Cargill Inc. is hoping to cut its ocean cargo fuel tab and greenhouse gas emissions by flying a kite.
The global fertilizer-to-food producer has signed an agreement to install a 320-square-meter kite made by SkySails of Germany on a 30,000-ton vessel chartered by Cargill. The sail is designed to cut consumption of dirty bunker fuel by up to 35 percent in ideal sailing conditions.
"For some time, we have been searching for a project that can help drive environmental best practice within the shipping industry and [we] see this as a meaningful first step," said G.J. van den Akker, head of Cargill's ocean transportation business. The shipping industry currently supports about 90 percent of the world's international trade in products and commodities. "In a world of finite resources, environmental stewardship makes good business sense. In addition to lowering greenhouse gas emissions, the SkySails technology aims to significantly reduce fuel consumption and costs. We are very impressed with the technology and see its installation on one of our chartered ships as the first part of an ongoing, long-term partnership."
SkySails, which last year raised more than $20 million in capital, has developed a patented technology that uses a kite that flies ahead of the vessel at a height of 125 to 450 yards in a figure-eight configuration. An automatic control system steers the kite and adjusts its flight path.
According to a study by the UN's International Maritime Organization, up to 100 million tons of carbon dioxide (CO2) could be saved every year by the broad application of the SkySails' technology on the world merchant fleet. This figure would equate to 11 percent of the CO2 emissions of Germany.
Cargill does not today own or operate ships, but transports more than 185 million tons of commodities annually.
SOLAR FIRM'S 1,000TH SALE
Lakeville-based Despatch Industries, a beneficiary of China's move to become the globe's biggest manufacturer of solar-energy installations, recently celebrated the sale of its 1,000th firing furnace at the Shanghai New International Photovoltaic Power Generation Conference and Exhibition in February.
The company also reported 2010 sales of more than $200 million, a doubling over the past several years.