a tug boat in the water next to a large cargo ship

Weekly News Roundup: Innovations, Funding, and Security Challenges Unveiled

This week’s maritime news highlights significant developments from 02 Sep. to 08 Sep. 2024. Key topics include India’s ₹25,000 crore Maritime Development Fund to boost shipbuilding, recovery in dry cargo shipping, innovations in marine fuels, and updates on the Red Sea crisis. Environmental challenges and Seychelles’ efforts against maritime crime are also covered.

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DNV Grants Type Approval For Bound4blue Esail

Bound4blue’s eSAIL® Receives Type Approval from DNV

Bound4blue’s eSAIL® has received Type Approval from DNV for its innovative wind-assist technology. The autonomous suction sails enhance propulsive efficiency by reducing engine loads, fuel consumption, and emissions. Shipowners like Odfjell and Eastern Pacific Shipping are already interested in this lightweight and easy-to-install system, which offers significant benefits for vessel types.

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