November 20, 2024, Helsinki, Finland: Wind propulsion leader Norsepower and esteemed shipping company IINO Kaiun Kaisha, Ltd. (IINO LINES) have completed the installation of two Norsepower Rotor Sails™️ (NPRS) on the Oceanus Aurora, a Very Large Gas Carrier (VLGC) chartered by Borealis, a leading provider of advanced and sustainable polyolefins solutions. In Europe, Borealis is...
September 5th 2024, Helsinki, Finland: Norsepower, the global leader in mechanical sails, and DNV, the world’s leading classification society, have set another industry milestone with the Type Approval Design Certificate (TADC) award for the explosion-proof (EX) version of the Norsepower Rotor Sail™ (NPRS™) 28m x 4m. As the first-ever approval for a Wind Assisted Propulsion...
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...
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...
Decarbonising energy supply chains Norsepower, the global leader in mechanical sails, will support Northern Lights, a joint venture between oil majors Equinor, Shell, and TotalEnergies, on its decarbonisation journey. Built by Dalian Shipbuilding Offshore Co.,Ltd (DSOC), this will be the third vessel ordered by Northern Lights that will be powered by wind propulsion technology. The...
We know the Norsepower Rotor Sails™ can cut CO₂ emissions and amplify fuel savings when combined with voyage optimisation. But how much exactly can modern sail power achieve? Norsepower’s mission is to lead shipping towards zero carbon emissions, so we recently quantified the potential CO₂ emissions and fuel savings of installing the Flettner rotor on...
IINO Kaiun Kaisha, Ltd. (Head Office: Chiyoda-ku, Tokyo; President and Representative Director: Yusuke Otani; hereinafter “IINO LINES”) and Electric Power Development Co., Ltd. (Head Office: Chuo-ku, Tokyo; Representative Director President: Hitoshi Kanno; hereinafter “J-POWER”) have agreed to install a Norsepower Rotor Sail™ (wind propulsion auxiliary device) manufactured by Norsepower Oy Ltd. (Head Office: Finland; CEO: Tuomas...
Do you know what Viking sailors and our company, Norsepower, have in common? Harnessing the wind. While the Vikings preferred windproof woollen sails soaked in resinous material, we’ve opted for a safer and more efficient, giving sails a modern spin – literally. The proof is in the results. The LR2 Epanastasea (ex Maersk Pelican) reported...
Norsepower’s CEO Tuomas Riski recently spoke with TradeWinds journalist Bob Rust about the company’s imminent expansion from single-ship to fleet-wide installations of its Norsepower Rotor Sail™️ product. The company is snatching more of the €1bn global wind-assist market with its product’s proven emissions-cutting potential of 8-25%, or even more. These sorts of cuts can bump...
A further signal of growing demand for proven clean and cost-effective shipping services Helsinki, Finland: 31 March 2023: Norsepower Ltd., the leading global provider of auxiliary wind propulsion systems, and global shipping company IINO Lines, today announced a contract for the delivery and installation of two Norsepower Rotor Sails™️ on a newbuild Very Large Gas Carrier...