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Cosco Shipping establishes electric vessel innovation alliance

Image: Cosco Shipping cosco_electric_vessel.jpg
China’s largest shipping line, Cosco Shipping Group, and its unit, Cosoc Shipping Development, have jointly initiated the setting up of the China Electric Vessel Innovation Alliance.

Members of the alliance are from various industries covering electric-powered propulsion system, vessel design and construction, port and terminal operation, science institution, electric-power battery supplier, industry investment and financing. 

Aiming to promote green and zero-carbon development for shipping industry, the alliance will strengthen communications and collaboration between members. 

Low-carbon and zero-carbon is the inevitable course for global transportation industry development, the set-up of Electric Vessel Innovation Alliance will be helpful to integrate resources from green shipping industry chain and jointly promote standard establishment for green vessel, said Huang Xiaowen, Deputy General Manager of Cosco Shipping Group.

TAGS: Asia