In China, at a recent ceremony, MAN Energy Solutions signed a framework agreement with COSCO Shipping Heavy Industry Co., Ltd. (CHI) regarding their future cooperation on decarbonization retrofit projects. The new framework agreement provides for the retrofitting of existing ships to operation on new alternative fuels like methane, methanol and ammonia – all fuels that […]
In China, Cosco Shipping, CP Group and Freepoint Commodities have inked a memorandum of understanding (MoU) on the production of green methanol. “This partnership aims to capitalize on each party’s strengths, foster greater collaboration, and establish a comprehensive alliance. The successful execution of this MoU signifies a pivotal moment in the strategic cooperation among the […]
In the Netherlands, Offshore Energy reports COSCO Shipping Energy and COSCO Shipping Heavy Industry have received approvals in principle from classification giants ABS, CCS, and DNV for their ammonia dual-fuel carrier design, marking a milestone for green shipping. The approvals, issued on October 30, 2024, endorse a 50,000 cubic meter vessel capable of transporting both […]
In Norway, Sea1 Offshore has ordered two new methanol-ready Offshore Energy Support Vessels from Chinese shipyard Cosco Shipping, featuring emissions-reducing technology, including generators capable of running on 100% biofuel, to be delivered in 2027. The vessels will be equipped with a remotely operated vehicle hangar and wet deck access, enhancing their versatility for offshore operations, […]
In China, Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen and OOCL signed in Shanghai a Memorandum of Understanding to extend the OCEAN Alliance operational cooperation for five additional years until 2032. As a sustainable cooperation, OCEAN Alliance continues to support customers’ supply chains and business by offering best-in-class shipping solutions through […]
