Lloyd’s Register (LR) and Shandong Marine Group (SDMG) have signed a Memorandum of Understanding (MoU) that will allow the two organisations to collaborate on energy transition opportunities.
As informed, under the MoU, Lloyd’s Register will act as a trusted adviser to Shandong Marine Group, supporting the group’s energy transition journey as it continues to trial new energy efficiency and emissions reduction technology.
This MoU signifies the start of a significant partnership between one of China’s leading shipping companies and the world’s first marine classification society.
… said Nick Brown, Lloyd’s Register CEO, adding that China’s position as a global centre for the shipping industry and SDMG’s leading position in the country represents a huge opportunity as the industry grows, whilst taking tangible steps on the pathway towards a sustainable future.
According to LR, Shandong’s economy is the third largest in China and the province, situated on the country’s eastern coast, has successfully modernised its marine sector in the past decade, adopting novel technologies as well as new energy sources and materials.
SDMG, through its various subsidiaries, has a diverse fleet that includes bulk carriers, container ships, and gas carriers. It has the largest bulk fleet carrier fleet in China, owning and operating a fleet of handysize, handymax, panamax and capesize vessels.
The group is shifting its focus to developing green energy with pilot projects for onboard carbon capture systems and other decarbonisation solutions gaining momentum.
Over the years, Shandong Marine Group and Lloyd’s Register have established a good foundation for cooperation in the fields of ship technical audit and certification, ship safety assessment and supervision, and environmental protection. In the future, we will further expand cooperation areas and deepen cooperation in the green and low-carbon development of ocean shipping, ship energy-saving transformation, ship new energy applications, etc.
… commented Jiang Guodong, Chairman, Shandong Marine Group