers will attain Energy Efficiency Existing Ship Index (EEXI) and the operational Carbon Intensity Indicator (CII) compliance, leaving most of the global merchant fleet facing either engine power limitation (EPL) options or other forms of CO2 abatement. FastRig is a modular, intelligent wingsail technology is designed to address this issue for the 75% of vessels with conversion to sailing hybrid, by reducing fuel consumption and GHG emissions by 20% and to help attain EEXI compliance. – FastRigs realise 20% fuel & GHG emission savings – FastRig technology needs no additional crew – No port-side infrastructure changes required – Rapid retrofit design to minimise disruption
Networking PartnerEuropean UnionThe EU, through its funding programmes, supports the development of innovations and technologies that help combat climate change, protect the environment and ensure a sustainable development and growth.Greenbackers“Greenbackers is all about catalyzing the investment needed to build a more sustainable society. By connecting disruptive technology providers to our network of climate focused investors, we’d like to think we’re helping to save the planet – deal by deal” Robert Hokin, Founder and Managing Partner
A novel wingsail system for assisted clean sailing in the maritime transport sector
A two-element wingsail installed on vessels which can reduce fuel consumption by up to 45%
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