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bound4blue expands eSAIL production in China through regional partnerships
Yahoo Finance· 2025-12-01 15:43
Core Viewpoint - bound4blue is expanding its production capabilities in China to enhance its industrial presence in Asia and support the adoption of its eSAIL suction sail technology, aiming for efficient supply to newbuild vessels and retrofits [1][5]. Group 1: Production and Manufacturing - Manufacturing of eSAIL units will be managed through a network of certified industrial partners around Shanghai and the Yangtze River Delta, adhering to ISO 9001, ISO 14001, and ISO 45001 standards [2]. - Initial production capacity is set to reach up to 100 eSAIL units per year starting from 2026, with potential for further scaling through additional facility allocation [3]. - Local production is expected to reduce lead times for Model 2 and Model 3 eSAILs, simplifying logistics and installation processes for clients in China, South Korea, and Japan [3]. Group 2: Strategic Partnerships - Strategic partners include manufacturers with expertise in heavy-marine and port-handling equipment, as well as a global structural provider and a supplier experienced in safety-critical environments [4]. - The initial focus will be on manufacturing and logistics, with plans to expand into after-sales service and technical support as adoption increases [4]. Group 3: Market Context and Technology - China is identified as central to the future of maritime decarbonisation, being a major hub for designing and building new vessels, where shipowners seek proven technologies to meet fuel and emission targets [5]. - The eSAIL system operates autonomously and can be fitted to various vessel types, including tankers, bulk carriers, and cruise ships, enhancing versatility in maritime applications [6][7].