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EPS and China Power green energy and renewable fuels collaboration

Eastern Pacific Shipping (EPS) and China Power International Development have inked a framework cooperation agreement to collaborate on the production of green energy and renewable fuel solutions.

Katherine Si, China Correspondent

July 26, 2023

1 Min Read
EPS CCS system onboard tanker Pacific Cobal
File Photo: EPS vessel fitted with CCS unitPhoto: EPS

This partnership marks an important milestone in pursuing a cleaner, more sustainable future for the maritime and power generation industries.

The signing is a historic starting point that will strengthen the communication and strategic cooperation between our two organisations. Our framework agreement will lay the groundwork for expanding joint efforts towards market development to promote the adoption of sustainable energy solutions.

By leveraging our combined expertise, we aim to unlock new opportunities, drive innovation, and deliver tangible solutions that address the pressing global challenges of maritime decarbonisation and sustainability, said EPS Commercial Drector Tay Gak Yong.

Under the agreement, EPS and China Power will cooperate to advance the development and adoption of energy solutions for the maritime industry, including green ammonia and green methanol. 

The FCA comes at a time when the impetus for alternative marine fuel and power generation solutions are at an all-time high. Various government mandates and ambitious corporate social responsibility agendas have made it clear that sustainability efforts must be accelerated. The FCA aims to provide both industries with viable and scalable solutions that will aide in global decarbonisation and environmental preservation, commented EPS.

Related:EPS celebrates 100th LNG bunkering with bulker in Singapore

 

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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