World News
Marflet Marine to Install Suction Sails on Oil and Chemical Tanker
Marflet Marine today announced it was adding to the growing number of companies opting to install wind propulsion systems to its ships.
The Spanish player has signed a contract with Bound4blue that will see four of its 'eSail' suction sails installed on oil and chemical tanker Santiago I.
The installation will take place in mid-2025.
Unlike other forms of wind propulsion system such as rotor sails, suction sails work by dragging air across an aerodynamic surface to generate propulsion.
Bound4blue claims fuel savings of 40% are possible while the system is in use. Operational modelling for Santiago indicates this should save around 10 and 15% of the ship's annual energy consumption with the reduced main engine loads.
The order comes at a time of growing interest not only for wind propulsion systems as a whole, but in Bound4blue's suction sail technology in particular.
Earlier this year Singapore-based shipping company Eastern Pacific Shipping (EPS) and Louis Dreyfus both said they were installing the Bound4blue sails on its ships.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 553.50 | 0.00 | 673.00 | 0.00 |
| Rotterdam | 514.50 | 0.00 | 651.00 | 0.00 |
| Houston | 545.00 | 0.00 | 671.00 | 0.00 |
| Fujairah | 543.00 | 0.00 | 747.00 | 0.00 |
| Global 20 Ports Average | 574.00 | 0.00 | 748.00 | 0.00 |
| Global 4 Ports Average | 539.00 | 0.00 | 685.50 | 0.00 |
| Global Average Bunker Price | 627.00 | 0.50 | 799.50 | 1.00 |
Popular Now More
-
Dec 24The 9,500 DWT heavy lift vessel Ursa Major sustained an engine room explosion in the Strait of Gibraltar at about 12:30 PM local time on Monday. -
Dec 23Since its launch in late June, the company's first 100 deliveries have primarily focused on LSMGO supply by barge to container ships and tankers in New York Harbor, CEO John Barbarise tells Ship & Bunker. -
Dec 23The company carried out worldwide marine fuel trading from offices in Singapore.