China Merchant orders Jotun's innovative anitifouling solution for its VLCC newbuilds
China Merchant Energy Shipping Co., Ltd (CMES) has decided to upgrade the antifouling solution on their VLCCs New Builds at and new subsequent contracts to Jotun Hull Performance Solution (HPS) including SeaQuantum X200, CMES said in its press release.
In today’s highly competitive market, facing challenge of environment protection and economic environment, most ship owners are paying more attention to improve efficiency and reduce cost.
According to Jotun COSCO Marine Coatings' President and General Manager, Mr Dong Zhaoming, “Jotun’s Hull Performance Solutions is consistent with requirement of Sustainable Development, part of which involves taking active steps to reduce Green House Gas emissions. We are quite convinced that HPS can play a very significant role in further reducing fuel cost and Green House Gas emissions for customers and shipping industry.”
About CMES
China Merchants Energy Shipping Co., Ltd. is jointly established by China Merchants Group, Sinopec Group, Sinochem Group, CNOOC Group and COSCO Group in 2004 and principally engaged in deep sea shipping business. The Company operates its businesses through tanker transportation, bulk cargo vessel transportation as well as liquefied natural gas (LNG) vessel transportation. It also involves in the shipping operation and management business. Now, the Company is operating 17 oil tankers (3.71 mdwt) and 21 bulker carriers (1.96 mdwt) and 6 LNG vessels (0.5 mdwt).The company also have 10 VLCCs, 12 bulker carriers contracts which will be delivered from 3rd quarter 2014.
About Jotun COSCO Marine Coatings
Jotun COSCO Marine Coatings (Qingdao) Co Ltd is a part of the Jotun Group one of the global market leaders within marine coatings including antifouling paints. In 2011 Jotun launched its ground breaking Hull Performance Solution (HPS) consisting of a top of the next generation antifouling (SeaQuantum X200), a reliable and transparent method for measuring the impact of the antifouling on vessel energy efficiency as well as a no-cure-no-pay business model.
