It has issued a request for proposals (RFP) to shipowners or charterers for a grant to help finance work on a single-vessel which will result in a minimum fuel savings of 10–15%.
Up to $200,000 will be granted by the non-profit organization to fund the installation of continuous monitoring equipment.
CWR says it will also commission independent, third-party analysis of the collected data, which will verify the benefits of the multi-technology retrofit and provide a 'proof of concept' for the entire industry.
