This document summarizes a study on installing Magneto Electric Co-generator Plants (MECPs) on a marine vessel to reduce fuel usage. MECPs would be located on the propeller shaft and main engine flywheel to harvest rotational energy. Numerical modeling was used to analyze the power generated. MECP1 on the propeller shaft produced 3.74 kW, enough to power auxiliaries and reduce fuel usage by 1054 liters/hour. MECP2 on the flywheel produced more power due to higher rotational speed. Overall, MECPs could save costs while reducing carbon dioxide emissions and supporting the maritime industry's climate change commitments.