KCC: Klaveness Combination Carriers makes first move into wind with bound4blue eSAIL® system on CABU III newbuild

30 Oct 2024 08:00 CET

Oslo, 30 October 2024: A subsidiary of Klaveness Combination Carriers ASA
(“KCC”) has entered into an agreement with the builder of the CABU III
newbuildings, Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu
Shipbuilding Co., Ltd, to install its first ever Wind Assisted Propulsion System
(WAPS) with two bound4blue eSAILs® suction sails on the third CABU III
newbuilding for delivery in Q3 2026. The newbuild will be one of the first
tanker/dry bulk vessels to feature bound4blue’s cutting-edge WAPS technology,
while the two installed units will also rank as the largest ever suction sails,
standing at 24 meters in height.

KCC’s decision to install bound4blue's solution resulted from a comprehensive
study of alternative sail technologies, where eSAILs® were identified as the
most efficient choice for the evaluated vessels and trade routes. bound4blue’s
eSAILs®, known as a suction sail, is an innovative solution taking advantage of
the available wind at sea to generate clean forward thrust for the vessel,
effectively reducing fuel consumption and emission from the vessels’ main
engine.

The two eSAILs® will be fitted at the bow of the vessel to enable efficient port
operations. The DNV Type Approved solution works by utilizing a fan system to
drag air across the sail’s aerodynamically optimized surface, generating
propulsive efficiency. eSAILs® are available in three model sizes, starting from
12m and ranging up to 36m in height. KCC will be the first shipowner to install
the largest unit, the model 3.

The installation of eSAILs® is a part of KCC’s environmental ambition to cut the
carbon intensity of its fleet by more than 45% compared to 2018 by the end of
this decade. KCC’s strategy is to build on its market leading trading efficiency
of its combination carriers, having a 30-40% lower carbon footprint than
competing standard vessels, by investing in innovative energy efficiency and
operational efficiency measures. KCC has to date committed USD 32 million in 15
different energy efficiency measures, which in total are expected to cut fuel
consumption and carbon emissions by 15% on its modern fleet built after 2015.

CEO of Klaveness Combination Carriers, Engebret Dahm says, “We, at KCC, are
excited to partner up with bound4blue on its journey of exploring and utilizing
innovative wind assisted propulsion solutions on our fleet. This technology has
large potential for reducing carbon emissions and is expected to become an
important lever for the industry to reach its decarbonization targets.”

David Ferrer, co-founder and CTO, bound4blue, comments: “We’re thrilled to sign
this new agreement with a shipowner of the standing of KCC. This is a landmark
contract for us in many respects, becoming not only the largest eSAIL® the world
has seen, but also our first newbuild project in China. It will give KCC a
proven, autonomous, and operationally efficient solution. We look forward to
partnering with the KCC team as they help lead the ‘wind revolution’ in this key
shipping segment.”

About Klaveness Combination Carriers ASA:
Klaveness Combination Carriers (KCC) is the world leader in combination
carriers, owning and operating eight CABU and eight CLEANBU combination carriers
with three CABU vessels under construction for delivery in 2026.
KCC’s combination carriers are built for transportation of both wet and dry bulk
cargoes, being operated in trades where the vessels efficiently combine dry and
wet cargoes with minimum ballast. Through their high utilization and efficiency,
the vessels emit up to 40% less CO2 per transported ton compared to standard
tanker and dry bulk vessels in current and targeted combination trading
patterns.

For more information on KCC, visit the website: www.combinationcarriers.com

About bound4blue
bound4blue develops automated wind-assisted propulsion systems as a turnkey
solution for all shipowners and shipping companies seeking to reduce fuel costs
and polluting emissions. bound4blue’s eSAIL® system is a validated solution for
saving fuel and emissions, completely autonomous, with low maintenance and easy
installation onboard, being the most cost-efficient wind propulsion technology
today. It is suitable for Tankers, Bulkers, Ro-Ros, Cruises, Ferries, Gas
Carriers, and General Cargo vessels, regardless of their size or age. The
company, founded in 2014 with a vocation clearly focused on the renewable energy
sector in the maritime field, has its headquarters in Cantabria (Spain) and
offices in Barcelona and Singapore. The company has installed its eSAIL® system
on four ships and has signed additional agreements with other shipowners like
Eastern Pacific Shipping, Marflet, Louis Dreyfus Company, Marubeni Corporation,
Odfjell and SNA TUHA'A PAE to install the system on their fleets.

For more information, visit: www.bound4blue.com

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