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]