Freighter sail developer raises EUR 15.9m in funding round

The company Bound4blue secures capital from the European Commission’s investment fund and Louis Dreyfus, among others, for the development of sails for merchant ships.

Bound4blue's sails will help ships reduce their fuel consumption. | Photo: bound4blue

by DANIEL LOGAN BERG-MUNCH

Spanish supplier Bound4blue, which develops wind sails for shipping, has just raised EUR 15.9m in a capital round with several big names.

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Freighter sail developer raises EUR 15.9m in funding round

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Shipping industry may need almost half of all green fuels in 2030

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs