Newport teams up with ZEME on emissions reduction technology

The move will allow Newport Shipping to expand its offering in environmental solutions to customers.

“We are excited to join forces with ZEME which has a strong presence among reputable shipowners,” said Lianghui Xia, managing director, Newport Shipping.

“Newport Shipping is well-known for its extensive service expertise and global yard network.The strategic cooperation between the two companies can greatly expand the service range for our existing and new clients.”

Expanded offering

The LOI sets out an agreement with Newport Shipping to help ZEME develop sales base leads.

There will be benefits on both sides resulting the agreement.

Newport Shipping will provide its full project management service and access to its 16 partner yards across the globe for projects. This will in turn help ZEME grow its own market outside of China.

As part of its offer of green tech solutions to the market, ZEME produces scrubbers. It has so far sold over 450 scrubbers and has about a 25% share of scrubber retrofitting projects completed around the globe. 

With Newport Shipping already offering a scrubber retrofit solution to its customers, the companies see that it will be a growth market for the future.

As shipowners look to cut emissions, another one of the offerings that will be of particular interest to the companies will be the AMP that will require vessels to be connected to shore-based power whilst they are in port.

Methanol is another offering that the companies will be exploring as ZEME is already seeing increased interest in the fuel along with its other solutions.