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Torm PLC (TRMD) CEO Jacob Meldgaard on Q1 2022 Results - Earnings Call Transcript

Torm PLC (NASDAQ:NASDAQ:TRMD) Q1 2022 Earnings Conference Call May 11, 2022, 11:00 ET Company Participants Andreas Abildgaard-Hein - VP, Head, Group Treasury & IR Jacob Meldgaard - CEO.

Tufton inks deal with Anemoi for installation of Rotor Sails on 82k DWT bulk carrier

TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management Ltd (“Tufton”), has inked a commercial agreement with Anemoi Marine Technologies Ltd – a global leader in wind assisted propulsion for commercial vessels – to supply and fit the bulk carrier TR Lady with three large Rotor Sails and Anemoi’s patented Rail Deployment System. .

Tufton to install Anemoi s rotor sails on a bulk carrier

Tufton to install Anemoi’s rotor sails on a bulk carrier May 26, 2021, by Jasmina Ovcina TR Lady Shipping, a portfolio company of Tufton Investment Management, has inked an agreement with Anemoi Marine Technologies to install rotor sails on an 82,000DWT Kamsarmax bulker. Rotor Sails, also known as ‘Flettner Rotors’, are vertical cylinders which, when driven to rotate, harness the renewable power of the wind to provide additional forward thrust. Under the terms of the deal, the bulk carrier TR Lady will be supplied and fitted with three large rotor sails and Anemoi’s patented rail deployment system, which allows the sails to be moved across the deck to minimize the impact on port operations. 

IWSA Hails 2020 as Breakout Year for Wind Propulsion Tech

IWSA Hails 2020 as Breakout Year for Wind Propulsion Tech by Ship & Bunker News Team Tuesday December 29, 2020 The International Windship Association (IWSA) has hailed 2020 as a breakout year for modern wind propulsion technology designed for the merchant fleet. The number of large vessels using wind propulsion commercially has now entered double figures, IWSA said Monday in a commentary on this years industry developments, but without giving specific uptake numbers. Vessels now using wind power include VLCC, LR2 Product tankers through Ultramax bulker to ferry/cruise, RoRo and general cargo, IWSA said. There are also some “ An analysis by severn vessels fitted with Flettner Rotors,

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