Smart Green Shipping Secures £5 Million for Wind-Powered Shipping Technology

Smart Green Shipping, a Scottish company focused on reducing emissions in the shipping industry, has secured a £5 million investment to develop its FastRig wing sail technology

The investment includes £3.2 million from private investors and £1.8 million from Scottish Enterprise

The three-year project will test the FastRig wing sails and develop weather routing software for wind optimization

The company aims to make zero emission vessels a reality, offering a financially and technically robust solution to support shipping's green transition.