The joint venture agreement named ‘CCS & DNV Technology Institute’ was recently signed by China Classification Society (CCS) and DNV.
The institute which is to be established in Shanghai aims to support both the maritime and offshore industry on various laboratory and research challenges, initially related to coating.
The joint venture agreement, signed by Mr Li Kejun, Chairman and President of CCS, and Mr Henrik O. Madsen, President and CEO of DNV, aims to support the rapid development of the Chinese shipping and offshore industry. Mr Xu Zuyuan, Vice Minister of Ministry of Communications of PRC and H.E. Mrs Chen Naiqing, PRC Ambassador to Norway, were also present at the signing ceremony.
The agreement includes the setting up of a Technology Institute in Shanghai.
Mr Li Kejun commented: “DNV and CCS both focus on quality and safety and regard them as our social responsibility. This is the right time for the two parties to set up this joint venture. DNV and CCS complement each other and this cooperation will definitely enhance the development of Chinese shipbuilding and shipping industry and will further contribute to the world maritime industry.”
Mr Henrik O. Madsen added: “We are delighted to establish this joint venture with CCS today. We have a long, proven cooperation based on trust and respect and we firmly believe that with strong support from both parties, this joint venture will benefit the Chinese maritime and offshore industries, thereby strengthening the global maritime and energy markets.”
The Technology Institute will be the first of its kind in China and initially focus on coating and corrosion services. The institute will perform tests according to international standards, in particular the new IMO performance standard for protective coatings.
Areas of cooperation will also include laboratory facilities, expertise and services related to materials, welding, fuel and lub oil analysis.
Date: 2007-10-09