China’s Maritime Safety Administration of the Ministry of Transport and the state-owned China Shipping Group signed a new strategic cooperation agreement focusing on developing and accelerating the construction of smart ships. According to the agreement, they will cooperate in the fields of intelligent transportation and equipment, marine environmental protection technology, maritime policy and technical regulations research, international maritime affairs, marine safety equipment, and personnel training.
China Shipbuilding will seek to leverage the new technologies to help it rebuilt its business that was adversely affected in the first half of 2020 by the global pandemic. They reported that new ship orders dropped by 50 percent year over year in the first half of 2020.
In the field of smart shipping, the two parties said they will cooperate on smart ships, traffic management systems, and smart detection and monitoring technologies.