Jotun COSCO Marine Coatings
Taken from: Container Shipping & Trade Newsdesk, 10 July 2012

Jotun COSCO Marine Coatings (Qingdao) Co Ltd has reached an agreement with COSCO Container to supply hull coatings help reduce fuel costs and carbon emissions on its container ships.
Jotun will supply its 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 will be the 10, 00 teu COSCO Europe scheduled for dry docking September 2012.
COSCO Container’s Deputy Managing Director, 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 greenhouse 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.”
According to Jotun COSCO Marine Coatings’ President and General Manager, Dong Zhaoming, the agreement with COSCO Container represents an important milestone in Jotun’s efforts to bring its Hull Performance Solutions to the global market.