NAPA on why wind-assisted ships need proof of savings, not just a contract

BIMCO recently adopted its Energy Saving Device Retrofit Addendum in Autumn 2026, giving owners and charterers a contractual framework to agree how the cost, time and fuel savings of a retrofit are shared during a time charter. For wind-assisted propulsion systems (WAPS), it targets the obstacle most often cited for slow uptake: the owner usually ...