Veer Partners with Fosen Shipyard to Develop Zero-Emissions Container Vessels
Key Ideas
- Veer has chosen Fosen Shipyard to construct wind-powered and hydrogen-assisted container vessels for clean container services starting in 2027.
- The partnership aims to create a zero-emissions container carrier in Germany by incorporating innovative technologies like DynaRig sails and hydrogen fuel cells.
- Veer has secured a €50M letter of intent from Prow Capital in Amsterdam to finance the design and construction of these environmentally friendly ships.
- Collaborations with Bernhard Schulte Ship Management and FutureShips ship brokerage highlight Veer's commitment to sustainable shipping practices.
Veer, based in the Bahamas, has announced its partnership with Germany's Fosen Shipyard to construct wind-powered and hydrogen-assisted container vessels, aiming to introduce clean container services by 2027. Carsten Stellamanns, the CEO of Fosen Shipyard, expressed excitement about this initiative to develop the first zero-emissions container carrier in Germany. The vessel design, measuring 100 meters in length, will integrate an innovative hull shape, DynaRig sails, and hydrogen fuel cells to minimize environmental impact. Veer has also engaged Bernhard Schulte Ship Management for technical management, partnered with FutureShips ship brokerage, and is in discussions with various charterers to commence clean liner services in 2027. Furthermore, Veer has secured a €50M letter of intent from Prow Capital in Amsterdam to fund the design and construction of these sustainable ships, demonstrating a significant step towards eco-friendly maritime transportation.