Cosco in 'green' deal with Jotun for latest anti-fouling marine paint

GLOBAL provider of marine coatings including anti-fouling paints, Jotun Cosco Marine Coatings (Qingdao) Co, has signed an agreement with China's largest liner shipping company, Cosco Container, to help reduce fuel costs and carbon emissions.

The company said that under the terms of the agreement, Jotun will supply its hull performance solution, including SeaQuantum X200 anti-fouling paint 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 to drydock in September.

According to Cosco Container's deputy managing director, Hou Liping, the agreement is in line with the shipping company's commitment to sustainable development, part of which involves taking active steps to reduce green house gas emissions.

"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," he said.