Hampshire’s BAR Technologies inks deal to bring WindWings to China
Wind propulsion pioneers BAR Technologies have agreed a partnership with CM Energy Tech (CMET), who will oversee production of their signature WindWings in China.
As the shipping industry reacts to new emissions regulation, Portsmouth-based BAR is looking to meet growing demand from Asian shipping firms by establishing a presence among the world’s leading builders of bulk and large cargo vessels.
CMET has already been assembling ships fitted with WindWings at its Shanghai facilities to supply to Berge Bulk – BAR’s latest customer in Singapore.
The deal will see CMET manage the value chain of procurement, construction and installation of WindWings throughout China’s shipyards.
Visit Hampshire Biz News for bright, upbeat and positive business news from the county
John Cooper, CEO of BAR Technologies, said: “In looking at where we manufacture our WindWings, we recognised we have to align our production with the leading nations in global shipping construction.
“Progressing shipping’s decarbonisation journey requires taking the decisions now that will offer long term opportunities to grow and scale WindWings installations, as vessel owners increasingly specify new build vessels from the major yards with wind propulsion.
“Partnering with CMET will enable us to work with a highly reputable, long-standing organisation which will significantly enhance the manufacture and production of our WindWings technology.”
The new agreement supersedes BAR’s previous fixed-term partnership with Yara Marine Technologies as the two companies part ways after two years of collaboration.
John added: “All at BAR Tech would like to warmly thank our colleagues at Yara.
“Without our successful partnership we would not have brought this market leading technology to market as quickly and as professionally – this has benefitted our joint clients and the industry.”
Read more - Ordnance Survey and University of Southampton to lead pioneering geospatial research