Cargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel Burn

The shipping industry is undergoing significant changes to reduce emissions. Cargill is collaborating with BAR Technologies to retrofit ships with wind-assisted propulsion systems, potentially reducing emissions by up to 30%. While the initial costs are high, future savings are expected as the industry shifts to zero-carbon fuels. The integration of this technology into new ship designs could further enhance savings. The industry is also exploring other decarbonization strategies, including digital tools and zero-carbon fuels like methanol. Current market trends show low demand, but future changes are anticipated.

What advantages do new builds have over retrofitted ships in terms of wind technology?

How does the shipping industry plan to balance wind-assisted propulsion with just-in-time supply chains?

What are the three pathways the shipping industry is focusing on to reduce emissions?