EMEA News
Bound4blue Completes Suction Sail Installation on Marflet Marine's Tanker
Bound4blue has completed the installation of a wind propulsion system on the Marflet Marine's chemical tanker.
Four 22 m eSAIL suction sails were installed on the 49,999 DWT Santiago I, Bound4blue said in an emailed statement on Thursday.
The system is expected to reduce the vessel’s annual energy consumption by around 10-15%, depending on its trading patterns and weather conditions.
The installation is also expected to reduce fuel consumption and greenhouse gas emissions, while helping the vessel lower its exposure to carbon costs under the EU ETS and support compliance with FuelEU Maritime.
The work was completed at EDR Antwerp Shipyard following wind-ready preparation work at IMC Shipyard in Zhoushan, China.
Cotenaval provided engineering support for the project.
Marflet Marine signed the contract with Bound4blue in May 2024. The installation makes the company the first Spanish merchant fleet shipowner to operate suction sails.
The eSAIL system uses a powered surface to generate lift and provide additional propulsive force, reducing the load on the vessel’s main engine.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| EMEA Average | 917.50 | 14.00 | 1740.00 | 21.00 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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