- Impact investment
- wind propulsion technologies
- zero emission shipping
US / NY / Short Sea Shipping
New York City ⇔ Kingston on the Hudson River
twice a year
- supply cacao from Central America to make chocolate in France
- export organic French wines to New York
One one side, those 3 start ups are commercially very successful : they convince marquee customers, major brands in fashion, liquor, automobile to onboard on the zero emission shipping journey.
But on the other side, the financing of those vessels is very challenging.
Jean Zanuttini, CEO of Neoline, in his Sept. 2021 interview, summarizes very well the : “this past century, we have always looked at improving productivity of assets, which means using more energy. But reducing GHG means reducing energy consumption. With a sailing ship project you propose to build and finance an asset with a lower productivity: it is against the financial rule, it is difficult to convince that even if the ship has lower productivity, its profitability can still be higher.”
St Nazaire, FR ⇔ Baltimore, MD
Central America ⇔ US + Canada
Sail Cargo Inc
Le Havre, FR ⇔ East Coast, US