On July 25, 2024, Cosco Shipping and Fortescue, a leading global green technology, energy, and metals company, signed a memorandum of cooperation in Shanghai. This agreement marks the beginning of a strategic collaboration focused on developing technologies to reduce emissions and build a sustainable green fuel supply chain. Both companies will leverage their respective strengths in technology and resources to drive this initiative forward.
The partnership aims to transform the energy structure of the shipping industry, promoting eco-friendly growth and advancing the sector towards a low-carbon future. By working together, COSCO SHIPPING and Fortescue are committed to contributing to a globally interconnected shipping ecosystem that prioritizes sustainability and environmental responsibility.
Source: Fortescue
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