Chinese and Singapore-based handymax owner Topsheen wants to achieve net-zero carbon emissions by converting a fleet of bulkers into seagoing kilns.
By 2025, Topsheen and parent Caravelle International Group want to have a fleet of 50 owned and chartered bulkers retrofitted to load green wood in West Africa and Indonesia, and use exhaust gases to turn it into seasoned timber, carbon credits and vinegar while underway to China.
