CORDIS Project
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The project aims to develop wind propulsion technologies for shipping vessels to reduce fuel consumption and emissions. By automating sail systems and incorporating innovative designs, it seeks to make commercial sailing more viable and environmentally friendly.
Maritime transport dominates global freight transportation with 58,500 vessels totaling covering 90% of global goods trade.
Marine propulsion market is expected to grow at a CAGR worth 4.3% to reach $18 Billion by 2026.
Climate change imperatives and rising environmental awareness force governments to tighten legislation and set pressure on shipyards and shipowners to develop greener alternatives.
Therefore, market potential for wind propulsion technologies for shipping vessels is estimated to r…
CWS MOREL
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