The Caithness Business Index has posted the following article:

Driving Global Climate Innovation - Retractable Wingsail

An innovative retractable wingsail that developer Smart Green Shipping estimates can save commercial shipping companies up to 30% fuel per year will be launched by First Minister Humza Yousaf today (Wednesday 17 April 2024). Its development has been supported by £1.8 million Scottish Enterprise grant funding and £1.35 million equity investment from leading Japanese shipping company MOL Drybulk and Scottish Enterprise, with South of Scotland Enterprise helping the company establish a base in Dumfries. [Read Full Article]