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The Board of the shipping company (Stephenson Clarke Shipping Ltd) took the view that due to the low cost of fuel and limited availability of "usable wind" on the trading routes, the wingsail did not satisfy the company's payback criteria.
Much later, in May 1996, the publication Pacific Maritime reported on two Japanese vessels, Aqua City and Usuki Pioneer, which evaluated wingsails over the period from 1984 to 1993. These trials claimed 30-40% savings in fuel costs in ideal wind conditions. However, high maintenance costs and falling oil prices caused the demise of both projects.
In the summer of 2001, senior personnel in both BP and Shell were contacted to see if increased oil prices and more environmentally friendly policies would encourage them to reconsider the wingsail as a means to reduce fuel consumption. At present there is little or no interest from either company.
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