Mitsui OSK Lines (MOL), Japan’s largest shipowner, has expressed its confidence in its self-developed wind propulsion system, announcing today plans to install its Wind Challenger hard sail on a further seven dry bulk and multipurpose (MPP) carriers. MOL said it is also considering installing Anemoi’s Rotorsail on some of these ships in tandem with the Wind Challenger.
The installations will add to four ships that already carry various forms of wind propulsion.
As well as its own Wind Challenger tech developed in partnership with Oshima Shipbuilding, MOL will also install EconoWind’s Ventifoils on an MPP due for delivery next year.
MOL plans to launch 25 vessels equipped with Wind Challengers by 2030 and 80 vessels by 2035 making it among the world’s most committed investors in wind technology.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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