Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a partnership with the American Bureau of Shipping to jointly develop advanced offshore technologies. Under the agreement, signed during Gastech 2024, an international energy exhibition, in Houston, Texas, last week, the collaboration between Hanwha Ocean and ABS will focus on three key areas -- sustainability, digitalization and artificial intelligence (AI) -- and operational technology for enhanced cybersecurity, according to Hanwha Ocean. These efforts aim to drive innovation in green energy solutions, improve energy efficiency and accelerate the transition to cleaner offshore operations through the development of technologies, such as carbon capture, offshore wind integration, and the electrification and automation of offshore systems, it added. Hanwha Ocean said it will offer safe, sustainable and cost-effective solutions for clients looking to develop low-cost, low-carbon oil fields. Source: Yonhap News Agency
Recent Posts
Taiwan’s Export Orders Reach Record High in July Amid AI Demand
August 20, 2026
Taiwan’s July Export Orders Reach New Heights Amid AI Demand
August 20, 2026
Uganda Returns Withheld Passports to Taiwanese Nationals
August 20, 2026
Uganda Returns Passports Withheld from Taiwanese Nationals
August 20, 2026
CEC Announces Comprehensive Nov. 28 Local Elections in Taiwan
August 20, 2026