Jotun attends Boao conference and signs agreement covering 125 newbuilding vessels

During the conference, JCMC signed a memorandum of cooperation with COSCO SHIPPING Bulk, covering 125 newbuilding bulk carriers. The agreement marks a further step in strengthening the long-term partnership between the two parties.

The collaboration focuses on enhancing vessel efficiency through advanced hull performance solutions, supporting Jotun’s Clean Shipping Commitment to cut carbon emissions, protect biodiversity and preserve fuel.

Under the agreement, the fleet will be equipped with high-performance antifouling coating systems designed to reduce resistance, optimise fuel consumption and contribute to lower emissions and reduced environmental risk.

Selected vessels will further be evaluated for the application of Hull Skating Solutions (HSS), depending on operational conditions, as part of a broader effort to deliver continuous improvements in energy efficiency and environmental performance.

Commenting on the agreement, Nikos Markakis, General Manager of JCMC, said: “This agreement represents an important milestone in our long-standing cooperation. By continuously enhancing our hull performance solutions and services, we aim to support our customers in improving fleet efficiency and progressing their decarbonisation ambitions.”

Song Hourong, General Manager of the Technology & Innovation Division at COSCO SHIPPING Bulk, added: “This cooperation will further enhance the environmental performance and operational efficiency of our newbuilding fleet, supporting the sustainable development of the shipping industry.”

The cooperation aligns closely with COSCO SHIPPING Bulk’s low-carbon development roadmap and demonstrates a shared commitment to advancing more efficient and sustainable shipping operations.