KR and HD Hyundai Global Service agree carbon-reduction verification MoU


Source: Korean Register

KR (Korean Register) and HD Hyundai Global Service announced that they will cooperate in the development of “shipping and maritime big data and artificial intelligence (AI) technology”, with the aim of applying AI technology to the verification of maritime carbon reduction solutions.

The two companies signed a Memorandum of Understanding (MoU) about the digitalisation and maritime emissions reduction initiative at Kormarine 2023 held in Busan, South Korea.

Through this agreement, HD Hyundai Global Service plans to develop a monitoring system for carbon emissions using AI technology, forecasting and management solutions providing API (application programming interfaces), and data-related scenarios before and after applying carbon reduction solutions. KR will review the accuracy of ‘OceanWise’, the latest solution of HD Hyundai Global Service, and develop objective standards about the effectiveness of carbon reduction solutions.

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!