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Green Shipping | CM ENERGY Signed Supply Contract with UMLHONG KONG, March 12, 2024 /PRNewswire/ -- Recently, CM Energy Tech Co., Ltd. (CM ENERGY) and Union Maritime Limited (UML) have signed a supply contract to design and manufacture the WindWings® system to be installed in UML's vessel. This is the first order for such sail products received by CM ENERGY and BAR Technologies. The vessel, currently being built at the renowned Shanghai Waigaoqiao Shipbuilding (SWS) yard in China with 114,000DWT, will each feature three WindWings®,developed by BAR Technologies and manufactured in partnership with CM ENERGY. UML is a leading tanker owner and operator with a diverse range of ship assets. WindWings® is the cutting-edge wind propulsion system developed by BAR Technologies, which has successfully delivered 6 sets and achieved good performance in the second half of 2023. UML's new long-range tanker is the latest vessels to adopt BAR Technologies' WindWings® solution. The shipping industry is increasingly embracing wind propulsion technology to improve efficiency and reduce the sector's CO2 emissions. WindWings® have demonstrated their effectiveness in reducing fuel consumption and CO2 emissions, with potential savings of up to 1.5 tonnes of fuel and around 5 tonnes of CO2 per wing per day on typical global routes. WindWings® operate in conjunction with a route optimisation system that adjusts the rigid sails based on wind conditions, vessel speed, and course, without compromising the vessel's speed. In the backdrop, in early December 2023, CM ENERGY signed a cooperation agreement with BAR Technologies on rigid sails, and the two parties formed a strong alliance to jointly launch the WindWings® products. The product aims to provide solutions for global maritime industry to achieve industry-wide targets such as reducing vessel EEDI, EEXI index, and CII carbon emission intensity. At the same time, it greatly helps to reduce vessel operating costs and benefit operators.
John Cooper, CEO of BAR Technologies, said: "Our latest contract with UML demonstrates the growing demand for our WindWings® technology and the benefits it can bring to the maritime industry. We are also proud to partner with CM ENERGY, who have the expertise and experience to deliver our WindWings® to the highest standards. We look forward to seeing the WindWings® in action on the newbuild vessels and helping UML achieve its sustainability goals." Zhan Huafeng, Executive Director and Executive President of CM ENERGY, said: "Our latest collaboration with BAR Technologies and UML on this exciting project marks yet another milestone for the adoption of wind propulsion technology in the shipping sector. We are committed to providing innovative and reliable solutions to our customers and contributing to the decarbonisation of the maritime industry." About Union Maritime: For more details please visit: https://www.unionmaritime.com/ About BAR Technologies: BAR Technologies offer a cohesive team of world lead naval architects and optimisation specialists; fluid dynamists; mechanical, structural and composite engineers; control strategy and system specialists; they offer data and simulation engineers with access to the latest commercial knowledge, using bespoke in-house design tools. For more details please visit: https://www.bartechnologies.uk/ About CM ENERGY For more details please visit: https://www.cm-energy.com/ Photo - https://mma.prnewswire.com/media/2360525/20240312191716.jpg View original content:https://www.prnewswire.co.uk/news-releases/green-shipping--cm-energy-signed-supply-contract-with-uml-302086760.html |