World News
DNV Approval Eases Installation of Econowind Wind Propulsion System
Econowind has secured a key design approval from classification society DNV that will make it easier to install its VentoFoil wind propulsion system on DNV-classed ships.
The company has been awarded a type approval design certificate (TADC) for its 16 m VentoFoil 3-Series system, the firm said in an emailed statement on Thursday.
The certification confirms the design meets DNV's standard for wind-assisted propulsion systems.
The approval means shipowners and shipyards can install the system on DNV-classed vessels without repeating the full design assessment, helping speed up both retrofit and newbuild projects.
"This TADC gives DNV-classed shipowners confidence that VentoFoils meet the highest industry standards,” Chiel de Leeuw, Chief Commercial Officer at Econowind, said.
“It simplifies the approval process for both retrofits and newbuilds."
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 |
| 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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