World News
Wind-Powered Fleet Tops 70 Ships, Bulk Carriers Lead the Way: ISWA
The global fleet of large commercial vessels equipped with wind propulsion systems has reached 70 vessels, according to the International Windship Association (IWSA).
With around 130 more vessels on order, wind propulsion is gaining steady momentum as shipowners seek solutions to reduce bunker consumption and emissions to comply with tightening regulations, IWSA said in a LinkedIn post on Tuesday.
The updated figures on the IWSA website reflect installations only up to early 2025, with further updates due to include Q1 2025 activity.
Of the 55 vessels detailed, 38 are retrofits and 17 are newbuilds, showcasing growing interest in adapting the existing fleet. Rotor sails remain the most widely used technology, though retractable wing sails and suction sails are also gaining traction.
Bulk carriers lead adoption with 22 ships fitted with wind-assist systems, followed by general cargo ships (15), Ro-Ro (8) and tankers (8).
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 523.50 | 7.00 | 628.50 | 8.50 |
| Rotterdam | 487.50 | 5.50 | 633.00 | 5.50 |
| Houston | 494.50 | 8.00 | 643.50 | 5.50 |
| Fujairah | 512.00 | 6.00 | 713.50 | 7.00 |
| Global 20 Ports Average | 541.50 | 4.00 | 723.00 | 2.50 |
| Global 4 Ports Average | 504.50 | 7.00 | 654.50 | 6.50 |
| Global Average Bunker Price | 578.50 | 5.50 | 768.00 | 3.50 |
Popular Now More
-
Jun 12Sekavin will handle the bunker volumes of YMN for all vessels at all ports worldwide, a company representative tells Ship & Bunker. -
Jun 13Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs. -
Jun 13Israel launched wide-ranging strikes on Iran overnight, killing the chief of Iran's Islamic Revolutionary Guards as well as targeting nuclear facilities.