An oversize paraglider-shaped kite could help cut fuel costs for ocean-going vessels while reducing their emissions.

German company, SkySails, is now offering a wind propulsion system based on large towing kites that can reduce a ship‘s fuel costs by 10- 35% annually — and, with strong winds, by up to 50%.

On December 15, 2007, a huge cargo ship outfitted with SkySails will make its maiden voyage for the Beluga Group shipping company.

(READ more from CNET)

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