On June 25, COSCO SHIPPING Green Digital Intelligence Ship Services Co., Ltd. ("COSCO SHIPPING Ship Services"), a company jointly funded and established by COSCO SHIPPING International (Hong Kong) Co., Ltd. and COSCO SHIPPING Technology Co., Ltd., held a news conference for launching Smart Sailing platform and the first batch of products in Shanghai. The first batch of products include the Green and Low-Carbon Intelligent Operation Solution, the Ship Carbon Intensity Indicator CII Digital Toolbox, the Intelligent Anti-Collision Solution, and the Crew Behavior Recognition Solution. Feng Bo, Deputy General Manager of COSCO SHIPPING Group, attended and delivered his speech on the news conference and co-launched COSCO SHIPPING Smart Sailing platform together with Qian Weizhong, Chairman of COSCO SHIPPING (Hong Kong) Co., Ltd., and Liang Yanfeng, Chairman of COSCO SHIPPING Technology Co., Ltd.. The news conference was chaired by Zhu Changyu, President of COSCO SHIPPING (Hong Kong) Co., Ltd..

Promoting the construction of a green, digital, and intelligent shipping service industry  chain is a strategic measure for COSCO SHIPPING Group to implement General Secretary of the Communist Party of China Xi Jinping's important directions on the development of the green, low-carbon and smart shipping industry which was the vision of the 20th National Congress of the Communist Party of China. Promoting the green, low-carbon and intelligent transformation of the shipping service business is not only an important practice for building a country with strong transportation network, building a digital China, and promoting the deep integration of the digital economy and the real economy, but also satisfying the internal demand for adapting to the market competition situation, meeting customer service needs, and innovating business models.

Feng Bo concluded that COSCO SHIPPING Group has incorporated the innovative development of the modern ship services industry in COSCO SHIPPING Group’s "14th Five-Year Plan" development plan and established COSCO SHIPPING Ship Services in February this year, for the purpose of focusing on three development directions - green and low-carbon, ship safety and intelligent navigation, and supply chain system construction, strengthening the use of digital and intelligent means, and providing visible, controllable, operable and compatible service products. COSCO SHIPPING will adhere to the principle of marketization and the direction of industrialization, face to customers both inside and outside COSCO SHIPPING Group, provide high-quality products and services for assisting the shipping industry to improve the operational efficiency, to reduce the management costs, to pursue green value, as to foster the ship services business as the new core competitiveness of COSCO SHIPPING Group.

COSCO SHIPPING Smart Sailing platform takes ship services as the core business, secures the new digital and intelligent shipping infrastructure and grabs greenization, intellectualization and digitalization, in order to comprehensively improve the ship services level and service capability. COSCO SHIPPING Smart Sailing platform closely focuses on the three development directions of green and low-carbon, marine navigation safety and smart supply chain at its initial stage, with using new generation information technologies such as artificial intelligence, big data, internet of things to reshape the whole life cycle management process of ship design, construction, operation, maintenance, disposal, etc..

The first batch of 4 digital products was launched together with COSCO SHIPPING Smart Sailing platform:

Green and Low-carbon Intelligent Operation Solution - Provide closed-loop management of ship energy consumption, comprehensively reduce the ship carbon emissions, improve fuel efficiency, and reduce ship operating costs.

Ship Carbon Intensity Indicator CII Digital Toolbox - Monitor the energy consumption of major commercial ships globally through artificial intelligence technology, calculate CII grades and classifications, allow users to fully understand the ships and related global shipping capacity CII rating status through the combined application of tools such as CII calculator, CII simulator, CII optimizer, and CII rating board, etc., and provide optimization suggestions.

Intelligent Anti-Collision Solution - Predict and monitor the collision risk of ships in ocean navigation through the intelligent algorithm and it provides warnings and auxiliary decision-making functions for the captain during the navigation. At the same time, through monitoring and analyzing the ship collision avoidance alarm information, the driving behavior of the crew can be supervised effectively, the safety of maritime navigation can be enhanced, and the economic loss of shipping can be reduced.

Crew Behavior Recognition Solution – Realize immediate reporting of violation at the ship's end through the hardware equipment installation. Through CCTV recording and video file import, artificial intelligence can be applied to check the video files in accordance with the requirements of the system documents, in order to reduce the labor intensity of land and shore personnel and improve the efficiency of safety inspections.

In the future, COSCO SHIPPING will develop more advanced and more digitalized shipping service products, and become a world-leading shipping service enterprise that serves both upstream and downstream shipping customers and provides green, low-carbon, and digital solutions for the entire life cycle of the shipping industry, for the sake of contributing the Chinese wisdom and Chinese solutions to foster the high-quality, sustainable and healthy development of international shipping.

On that day, nearly a hundred guests attended the news conference, including the relevant functional divisions of COSCO SHIPPING headquarters, various shipping companies, ship services companies and information technology companies within COSCO SHIPPING Group, as well as Shanghai Data Exchange, and various shipping financial leasing companies, such as Seacon Shipping Group Holdings Limited, Fujian Highton Development Co., Ltd. and BOCOM Leasing.