During the first six months, the study will focus on assessing the technical feasibility of the project and establishing the engineering parameters for retrofitting Fastrig technology onto ships, while the next six months will focus on calculating detailed costings for the project and building the business case. Danish cargo carrier Ultrabulk is entering into a partnership with a consortium of companies to analyse the feasibility of installing smart, automated sails on its dry bulk ships. It's joined Smart Green Shipping Alliance, UK power station operator Drax and Humphreys Yacht Design in a £100,000 ($129,000) study of cost-effective ways to cut carbon emissions in ocean transport. The study, which will be published later this year, has been funded by the European Commission under Horizon 2020 research funding. The 12-month study may lead to a commercial demonstrator by 2021.
Danish cargo carrier Ultrabulk is entering into a partnership with a consortium of companies to analyse the feasibility of installing smart, automated sails on its dry bulk ships. It's joined Smart Green Shipping Alliance, UK power station operator Drax and Humphreys Yacht Design in a £100,000 ($129,000) study of cost-effective ways to cut carbon emissions in ocean transport. The study, which will be published later this year, has been funded by the European Commission under Horizon 2020 research funding. The 12-month study may lead to a commercial demonstrator by 2021.