Chinese shipbuilder Wuhu Shipyard has moved to enter the European market with a new research and development (R&D) cooperation agreement focused on green shipping technology.
Wuhu Shipyard recently signed a cooperation agreement with Germany’s Tamm Media to promote China’s green shipbuilding technology and integrate overseas market resources and experience.
The Chinese shipyard intends to capitalize on the advantages of its subsidiary San Dian Shui New Energy Technology in the fields of alternative energy propulsion systems, such as electric and hydrogen, and intelligent ship technology, aiming for in-depth cooperation with European shipping companies.
Reportedly, the parties will focus on:
According to Wuhu Shipyard, this strategic collaboration marks “a key step to actively integrate into the global green shipping chain and expand the high-end marine network” .
The partnership is also expected to directly support the modernization of the European inland fleet, accelerate the large-scale application of clean energy in the traditional inland waterway transportation, and contribute to the low-carbon transformation of the global shipping industry by contributing “Chinese solutions” .