Back to the future? Cargo giant Cargill turns to sails to cut carbon [Reuters]
YARA INTL ASA S/ADR (YARIY)
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Source: Reuters
sails to a vessel early next year to test whether wind power can cut its carbon emissions, a top company executive said. With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions, yet environmental campaigners say efforts by the sector to cut emissions are slow. Leading agri group Cargill will start testing a dry bulk vessel with two wind sails in the first quarter of 2023, Jan Dieleman, president of Cargill's ocean transportation division, told Reuters. “There will be cargo on board, this will not be sea trials but real commercial use.” “We might want to use a period of three to six months to see how it works and then be ready to pull the trigger on an additional series of ships and that will depend on availability of the right ships,” Dieleman said, adding that a ship fully optimised for wind could cut emissions by 30%. “This has never been done before with hard wings for a commercial vessel this size,” Dieleman said, ad
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