Wind Power Could Bring Seaborne Transportation Full Circle ...Middle East

OILPRICE - Economy
Wind Power Could Bring Seaborne Transportation Full Circle
source : OILPRICE ( Middle East ) () 16
A dry bulk ship chartered by agricultural and bioindustrial specialist Cargill Plc has set out on its first voyage after being fitted with special sails aimed at studying how harnessing wind power can lower emissions in the shipping sector. Marine transport is one of the biggest consumers of oil, accounting for ~7% of oil consumption worldwide and 3% of global CO2 emissions. "It is risk taking. There is no guarantee ... that the economics are going to work. But it is up to us to show the industry what is possible and hopefully get some more people…

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