Smart Green Shipping wins £1.35m from MOL Drybulk and Scottish Enterprise

February 8, 2023
The Smart Green Shipping team pictured (L-R): Frankie Haugh, Ian Haugh, Isla Valenti, Di Gilpin, Sam Bourne and Robert Palin

Dumfries-based systems design and engineering company Smart Green Shipping has completed a £1.35 million investment round.

MOL Drybulk and Scottish Enterprise are joint investors in the company that is steering a course to a demonstration FastRig wingsail later this year alongside its industry partners at Peel Ports Hunterston Port and Resource Centre.

MOLDB is a 100% owned subsidiary of Mitsui O.S.K. Lines, a shipping company headquartered in Japan with global operations.

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