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CCS Signs Framework Agreement with MAN

Source: www.gulfoilandgas.com 12/8/2017, Location: Asia

On December 6 2017, MAN Diesel & Turbo signed a Framework Agreement for Technical Cooperation with the China Classification Society (CCS) during Marintec China 2017. The Agreement provides for the strengthening of the cooperation between the two companies in the fields of ship design, ship-type research & development, ship power, ship automation, environmental protection, intelligent ship and battery solutions.

Jeffrey Ang, Vice President, Head of Engine and Marine Systems Asia Pacific – MAN Diesel & Turbo, and Sun Feng – Vice President – CCS, signed the agreement on behalf of their respective companies.

Ang said: “This Agreement represents a new start in our collaboration with CCS, one which I am certain will bring us more opportunities and successes. China is one of the most important markets for us already, accounting for more than 12% of our total revenue. And we see great growth opportunities here and want to deepen our partnership with the Chinese economy”.

“CCS and MAN had a very good cooperation in the past years. And we believe the Agreement will help us to explore and carry out collaboration within the areas of common advantages”, said Sun Feng at the signing ceremony.

The Agreement is a renewal agreement under the Framework Agreement for Technical Cooperation signed by both parties back in 2013. MAN Diesel & Turbo and CCS have since strengthened their cooperation within the above-mentioned fields.

In April 2015, CCS awarded MAN Diesel & Turbo’s entire four-stroke engine portfolio the world’s first SCR IMO Tier III Approval in Principle, which represented an important milestone in their collaboration.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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