ACCELERATING THE UPTAKE OF WIND PROPULSION IN SHIPPING

Abstract

Wind Assisted Ship Propulsion (WASP) is seen as a potential solution to the environmental challenges of the maritime industry, still broader uptake is limited by barriers that hinder its adoption, implementation and upscaling. This study identifies overcoming strategies to accelerate the uptake of WASP by means of a systematic literature review. The study suggests that introducing and applying open innovation strategies in the commercialization phase lead to valuable results. In particular, proactive environmental strategy (PES), cooperation strategy, innovation activities, financing and policymakers were found to be vital key concepts for the implementation of new innovation technologies. The findings provide managerial and policy insights for all stakeholders that are involved in the process, mainly WASP technology providers, shipowners and policymakers.