Nissen Kaiun invests in Econowind

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Nissen Kaiun has become a shareholder in Wind-Assisted Shipping Propulsion company Econowind.

The company said it had chosen Econowind for its technology. Econowind has developed VentoFoil, a wind-assist device that drives decarbonization in shipping.

Over 130 units have been sold to date, with customers ranging from shortsea and deepsea operators across all market segments.