Urgency is key for the shipping industry to achieve EEXI and CII compliance but at the same time, ship owners and operators must navigate the significant technology risks involved
Achieving a 30% reduction in GHG emissions from international shipping by 2030 compared to 2008 levels.
Striving for an 80% reduction in GHG emissions from international shipping by 2040, compared to 2008 levels.
Achieving net-zero GHG emissions from international shipping by 2050.
The Carbon Intensity Indicator (CII) is an operational metric that evaluates the efficiency of a ship in transporting passengers and/or goods. It is a mandatory requirement for all cargo, Ro-Pax, and cruise vessels over 5,000 GT (gross tons) engaged in international trade.
Benefits: Retrofitting a ship with Gale Wings not only enhances its CII rating but also extends the vessel's lifespan, ensuring continued compliance with regulatory standards.
The Energy Efficiency Design Index (EEDI) measures CO2 emissions per tonne mile for new ships, promoting energy-efficient designs. The International Maritime Organization includes wind-assisted propulsion in EEDI calculations to reduce engine power needs. The Energy Efficiency Existing Ships Index (EEXI) applies similarly to existing ships, mandating one-time certification from 2023 for vessels over 400 GT, except those built to EEDI Phase 2 or 3 standards.
Benefits: Gale Wings enhances both EEDI and EEXI, enabling ships to meet efficiency requirements without compromising on speed.
As part of the Fit-for-55 Package, the EU has agreed to include shipping in the Emissions Trading System (ETS) starting in 2024. Ships over 5,000 gross tons, regardless of flag, will need to buy allowances for emissions from both intra-EU and extra-EU voyages.
Benefits: For ships impacted by the EU Emissions Trading System, Gale Wings will generate spare allowance that can be retained for future use or sold, creating and additional revenue stream.
Around 11% of transport CO2 emissions in the EU come from ships in the EEA. The Fit-for-55 Package includes the FuelEU Maritime proposal to increase sustainable fuel use in EU shipping and ports, targeting ships over 5,000 GT. While beneficial for reducing greenhouse gas emissions, low-carbon fuels will be more expensive than conventional fuels.
Benefits: Ships utilizing wind-assisted propulsion technologies will be rewarded with a favorable factor applied to the total GHG intensity of the fuel used.
Wind propulsion provides shipowners and operators with a means to comply with upcoming regulations while managing the significant risks of their net-zero transition. By spreading investments over time, they can align with regulatory requirements and adapt as the technology path becomes clearer.
Sails are a zero-emission energy source, proven and tested over many decades, and widely regarded as the most impactful solution compared to alternative fuels.
Wind sails are rapidly emerging as a promising solution for decarbonizing shipping. With Gale Wings, we offer superior benefits, ensuring a future-proof choice.
The low maturity of alternative fuels leads to significant and risky investments due to uncertainties in supply, higher and volatile price expectations, and extensive infrastructure demands.
There is no policy volatility risk associated with wind propulsion.
Take your first compliance and sustainability steps with manageable risk.
Invest in a technology that will provide a risk-free long-term return on investment.
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