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MAN and COSCO extend strategic cooperation to facilitate further retrofit projects

MAN Energy Solutions signed a framework agreement with COSCO Shipping Heavy Industry Co., Ltd. (CHI) regarding their future cooperation on decarbonization retrofit projects.

The new framework agreement provides for the retrofitting of existing ships to operation on new alternative fuels such as methane, methanol and ammonia—all fuels that can be produced in a sustainable way through power-to-X processes. MAN Energy Solutions will provide advanced engine-retrofit technology and digital energy-efficiency solutions, while CHI will leverage its rich EPC (Engineering, Procurement, and Construction) experience in large-scale ship modification projects.

With five ship-repair yards, CHI has the capacity to repair and modify approximately 1,500 ships annually. This collaboration will integrate MAN PrimeServ’s dual-fuel engine technology with CHI's repair and modification capabilities to decarbonize the merchant fleet globally.

MAN Energy Solutions views the new agreement as a natural development stemming from the companies’ strong relationship. In this respect, MAN Energy Solutions and CHI are already working together on two major projects for two world-leading container-ship owners.

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