Laurent Cadji-led Union Maritime is investing strategically in BAR Technologies, the developer of the WindWings propulsion system.

The shipowner is working with BAR’s shareholders to buy a significant slice of the UK company, reflecting Union Maritime’s long-term commitment and strategic alignment.

“That process is in its final stages and reflects Union Maritime’s deep commitment to good corporate citizenship … and to WindWings technology and its central role in global shipping,” Union Maritime said.