KR And Hyundai Global Join Forces To Cut Carbon Emissions

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Credit: kinsey-w/ unsplash

Korean Register (KR) and HD Hyundai Global Service have signed a Memorandum of Understanding (MoU) to cooperate on their verification of maritime carbon reduction solutions.

OceanWise

  • Two organizations, KR and HD Hyundai Global Service, are teaming up to develop cutting-edge AI and Big Data technology for the maritime industry.
  • Their goal is to create an AI-based system for monitoring carbon emissions and providing solutions for reducing them.
  • KR aims to assess the accuracy of ‘OceanWise,’ HD Hyundai Global Service’s newest solution, and set objective benchmarks for the performance of carbon-reduction measures.

Digital Technology

Lee Hyungchul, Chairman and CEO of KR, said:

“In this challenging time with strengthened international decarbonization regulations, it is essential for shipping companies to find efficient ways to reduce carbon emissions to secure competitiveness, and the convergence with digital technology will be the solution.

“We will fully support the industry to achieve more progress in eco-beneficial digital technology through the collaboration with HD Hyundai Global Service.”

Carbon Footprint

Lee Kidong, CEO of HD Hyundai Global Service, added:

“We are glad to be able to officially prove the value of our solution with the cooperation of KR.

“Our carbon footprint monitoring system will meet the various industry demands regarding carbon emission management and it will be a very useful tool for exploring new business opportunities.”

 

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Source: Port Technology