In a new take on ancient technology, Cargill, one of the world's biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test whether wind power can cut its carbon emissions, a top company executive said.
With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions, yet environmental campaigners say efforts by the sector to cut emissions are slow.
"We might want to use a period of three to six months to see how it works and then be ready to pull the trigger on an additional series of ships and that will depend on availability of the right ships," Dieleman said, adding that a ship fully optimised for wind could cut emissions by 30%. BAR Technologies, which has designed boats for the America's Cup, is developing the sails that are being built by Norway's Yara Marine Technologies. Earlier this week, the two companies also signed an agreement with dry bulk owner Berge Bulk to fit wind sails on a vessel, which will be installed in the second quarter of 2023.Cargill’s overall seabourne volumes transported rose to 240 million tonnes in the 2021-2022 fiscal year from 220 million tonnes in the previous year.
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