Seaspan Corporation and Watts Energy Jointly Announce the Establishment of WattSpan Maritime Technology

Seaspan Corporation (SEASPAN) and Jiangsu Watts Energy & Engineering Co., Ltd. (Watts Energy) are pleased to announce the establishment of WattSpan Maritime Technology Ltd. (WattSpan), a solution provider focused on maritime dual-fuel conversion and maritime decarbonization technology development. WattSpan is jointly owned and operated by SEASPAN and Watts Energy, leveraging the deep experience and best-in-class expertise of both companies.
 
With its head office in Shanghai, WattSpan will offer integrated dual-fuel conversion solutions and decarbonization engineering services for container vessels owned by SEASPAN, and in the future to global ship owners. WattSpan will integrate solutions from engine makers, design houses, fuel gas system suppliers and shipyards to provide optimal safety, efficiency, aiming to realize CO2 reduction for the vessels.

 
Bing Chen, Chairman, President and CEO of SEASPAN commented “WattSpan marks a significant milestone in building a credible and scalable integrated solution provider. Our joint ambition is to secure a strong competitive position and sustainable economics for both Seaspan and Watts Energy, to deliver niche, innovative, and integrated solutions that combine maritime operations with clean energy technologies. Together, we will accelerate the adoption of sustainable shipping solutions that meet the evolving demands of global trade while advancing environmental stewardship.”
 
Jimmy Wang, Chairman of Watts Energy & WattSpan remarked “WattSpan marks a new chapter - a joint venture born from the deepened partnership between Seaspan and Watts Energy, and a forward-looking response to the global call for greener, smarter shipping. With strong foundations and a clear vision, along with strong supports from global leading partners, WattSpan will redefine innovation in maritime energy transition, delivering safer, greener, more efficient, and more intelligent solutions to worldwide customers. ”

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