Jotun to Supply Hull Coatings to COSCO Container

Press Release
Thursday, July 05, 2012

Jotun COSCO Marine Coatings (Qingdao) Co Ltd contracted to supply coatings vessels to drydocked COSCO container ships

Under the terms of the agreement, Jotun will supply its top of the range Hull Performance Solution, including SeaQuantum X200 antifouling paint and a High Performance Guarantee, to a number of vessels scheduled for drydock in 2012 and 2013. The first vessel to be upgraded will be the 10 000 TEU COSCO Europe scheduled for dry docking September 2012.

According to COSCO Container’s Deputy Managing Director, Mr Hou Liping, the agreement is consistent with COSCO Container’s comprehensive commitment to Sustainable Development, part of which involves taking active steps to reduce Green House Gas emissions.

Mr. Hou Liping said: “After extensive review we have concluded that hull performance can play a very significant role in further reducing our fuel cost and Green House Gas emissions. Jotun’s Hull Performance Solutions combines a high performance antifouling paint with a credible method for measuring delivered performance and a cash-back performance guarantee.  This has enabled us to embark on an ambitious investment program aimed at improving hull performance across our fleet.”
 

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