News / TOWT to become ship owner-operator with growing cargo schooner fleet

French operator TOWT is becoming a shipowner and operator, with plans to grow a fleet of cargo schooners, with two already on order.

The vessels can each carry around 1,100 tonnes of breakbulk cargo, the equivalent of around 100 containers, at speeds of 10 knots.

Though the vessels will not be free of conventional propulsion, the majority of energy will be provided by the wind, said to entail a 90% emissions reduction.

TOWT has benefited from investment from major shipping lines, as well ...