HMM announced that it has installed a Wing Sail, a type of Wind Assisted Propulsion System (WAPS), on the 50,000-dwt MR tanker Oriental Aquamarine.
The Wing Sail harnesses wind power to generate additional thrust through aerodynamic lift, much like the wing of an aircraft. This innovation supports low-carbon vessel operations and is particularly well-suited to ships that do not carry deck cargo, such as bulk carriers and tankers.
Depending on operating conditions, the installation is expected to achieve fuel savings in the range of 5% to 20%. Reduced fuel consumption not only lowers carbon emissions but also helps vessels comply with key environmental regulations, including the Carbon Intensity Indicator (CII), Greenhouse Gas Fuel Intensity (GFI), and FuelEU Maritime requirements.
Over the next two years, HMM will closely monitor the performance of the Wing Sail using actual operational data. Based on the results, the company plans to expand the installation of this technology across its entire bulk fleet.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.