China Classification Society (CCS) and China Cosco Shipping Group have agreed to work together on reducing shipping’s carbon emissions.
CCS vice president Sun Feng and Cosco Shipping deputy general manager Huang Xiaowen recently signed a framework agreement in Shanghai.
Chinese President Xi Jinping had earlier announced his country’s ambition to reach “peak carbon” by 2030 and carbon neutrality by 2060.
CCS president Mo Jianhui said he wanted to help the country achieve its targets through the cooperation pact.
“The signing of this agreement will further deepen the strategic cooperative relationship between CCS and China Cosco Shipping Group, creating new and important opportunities to help support the implementation of major national strategies,” he said.
CCS is one of the world’s largest classification societies with a serviced fleet of 35,000 vessels amounting to 155m gt.
Together with Cosco Shipping it also hopes to contribute international efforts to reduce maritime transport emissions.
Core technologies
The Chinese pair have committed to working together to support the development of key core technologies, on building an international cooperation platform and promoting the establishment of industry standards.
Jianhui said: “A partnership working approach will enhance research efforts into key core technologies to support decarbonisation and carbon neutrality in the shipping industry, as well as helping us to promote the development of relevant standards and regulations.”
TradeWinds earlier reported Cosco Shipping Holdings is lining up a contract for up to 10 13,000-teu containerships which may be fuelled by LNG.
