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Top industry players join UAE-based green container shipping consortium

Innovative new UAE-based maritime company Zaitoun Green Shipping has formed a consortium with world leading companies in smart technology and solutions to collaborate on radically improving performance of container ships and forming a new business model for this market.

The consortium consists of the top industry names such as MacGregor, Mitsubishi Heavy Industries Marine Machinery & Equipment, Wärtsilä, Winterthur Gas & Diesel (WinGD), Gaztransport & Technigaz (GTT), CargoTech and Carinafour.

The company said an increasingly innovative and demanding maritime industry called out for a new initiative such as this which takes into consideration ship efficiency, environmental protection whilst also prioritizing technological capabilities, safe operations and a commitment to profits.

With the global container shipping business suffering from weak economic and green performance, there is a need to identify new concepts.

The company noted that most shipping lines deliver mediocre results because the systems on board are not used correctly and many processes are outdated.

Alongside Zaitoun Green Shipping’s mission to protect the marine environment and drive business growth with innovative and smart approaches, the new consortium is committed to drive for new business models that will lower the investment risk and boost clean and profitable shipping.

President and ceo Mohammed Zaitoun said: “I have witnessed the current industry problems where mainly cargo owners are tied to existing ecosystems. That’s why I thought about developing a consortium of the main industry key players which will promote efficiency by taking a whole-ship approach and working forward to producing the most economical and environmentally friendly vessels.”

Learn more about green shipping at Seatrade Maritime Middle East in October 2018

Zaitoun, who is UASC’s former vp for newbuilding & technical projects, has successfully formed the consortium with a winning team of the most innovative professionals and pioneers who will collaborate to shape the industry with innovation.

UASC ordered an innovative series of five 14,000 teu and five 18,000 teu container ships in 2013 before being taken over by Hapag-Lloyd in 2017.

He added, “This innovative culture driven from the consortium, together with a constant emphasis on safety, diversity, and high ethical standards, attracts skilled and committed people and creates the basis for a high performing consortium. The implementation of operational excellence ensures that our approach is easy to do business with, and drives increased productivity and efficiency throughout the lifecycle.”

Zaitoun concluded: “Collaboration and sharing is the future. We welcome all the interested parties worldwide to work with us through our collaborative consortium seeking together for a smarter and greener shipping future. One of our main goals is to establish a competitive fleet of efficient and economical vessels that will ensure better profitability.”