On March 15, COSCO SHIPPING and Shanghai Electric Group Co., Ltd. (Shanghai Electric) cemented their partnership with a strategic cooperation agreement in Shanghai.

Recognized as a global frontrunner in industrial green intelligent systems, Shanghai Electric specializes in smart energy solutions, intelligent manufacturing, and digital intelligence integration, with an extensive international footprint.

According to the agreement, COSCO SHIPPING and Shanghai Electric will engage in comprehensive collaboration, which spans sustainable fuels like green methanol, maritime shipping, logistics, marine equipment, vessel maintenance, and digital transformation initiatives. This partnership aims to provide each group with superior quality and efficiency in products and services, propelling both towards the fulfillment of their strategic partnership objectives.