Energy Saving Devices

Hudong-Zhonghua Shipbuilding Group (HZS) has entered into a joint design cooperation agreement with rotor sail supplier Anemoi. The deal related to the design of Rotor Sails onboard two LNG carrier newbuildings, and…

Airseas, the kite sail wind-assisted propulsion supplier, has announced that its innovative automation system, which successfully controlled the Seawing’s dynamic flights without any human intervention, has been validated during during the final round…

COSCO Group has signed a long-term service agreement with shore power system supplier Cavotec. The agreement will see the shore power system supplier provide preventive maintenance for COSCO vessels equipped with its systems.

Silverstream Technologies has signed an Agreement in Principle (AiP) with China Classification Society (CCS), confirming that CCS provides an independent class verification of its generic system design following a review and verification of the Silverstream System’s design…

Japanese general trading company Mitsui & Co., Ltd (Mitsui) has acquired a minority stake in Finnish energy efficiency solution provider WE Tech Solutions (WE Tech).   

Chinese shipyard group COSCO Shipping Heavy Industry Co. Ltd (CHI) has signed a memorandum of understanding with Silverstream to explore the possibility of licensing the installation of the Silverstream air lubrication system in CHI’s…

GTT’s venture capital arm has completed a funding round to support the development of automated wind-assisted propulsion systems.

Kumiai Navigation, a Southeast Asian LPG tanker and bulk carrier company, has placed the first retrofit order for Alfa Laval’s fluidic air lubrication, OceanGlide for an LPG carrier. The system will be installed aboard a 54,000dwt…