Smart Green Shipping Alliance

clock • 1 min read

Smart Green Shipping Alliance (SGSA) pioneers Maritime Renewables (MR) by combining 21st century technology transferred from yacht racing, renewables, F1, aerospace, automotive, novel materials with traditional naval architecture.

SGSA created FASTRIGS - automated, rugged, freestanding, modular, light, low cost sailing rigs by combining existing techs and novel materials in innovative ways. The system requires no additional crew costs or risks, and leads to no on-deck clutter impeding access to holds.

Fully optimised in small/medium size new build ships and in combination with off-the-shelf biofuelled engines immediate 100 per cent renewable propulsion is possible.

FASTRIGS retrofitted to existing vessels save ~20% fuel, fitted during regular dry docking without losing critical seadays.

SGSA has designed a complementary fuel saving analysis and operation support tool, TRADEWIND, developed with Met Office from their renewables and aviation solutions. Research with ship owners, operators and ports has identified and addressed market and logistics challenges.

Through transferring knowledge from renewables SGSA has created complementary new business opportunities in MR finance that integrates an operation and maintenance (O&M) service - RE:Surge.

More on Investment

LEGO invests over £2m in four new carbon removal projects

LEGO invests over £2m in four new carbon removal projects

Danish toy giant commits further DKK18m to expand its portfolio of both technology and nature-based carbon removal projects

Michael Holder
clock 26 February 2026 • 2 min read
Over 250 investors back revamped Net Zero Asset Managers initiative

Over 250 investors back revamped Net Zero Asset Managers initiative

Relaunch of influential initiative will see member companies back updated commitment, after backlash against previous net zero rules

James Murray
clock 25 February 2026 • 5 min read
Study: Over a quarter of EU-regulated 'green' investment funds still at risk of greenwashing

Study: Over a quarter of EU-regulated 'green' investment funds still at risk of greenwashing

Analysis by MainStreet Partners focuses on Article 8 and 9 investment funds regulated under the EU's Sustainable Finance Regulation (SFDR)

Michael Nelson, Investment Week
clock 25 February 2026 • 3 min read