Jotun and the United Arab Shipping Company (UASC) have reached an agreement on the provision of advanced antifouling coatings for 11 newbuild container vessels.
Part of UASC's ambitious US$2.3 billion newbuilding program, the deal involves eleven advanced "LNG ready" ships classified by DNV GL.
Eight of the eleven vessels can carry 14,500 TEU, with the remaining three able to transport 18,800 TEU capacity vessels.
The majority of the vessels will be treated with Jotun's proprietary Hull Performance Solutions (HPS) system, which combines SeaQuantum X200 paint with advanced measurement technology to achieve a hydrodynamic performance gain of up to 15 per cent, as well as fuel cost savings.
Currently under construction at Hyundai Heavy Industries in South Korea, delivery of the vessels is scheduled to commence from late-2014.