Japanese shipping company Kawasaki Kisen Kaisha, better known as “K” Line, has announced plans to purchase three additional kite systems to be installed on post-Panamax bulk carriers.
The “Seawing” systems will be provided wind-assisted ship propulsion specialist Airseas. The agreement bring’s “K” Line’s total to five units, including two previously announced for two capesize bulk carriers. The first system is expected to be operational later this year.
Use of the kite system is estimated to reduce CO2 emissions by more than 20% compared to conventional bulk carriers.
“K” Line has set a target of net zero greenhouse gas emissions by 2050.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering petroleum products to Houthi-controlled ports after the...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
