Cost–benefit analysis and design optimization of wind propulsion systems for a Tanker retrofit case

This study introduces WindWise, a cost–benefit analysis and design optimization tool for Wind Propulsion Systems (WPS) in sustainable shipping. By integrating route simulations, ship constraints, and fuel pricing scenarios, WindWise determines the optimal WPS configuration to maximize fuel savings and minimize payback periods. A retrofit case study of an oil tanker evaluates two WPS classes—DynaRigs and Rotor Sails—across multiple operational and economic conditions. Results reveal that optimal configurations vary based on constraints: in an unconstrained scenario, larger, well-spaced installations minimize aerodynamic losses, whereas realistic constraints shift the preference towards smaller, distributed setups to mitigate cargo loss and air draft penalties. Rotor Sails offer lower upfront costs and shorter payback periods for modest savings targets and for side-wind routes, while DynaRigs emerge as the more viable solution for higher emissions reductions and long-term profitability. Optimization of WPS configurations proves crucial, with non-optimized configurations exhibiting payback periods over 150% higher than optimized ones. Although payback period remains an important metric, considering both payback and net present value provides a more comprehensive assessment of WPS financial viability, with Rotor Sails generally offering faster payback but DynaRigs delivering higher long-term profitability across most scenarios.

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Publication Details

Journal
Maritime Transport Research
Published
2025-04-19
DOI
https://doi.org/10.1016/j.martra.2025.100132
Citations
2
Primary Topic
Spacecraft and Cryogenic Technologies
Type
article
Field-Weighted Citation Impact
9.99

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article

Cost–benefit analysis and design optimization of wind propulsion systems for a Tanker retrofit case

Harry B. Bingham, Harilaos N. Psaraftis, Martin Flück, Martina Reche-Vilanova et al.
2 citations
Maritime Transport Research
Spacecraft and Cryogenic Technologies
9.99
article

Cost–benefit analysis and design optimization of wind propulsion systems for a Tanker retrofit case

Harry B. Bingham, Harilaos N. Psaraftis, Martin Flück, Martina Reche-Vilanova, David P. Morris
article en
2 citations

Abstract

This study introduces WindWise, a cost–benefit analysis and design optimization tool for Wind Propulsion Systems (WPS) in sustainable shipping. By integrating route simulations, ship constraints, and fuel pricing scenarios, WindWise determines the optimal WPS configuration to maximize fuel savings and minimize payback periods. A retrofit case study of an oil tanker evaluates two WPS classes—DynaRigs and Rotor Sails—across multiple operational and economic conditions. Results reveal that optimal configurations vary based on constraints: in an unconstrained scenario, larger, well-spaced installations minimize aerodynamic losses, whereas realistic constraints shift the preference towards smaller, distributed setups to mitigate cargo loss and air draft penalties. Rotor Sails offer lower upfront costs and shorter payback periods for modest savings targets and for side-wind routes, while DynaRigs emerge as the more viable solution for higher emissions reductions and long-term profitability. Optimization of WPS configurations proves crucial, with non-optimized configurations exhibiting payback periods over 150% higher than optimized ones. Although payback period remains an important metric, considering both payback and net present value provides a more comprehensive assessment of WPS financial viability, with Rotor Sails generally offering faster payback but DynaRigs delivering higher long-term profitability across most scenarios.

Maritime Transport ResearchVol. 8
Wind Power Engineering (Japan) (JP), Technical University of Denmark (DK)
Innovationsfonden, Danske Maritime Fond
Affordable and clean energy
Openalex Percentile: Top 3%
Spacecraft and Cryogenic Technologies
9.99
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