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BHP, Pan Pacific Copper and Norsepower deploy wind-assisted propulsion technology on vessel that set sail this month

10th of July – BHP, together with Pan Pacific Copper (PPC) and Norsepower, completed the retrofit installation of a Norsepower Rotor Sail™ (NPRS™) onboard the M/V Koryu, a combination carrier operated by Nippon Marine (member of the SENKO group and owned by SENKO (60%) and JX Advanced Metals (40%)) that will carry copper concentrates from Chile to...

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Another deal of historic proportions: A fleet of four Union Maritime tankers to be fitted with Norsepower Rotor Sails™

Helsinki, Finland, 19th of June – Norsepower, the leading provider of mechanical sails for large vessels, has closed a new deal with Union Maritime Limited (UML) to equip its fleet of new product tankers with Norsepower Rotor Sails™ (NPRS™). The agreement includes supply contracts for a total of four newbuild ships fitted with rotor sails, to be...

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Norsepower’s growth story continues as Mr Tuomas Riski steps down and Mr Heikki Pöntynen joins as new CEO 

One chapter of Norsepower’s remarkable growth story ends and another begins as Mr Tuomas Riski passes his CEO position onto Mr Heikki Pöntynen, who has been a member of Norsepower’s board. Mr Pöntynen has held several maritime management positions in Finland, China, Hong Kong, and the USA. Norsepower thanks Mr Riski for the significant contribution...

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Oldendorff Carriers to significantly reduce emissions by outfitting three Norsepower Rotor Sails™ to a post-Panamax bulk carrier

Oldendorff and Norsepower have announced an agreement to use Norsepower Rotor Sails™ to further reduce CO2 emissions a modern bulk carrier. The vessel Dietrich Oldendorff (IMO 9860350) is to be outfitted with three 24m x 4m Norsepower Rotor Sails™ by mid-2024. It is contracted to be employed on a North Pacific trade route to Asia.

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Norsepower, IINO Lines, and Mizuho

Norsepower, IINO Lines, and Mizuho Leasing combine to launch groundbreaking rotor sail leasing initiative

Group aims to remove financial barriers to accessing the benefits of the Norsepower Rotor Sail™ Norsepower Oy Ltd., the leading global provider of mechanical sails for large ships, IINO Kaiun Kaisha, Ltd. (IINO Lines), and Mizuho Leasing Company, Limited (Mizuho Leasing) have jointly and exclusively signed a co-operation agreement to launch a ground-breaking mechanical sail...

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