Rotor Sails Could Reduce Cargo Ship Fuel Consumption by 20%

Rotor sails could reduce cargo ship fuel consumption by 20%

The shipping industry is under pressure to reduce emissions. If rotor ships catch wind on the global shipping market, Norsepower could be entering a market worth some 30 Billion euros. The number is estimated from the 25,000 ships’ 1.2 MEUR install cost.

Norsepower remains conservative, and pegs it’s 2024 revenue target at a mere 100 Million euros.