The Danish National Advanced Technology Foundation (Højteknologifonden) has invested in a project collaboration aimed to reduce older container ship energy comsumption by 10-20%. The collaborators in the project are MAN Diesel & Turbo, Maersk Line and DTU Mekanik (The Technical University of Denmark's Mechanical Technology Department). The collaboration partners explain that Increasing oil prices have resulted in the massive container ships that carry cargo to the four corners of the world having to sail at a slower speed in order to save fuel.