The WASP Sting

WASP, or Wind Assisted Ship Propulsion, remains a hot topic in the maritime industry as key players contemplate their strategy towards lowering greenhouse emissions. This plays into the same conversation as alternative fuels.

Primary corporate entities behind wind power are COSCO, MOL, Cargill, and K Line. It is not surprising that three of these are large Asian shipping companies that have had several decades of experience in wind assist.

Continue reading