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MOL and Vale to install Norsepower rotor sails on bulker

Shipowner Mitsui OSK Line (MOL) and miner Vale are to retrofit rotor sails onto a capesize bulker.

Marcus Hand, Editor

March 8, 2023

1 Min Read
At the meeting for this agreement: VALE, Head of Shipping, Guilherme Brega (right) and MOL, Senior Managing Executive Officer, Toshinobu Shinoda
At the meeting for this agreement: VALE, Head of Shipping, Guilherme Brega (right) and MOL, Senior Managing Executive Officer, Toshinobu ShinodaPhoto: `MOL/Vale

The two companies have announced a partnership to install rotor sails to a 200,000 tonne bulk carrier employed on a mid-term transportation contract with Vale. The vessel will be fitted with two 35 m x 5 m rotor sails produced by Norsepower.

Norsepower’s rotor sails are expected to result in 6 – 10% fuel and GHG emissions savings for the vessel, combined with optimisation technology.

The installation of the rotor sails is expected in the first half of 2024.

Norsepower CEO Tuomas Riski took part in a Seatrade Maritime News webinar on Sustainable Finance, Shipping and Technology Webinar last November and you can view the webinar below.

 

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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