Odfjell Drilling Ltd. News

bound4blue and Amasus Shipping have completed the installation of a 22-metre eSAIL® on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonisation solution. The latest adoption of bound4blue’s autonomous suction sails follows a previous installati...

bound4blue, a pioneer in wind propulsion systems, has closed a US$44 million funding round backed by pioneering maritime corporates, ship owning families, climate-focused investors and government capital.  The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC, and Katapult Ocean. The round brings together new investors, including Motion Ventures, Odfjell family office and ReOcean Fund - led by the Prince Albert II of Monaco Foundation and Mon...

BW Epic Kosan (BWEK), a world pioneer in LPG, petrochemicals and speciality gas transportation, has signed an agreement with bound4blue for the installation of a 24 metre tall eSAIL® suction sail on the 2007-buit Helena Kosan. The autonomous wind propulsion system, to be installed in 2026, will allow BWEK to save fuel, cut emissions, reduce costs and simplify regulatory compliance, as the Singapore-based company invests to support industry decarbonisation goals. Safe, simple sailing &ldqu...

bound4blue has taken a major step forward in simplifying the adoption of wind power worldwide, with DNV validation of its ‘wind propulsion system force matrix’ calculation method. This validation provides ship owners, designers, and yards with a trusted, regulation-ready tool to evaluate the performance of bound4blue’s eSAIL®. The validation gives the industry a reliable tool to easily calculate the benefits of bound4blue’s eSAIL® suction sail technology, without...

Norwegian chapter of WISTA (Women’s International Shipping and Trading Association) recently held its Annual General Meeting in Oslo at the office of law firm Thommessen, with over 50 members attending in person and a record number of proxy votes. Five board positions were elected from a record total of 13 candidates present. Capt. Jaquelyn Burton, EMBA, AFNI, Director of Experience Design at Kongsberg Maritime, was selected as President and is both the first non-...

bound4blue has consolidated its position at the forefront of shipping’s revolution with a landmark contract with Maersk Tankers. The agreement is the largest wind-assisted propulsion system (WAPS) agreement for bound4blue to date, with 20 of the company’s type-approved eSAIL® suction sails to be installed on five MR tankers in 2025 and 2026. Turnkey efficiency Maersk Tankers identified the eSAIL® as a solution of choice in partnership with green technology catalyst Njord,...

Marflet Marine (Marflet), one of Spain’s longest-standing private shipping companies, has signed a contract with bound4blue for the installation of four 22 m eSAILs® on the 49999 DWT oil and chemical tanker Santiago I. Agreed as part of Marflet’s ongoing decarbonisation strategy, the installation will enable Santiago I to dramatically reduce conventional fuel use, optimising operating costs and cutting GHG emissions. Autonomous efficiency The contract makes Marflet the first S...

Neptune Energy and its licence partners have announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. Preliminary estimates are between 1 - 3.5 million standard cubic metres (MSm3) of recoverable oil equivalents, corresponding to 6 - 22 million barrels of oil equivalent (boe). Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf. Calypso – new discovery in the Norwegian Continental Shelf These near-field disco...