SkySails Signs a Deal

In 2007 we looked at SkySails when they were still in the startup phase of their company and today they have signed a large deal with Cargill, a large shipping company. Cargill will use SkySails starting later this year to save up to 30% of their fuel costs.

SkySails are a sails that attach to the front of the boat to help tow a boat along in open seas. The use of a rather large sail helps lower transportation costs while lowering the shipping industry’s impact on the environment.

Plans are in place next December to install one of these giant kites on a handysize vessel of between 25,000 and 30,000 deadweight tonnes, which the company has on long-term charter, making it the largest vessel propelled by a kite in the world. It is hoped to have this system fully operational in the first quarter of 2012.

G.J. van den Akker, head of Cargill’s ocean transportation business, said that “the shipping industry currently supports 90 percent of the world’s international physical trade. In a world of finite resources, environmental stewardship makes good business sense.” A recent United Nations study cited by Cargill says that up to 100 million tons of carbon dioxide could be saved every year by the broad application of the SkySails’ technology on the world merchant fleet.

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