Christian Bonfils believes a pilot project being undertaken by BW Dry Cargo has the potential to cut the company’s fuel bill by up to one-tenth.

If it is successful, the bulker owner’s managing director suggested it could be used to the same effect by the wider BW Group.

BW Dry Cargo is testing Miros speed measuring technology — designed for the offshore market but never used in shipping before — on its 81,000-dwt newbuilding BW Rye (built 2019).