A bulker with rigid sails on two masts has left China en route to Brazil, but WindWings designer BAR Tech said that an even larger vessel is about to follow
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UK tech provider Bar Technologies has joined forces with Finnish ship design and engineering firm Deltamarin to incorporate wind propulsion on a new build design, Aframax/LRII.
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer.
Shipments of about seven-million tons of Colombian coal will be exported to Asian countries in the next quarter, instead of ports in Europe, according to James Marshall, chief executive officer of Berge Bulk, whose fleet of ships ply those routes. Destinations for fuel used by power plants and steelmakers include China and India, he said.