Cargo ships should have sails that are smart, save money, and can be reused.
The International Maritime Organization has asked the shipping industry to cut greenhouse gas emissions by at least 50% by 2050 and to reach zero emissions as soon as possible. London broker Simpson Spence Young (SSY) has warned that less than 25% of bulkers and tankers will meet Energy Efficiency Existing Ship Index (EEXI) and operational Carbon Intensity Indicator (CII) compliance. This means that most of the global merchant fleet will have to choose between engine power limitation (EPL) or other ways to reduce CO2. FastRig is a smart, modular wingsail system that is meant to solve this problem for the 75% of vessels that are being converted to sailing hybrids. It does this by cutting fuel use and greenhouse gas emissions by 20% and helping to reach EEXI compliance. FastRigs save 20% on fuel and greenhouse gas emissions. FastRig technology doesn’t need any extra crew. No port-side infrastructure changes are needed. Rapid retrofit design to keep things running as smoothly as possible.
Positive facts about FastRig
Can save approximately 20% fuel on a transatlantic crossing on a Panamax-sized bulk cargo ship
276 FastRig installations anticipated by 2030
20% fuel and associated GHG emissions for up to 40,000 existing cargo ships
Potential to save 736,000 MT of ships fuel consumption by 2030,
Decrease on fuel costs associated with 20% fuel savings
3-5 year ROI for ship-owners/operators through managed-service leasing model
Reduction in imminent pollution penalties (EEXI & CII) for energy-inefficient ships
Video about FastRig
https://player.vimeo.com/video/530808641?h=1956bfdf68
FastRig website : https://smartgreenshipping.com/
