BAR Technologies, a leader in wind propulsion technology, has entered into a Memorandum of Understanding (MoU) with Mitsubishi Corporation and Nihon Shipyard, aiming to drive the adoption of wind-assisted propulsion systems in the Japanese shipping sector. This partnership builds on the successful installation of BAR’s innovative WindWings® technology on Mitsubishi Corporation’s vessel “Pyxis Ocean” and seeks to accelerate the design and manufacturing of low-emission vessels in Japan.
Key Points of the Collaboration
- Expansion of Wind Propulsion in Japan
- The MoU outlines plans to bring BAR’s patented WindWings® system to Japanese vessels, supporting the country’s move toward low-emission shipping. The collaboration is expected to benefit both domestic and international markets by reducing fuel consumption and carbon emissions for large commercial ships.
- Japan, being the third-largest global ship manufacturer, offers a substantial market for wind-assisted technology, with a high potential to influence sustainable shipping practices worldwide.
- Mitsubishi Corporation as a Key Agent for WindWings®
- Mitsubishi Corporation will serve as BAR Technologies’ agent in Japan, offering Japanese vessel owners access to WindWings® as a comprehensive solution for wind propulsion.
- This role will enable Mitsubishi to offer a consolidated package, combining BAR’s technology with its resources in finance and commercial operations, thus simplifying the adoption process for Japanese shipping companies.
- Combined Expertise to Drive Innovation
- The MoU brings together BAR Technologies’ expertise in wind propulsion, Mitsubishi Corporation’s extensive business experience, and Nihon Shipyard’s ship design capabilities. Together, these entities aim to expedite the adoption of WindWings® in both new and retrofit vessel designs.
- The collaboration aims to ensure that Japanese fleets are aligned with international emissions regulations and positioned as leaders in low-carbon maritime transport.
- Commitment to Sustainable Shipping
- BAR Technologies CEO John Cooper highlighted Japan’s role in shaping the next generation of low-emission cargo vessels, stating that this partnership is key to broadening WindWings® technology adoption in Japan and beyond.
- Mitsubishi’s Naoki Arima emphasized the significance of providing a value-driven, sustainable solution for the Japanese shipping industry, aligned with Mitsubishi’s broader commitment to sustainable business practices.
- Nihon Shipyard’s Tomoaki Takahira noted that this MoU will aid in accelerating the development of CO₂-reducing vessel designs by integrating WindWings® with Mitsubishi and BAR’s technological capabilities.
The MoU between BAR Technologies, Mitsubishi Corporation, and Nihon Shipyard marks a strategic step forward in reducing the carbon footprint of Japan’s shipping industry. By combining advanced wind propulsion technology with a deep understanding of the Japanese market, this partnership aims to set a new standard in sustainable maritime transport and position Japan as a leader in eco-friendly shipbuilding for the future.
Did you Subscribe to our daily newsletter?
It’s Free Click here to Subscribe!
Source: BAR TECHNOLOGIES
