Finland-based rotor sail producer Norsepower and Chinese COSCO Shipping Heavy Industry Equipment (CHIC) have announced a deeper cooperation to scale production and deployment of Norsepower Rotor Sails™.

The agreement was signed last week by Heikki Pöntynen, chief executive officer of Norsepower and the general manager of CHIC, in the presence of representatives from both companies.

The agreement is building on the previously announced memorandum of understanding establishing a comprehensive framework for long-term collaboration across the rotor sail value chain, including production, sales, installation, service and joint engineering development.

“We are very pleased to move our partnership with Norsepower beyond the MOU stage. CHIC has long focused on energy efficiency and emission reduction in the maritime sector, committed to delivering green equipment solutions to the industry. Norsepower brings proven rotor sail technology and a strong market position, while CHIC offers deep expertise and significant resources in ship equipment manufacturing. With our complementary strengths, we are confident that this collaboration will enable us to deliver more efficient and reliable wind propulsion solutions to the global shipping industry, contributing to its decarbonization goals,” says the general manager of CHIC.

“The demand for wind propulsion is growing rapidly as shipowners seek practical and proven ways to reduce fuel consumption and emissions. Expanding high-quality production capacity is therefore essential to meeting market needs. By deepening our cooperation with CHIC, we are creating a strong foundation for scaling Norsepower Rotor Sail™ production and accelerating the adoption of wind propulsion across global fleets,” added Heikki Pöntynen, chief executive officer of Norsepower.