Dry bulk carrier owner and operator Oldendorff Carriers has signed a research agreement with the Massachusetts Institute of Technology’s (MIT) Center for Bits and Atoms (CBA) that will focus on disruptive improvements in ship design and propulsion. Oldendorf said that initial emphasis would be directed at improving hydrodynamic efficiency through research into morphing structures, hydrodynamic cloaking, moving boundary layers, and alternative energy sources. The anticipated improvements in ship design and propulsion are expected to help the company achieve the IMO 2030/50 requirements. Oldendorff highlighted that, since 2013, it invested USD 3 billion in 90 new eco vessels built in China, Korea and Japan.
