China Merchant boosts efficiency of new VLCCs with Jotun Hull Performance Solutions


PRESS RELEASE: China Merchant Energy Shipping Co., Ltd (CMES) has decided to upgrade the antifouling solution on their VLCCs New Builds at Dalian Shipbuilding Industry Co., Ltd. (DSIC) and new subsequent contracts to Jotun Hull Performance Solution (HPS) including SeaQuantum X200.

In today's highly competitive market, facing challenge of environment protection and economic environment, most ship owners are paying more attention to improve efficiency and reduce cost.

"We actively respond to the call of energy-saving and emission reduction. According to the characteristics of our fleet, we closely track and adopt international advanced new energy saving and emission reduction technology, continue to promote the technological transformation of energy-saving and emission reduction," said CMES Assistant President Mr. Tan Youquan. "It is known that Hull Performance Solution (HPS) is a strategic and innovative antifouling solution towards our increasing demand on bunker savings and environmental performance, in addition to a clean hull against marine growth."

"Our company always aims for conserving resources, improving energy efficiency, emission control and protecting environment. This target is also what management team led by managing director Captain Xie Chunlin is supporting and pursuing," CMES's Deputy General Manager Mr. Huang Yongquan added. "Advanced antifouling technology is central to optimizing hull performance and our fleet's energy consumption. HPS demonstrates its effectiveness, helping us to quantify efficiency gains and contributing to something we all want - a more sustainable, environmentally-friendly, and profitable shipping environment."

According to Jotun COSCO Marine Coatings' President and General Manager, Mr Dong Zhaoming, "Jotun's Hull Performance Solutions is consistent with requirement of sustainable development, part of which involves taking active steps to reduce greenhouse gas emissions. We are quite convinced that HPS can play a very significant role in further reducing fuel cost and greenhouse gas emissions for customers and shipping industry."

About CMES
China Merchants Energy Shipping Co., Ltd. is jointly established by China Merchants Group, Sinopec Group, Sinochem Group, CNOOC Group and COSCO Group in 2004 and principally engaged in deep sea shipping business. The Company operates its businesses through tanker transportation, bulk cargo vessel transportation as well as liquefied natural gas (LNG) vessel transportation. It also involves in the shipping operation and management business. Now, the Company is operating 17 oil tankers (3.71 mdwt) and 21 bulker carriers (1.96 mdwt) and 6 LNG vessels (0.5 mdwt).The company also have 10 VLCCs, 12 bulker carriers contracts which will be delivered from 3rd quarter 2014.

About Jotun COSCO Marine Coatings
Jotun COSCO Marine Coatings (Qingdao) Co Ltd is a part of the Jotun Group one of the global market leaders within marine coatings including antifouling paints. In 2011 Jotun launched its ground breaking Hull Performance Solution (HPS) consisting of a top of the next generation antifouling (SeaQuantum X200), a reliable and transparent method for measuring the impact of the antifouling on vessel energy efficiency as well as a no-cure-no-pay business model.

Siri Moldestad Sanna, email:, Marketing Programme Manager, Jotun Marine and Protective Coatings, Tel.: +47 33457000, Cell: +47 90132780
Wang Jian, Ph.D. email:, Technical Director / Marketing Manager, Jotun COSCO Marine Coatings (Qingdao) Co. Ltd. Tel.: +86 21 63330800

China Merchant VLCCs - original