Major German dry bulk ship operator Oldendorff Carriers joins a project aimed at developing rotor sails for dry bulkers.
This happens in partnership with Anemoi Marine Technologies, Lloyd's Register and Shanghai Merchant Ship Design & Research Institute.
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Coal is in high demand in China, and by all appearances, the appetite for coal will not abate in the coming months, benefiting dry bulk operators. Norden and Lauritzen note how the Chinese coal policy – in addition to its import ban from Australia – serves to strengthen an already strong market. Clarified.