Danish engineering company Eltronic FuelTech and state-owned enterprise China Shipbuilding Trading (Shanghai) (CSTC Shanghai) have signed a memorandum of understanding (MoU) to form a strategic partnership for the adoption of Eltronic FuelTech’s greener fuel technologies in China’s maritime sector.
As part of the agreement, CSTC Shanghai will take part in promoting Eltronic FuelTech’s main units of high- and low-pressure equipment for dual fuel engines such as the gas valve train, the fuel valve train, and low-flashpoint fuel supply system for methanol fuel operations .
According to Eltronic FuelTech, the low-flashpoint fuel supply system for methanol-powered ships helps companies reduce costs and save energy while enhancing safety.
The Danish company’s collaboration with CSTC Shanghai will zero in on targeted promotion within state-owned shipyards, with a specific focus on fostering awareness and adoption within the China State Shipbuilding Corporation (CSSC) group and optimizing the influence of sustainable maritime solutions.
Eltronic FuelTech’s Global Sales Director, Nicolai Weise , commented on the partnership: “ This MoU-agreement is more than just a formal document; it is proof of the robust relationship between Eltronic FuelTech and CSTC Shanghai. Our shared vision for a sustainable maritime future has brought us together, and this agreement is a testament to the trust and collaboration that defines our business partnership.
“We are thrilled to have CSTC Shanghai as a key partner in promoting our innovative products to state-owned shipyards. Their expertise and market reach aligns perfectly with our goals, and we are confident that this collaboration will significantly drive the adoption of our technologies in the maritime sector in China.”
At the beginning of 2024, the Danish firm opened its office in Shanghai as part of the global growth strategy.