Cargill, Maersk Tankers, and Mitsui & Co start work on fuel-saving technologies
The trio aim to find interim solutions rather than wait for industry-wide agreement on the path to ship decarbonisation
The three companies, which bring together ship types and expertise from two key shipping sectors, hope their Njord project will both deliver a commercial payback and also benefit the whole industry, with the aim of scaling up to a more formal joint venture in a year’s time