Wah Kwong NatPower Holdings Limited (WK NatPower), a new joint venture between Hong Kong-based shipowner Wah Kwong and the UK-based clean energy enabler NatPower Marine, and Shandong Port Group (SPG), a Chinese state-owned port company, have signed a strategic memorandum of understanding (MOU) to develop large-scale shore power and ship charging projects.
The agreement begins with Qingdao Port International, one of the world’s most automated terminals, and will explore new business models for electric vessels , establish technology and knowledge exchange, and lay the foundations for global green shipping corridors linking China and Europe .