- Zero-emission shipping start-up Veer Group will head to Germany to build the first wind-propelled container ships to cross oceans.
- The Canadian firm has signed a letter of intent with Fosen Shipyard to develop, construct, sell and purchase two wind-powered and hydrogen-assisted container vessels with cargo capacity of 150 teu.
VeerGroup has signed a Letter of Intent (LOI) with Fosen Shipyard to construct its first two wind-powered and hydrogen assisted container vessels, reports Bunkerspot.
Clean container services
Bahamas-headquartered Veer has selected Germany’s Fosen Shipyard to build its first two wind-powered and hydrogen-assisted container vessels with an aim to launch clean container services from 2027.
“We are delighted and excited that Veer has chosen Fosen to build the first zero-emissions container carrier in Germany,” said Carsten Stellamanns, CEO of Fosen Shipyard. “Together with Veer we are looking forward to creating a game-changing concept and bringing it to the waters.”
For technical management, Veer has partnered with Bernhard Schulte Ship Management. Veer has also engaged with FutureShips ship brokerage, and is in discussion with multiple charterers for clean liner services beginning in 2027.
Veer’s 100 m long ship design combines an innovative hull shape, DynaRig sails, and hydrogen fuel cells. Veer has secured a €50M letter of intent from Prow Capital, Amsterdam, to finance the design and construction of these ships.
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Source: Bunkerspot
