As known, oil prices are going up and some companies are finding ways to save on this. The DHS cargo company has come out with the kite-powered cargo ship project (that reminds me something of kite-powered). The company that made the SkySails system said that it will help in reducing 30-percent of the oil consumption on a cargo vessel.

Wow 30-percent, that’s a lot, I wondered if I can put a mini version of this kite system on my car, I’m sure it saves more.

Video after the break.

[via New Launches]