Financial Ports

Wind propulsion financing ties repayments to fuel savings in shipping first

CLAVE 1 / 4Eastern Pacific Shipping secures 100% upfront financing for wind-assisted propulsion systems on two vessels.

CLAVE 2 / 4The Fund for Energy Efficiency Technologies (FEET) links repayments to independently verified fuel savings.

CLAVE 3 / 4Two chemical tankers, Pacific Sentinel and Pacific Sunstone, are the first in the EPS fleet to adopt the technology.

CLAVE 4 / 4276 million data points were collected over four months to quantify fuel savings from the retrofits.

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