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Home > All news > Shipping, Sustainability > COSCO Shipping Partners with Fortescue to Promote Green Development of Shipping Industry

COSCO Shipping Partners with Fortescue to Promote Green Development of Shipping Industry

July 30, 2024
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COSCO Shipping Partners with Fortescue to Promote Green Development of Shipping Industry

Beijing - COSCO SHIPPING and Fortescue, a leading global green technology, energy and metal company, inked a memorandum of cooperation in Shanghai on July 25, 2024. Under this MOU, both parties will leverage their respective technological and resource strengths to collectively develop a sustainable green fuel supply chain. This initiative aims to advance the shipping industry’s energy structure transformation, foster its eco-friendly growth, and contribute to the realization of a globally interconnected green, low-carbon, and sustainable shipping ecosystem.

As outlined in the MOU, both companies will collaborate on developing technologies to lower . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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