Netherlands-based wind assisted propulsion systems (WAPS) company Econowind is scaling up operations to meet growing global demand for sustainable propulsion solutions.
Founder Frank Nieuwenhuis will now will now concentrate on development of the company’s next-generation VentoFoil technology, while Econowind has appointed Daan Koornneef as its new CEO.
Econowind believes that WAPS is rapidly gaining traction as a practical and immediate measure to reduce fuel consumption and emissions, particularly as the sector transitions toward alternative fuels such as methanol, ammonia, and biofuels.
Koornneef said: “I am proud to join Econowind at this exciting stage of growth. Throughout my career, I have worked at the intersection of maritime operations and sustainability. What drew me to Econowind is the clarity of its mission, the practical value of its solution, and the ambitious team. Wind propulsion is not a future concept. It is available today and ready to make a real impact.”
Koornneef’s over 35 years of maritime experience includes the Royal Netherlands Navy, towage, salvage, offshore energy, and manufacturing equipment for wind farm construction. A commitment to environmental improvement has remained a consistent focus.
Nieuwenhuis said: “Daan’s deep maritime background and strong sustainability mindset make him the right person to lead Econowind into the future. Leading a scale-up requires full-time focus. With Daan as CEO, I can work on what I enjoy most: pushing our technology forward and driving continuous improvements to the VentoFoils. Our goal is to maximise wind yield and minimise payback time, making wind propulsion an even more attractive investment for shipowners.”
Econowind started in shortsea and is now preparing to deploy larger VentoFoil units, measuring up to 30m, to meet the needs of deep-sea shipping. The systems are designed to complement alternative fuels by helping offset energy costs and compensating for the space required for larger fuel tanks. According to Econowind, for many operators, wind propulsion is emerging as a key enabler in meeting emission reduction goals without compromising commercial performance.
Image: Daan Koornneef and Frank Nieuwenhuis (source: Econowind)
