ELTRONIC FUELTECH STRENGTHENS PARTNERSHIP WITH CSTC SHANGHAI

Mar 13, 2024 | Maritime business news

Eltronic FuelTech and China Shipbuilding Trading CSTC (Shanghai), a prominent player in the Chinese maritime industry, have formalised their collaboration by signing a Memorandum of Understanding (MoU).

The mutual agreement signals a united commitment to advancing sustainable maritime technologies.

Eltronic FuelTech Global Sales Director, Nicolai Weise said: “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.”

Under the terms of the MoU, CSTC Shanghai will play a pivotal role 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. The collaboration lies in targeted promotion within state-owned shipyards, with a specific focus on fostering awareness and adoption within the CSSC group. This strategic initiative is geared towards optimising the influence of sustainable maritime solutions, thereby actively contributing to the industry’s transition towards greener practices.

Eltronic FuelTech and CSTC Shanghai look forward to a future of continued collaboration, innovation, and shared success as they jointly pave the way for a more sustainable and environmentally conscious maritime industry.

Weise concluded: “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.”

Image: Eltronic/CSTC MoU (source: Eltronic FuelTech)

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