The agreement was signed by Heikki Pöntynen, CEO of Norsepower, and the General Manager of CHIC, in the presence of representatives from both companies. Building on the previously announced Memorandum of Understanding, the new agreement establishes a comprehensive framework for long-term collaboration across the rotor sail value chain, including production, sales, installation, service and joint engineering development.

The global market for wind propulsion has gained significant momentum in recent years, as shipowners seek proven solutions to improve fuel efficiency and meet tightening regulations. Against this backdrop, Norsepower has identified the expansion of its production capacity as a key factor in meeting growing demand and maintaining technological leadership.

This cooperation agreement establishes a long-term framework for in-depth collaboration by fully integrating the core resources and strengths of both parties. It combines Norsepower’s operational expertise in rotor sail technology, advanced intelligent control systems, and continuous innovation capabilities with CHIC’s large-scale manufacturing capacity, mature installation processes, and global service network to jointly explore project opportunities in the global market, and promote the large-scale application of wind propulsion technology across global fleets. The agreement also defines a cooperation roadmap and development phases, laying a solid foundation for the steady advancement of future collaboration.

CHIC’s General Manager stated:

“We are very pleased to move our partnership with Norsepower beyond the MOU stage. CHIC has long focused on energy efficiency and emission reduction in the maritime sector, committed to delivering green equipment solutions to the industry. Norsepower brings proven rotor sail technology and a strong market position, while CHIC offers deep expertise and significant resources in ship equipment manufacturing. With our complementary strengths, we are confident that this collaboration will enable us to deliver more efficient and reliable wind propulsion solutions to the global shipping industry, contributing to its decarbonization goals.”

Heikki Pöntynen, CEO of Norsepower, added: “The demand for wind propulsion is growing rapidly as shipowners seek practical and proven ways to reduce fuel consumption and emissions. Expanding high-quality production capacity is therefore essential to meeting market needs. By deepening our cooperation with CHIC, we are creating a strong foundation for scaling Norsepower Rotor Sail™ production and accelerating the adoption of wind propulsion across global fleets.”

The partnership comes at a time when the maritime industry is facing increasing pressure to reduce greenhouse gas emissions and improve energy efficiency. Wind propulsion technologies such as Norsepower Rotor Sails™ are emerging as one of the most practical and scalable solutions to support the sector’s decarbonisation pathway.

By combining advanced wind propulsion technology with world-class manufacturing expertise, Norsepower and CHIC aim to accelerate the large-scale adoption of wind propulsion and contribute to the sustainable transformation of global shipping.