Veer's Game-Changing Wind and Hydrogen-Powered Container Vessels
Key Ideas
  • Veer Corporation partners with Fosen Shipyard and Bernhard Schulte Ship Management to build wind-powered and hydrogen-assisted container vessels for clean container services from 2027.
  • The innovative ship design combines a unique hull shape, DynaRig sails, and hydrogen fuel cells, aiming for zero emissions.
  • Veer secures a €50M letter of intent from Prow Capital to finance the design and construction of the eco-friendly ships.
  • FutureShips ship brokerage and multiple charterers are engaged for clean liner services, showcasing Veer's commitment to sustainable shipping.
Veer, a Bahamas-based company, has announced its partnership with Germany's Fosen Shipyard to construct its first two wind-powered and hydrogen-assisted container vessels. The collaboration aims to introduce clean container services starting from 2027. Carsten Stellamanns, CEO of Fosen Shipyard, expressed delight in this venture, emphasizing the development of the first zero-emissions container carrier in Germany. Additionally, Veer has teamed up with Bernhard Schulte Ship Management for technical management and FutureShips ship brokerage for operational support. The 100-meter-long ship design incorporates an innovative hull shape, DynaRig sails, and hydrogen fuel cells, highlighting Veer's commitment to sustainability and environmental responsibility. To fund this eco-friendly initiative, Veer has secured a €50 million letter of intent from Prow Capital in Amsterdam. The company is actively engaging with various charterers to kickstart clean liner services in 2027, demonstrating its dedication to revolutionizing the maritime industry with innovative and green solutions.
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