Ships Equipped with ‘KRISO Vortex Generator’ Benefit 23% Entry Fee Discount at the Port of Vancouver▶ K-VG has been registered as the ‘Bronze’ level of the EcoAction Program of the Port of Vancouver, Canada.▶ KRISO is taking the lead in the realization of marine carbon neutrality by developing technologies for reducing underwater radiated noise.□ The Korea Research Institute of Ships and Ocean Engineering (KRISO, President Key-Yong Hong) is accelerating technological development in pursuit of a sustainable ocean environment. □ KRISO announced on the 5th of this month that its Vortex Generator (K-VG), developed to reduce underwater radiated noise* from ships, has been registered as the ‘Bronze’ level of the EcoAction Program of the Port of Vancouver, Canada. *Underwater radiated noise: Noise generated from machines and propellers of ships and propagated underwater. □ The EcoAction Program gives incentives to maintain and protect the environment near the Port of Vancouver, Canada, and provides discounts on entry fees for ships with technologies that reduce environmental impact by, for example, reducing greenhouse gas emissions or lowering underwater radiated noise. □ As the K-VG is registered as the ‘Bronze’ level of the EcoAction Program, ships equipped with it will receive a 23% discount on entry fees at the Port of Vancouver from 2023. □ A vortex generator is a device that controls the flow of water around the hull to improve the propulsion efficiency of the ship and reduce the noise of the propeller. When the device developed by KRISO is applied, the underwater radiated noise from ships can be reduced by more than 3 dB, and the greenhouse gas emission can also be reduced through the improvement of the propulsion efficiency of ships. □ Han-Shin Seol, the Principal Researcher who developed the K-VG, said, “The development of the vortex generator was promoted to positively respond to the full-scale discussion of the International Maritime Organization (IMO) to regulate underwater radiated noise from ships.” Seol added, ”We will be able to play a leading role in related fields by using KRISO’s underwater radiated noise reduction technologies as well as the relevant R&D results.“ □ Recently, as maritime transportation and ship speed and size have increased, there has been an increase in underwater radiated noise from ships, which has been identified as one of the causes of marine ecosystem disturbance. To protect the marine environment, the IMO recommends reducing underwater radiated noise from ships by 3 dB compared to the current level within 10 years, while seeking technical and policy measures for the regulation of the noise. □ On the other hand, KRISO is developing technologies for self-monitoring and reducing underwater noise radiated by ships in collaboration with shipyards and marine transportation companies. Furthermore, by participating in the IMO’s Sub-Committee on Ship Design and Construction, KRISO is providing relevant technical responses. □ Key-Yong Hong, the President of KRISO, said, “We are very pleased to be able to prove the international competitiveness of our technology through the registration of the K-VG to the EcoAction Program of the Port of Vancouver, Canada. KRISO will continue to take the lead in R&D work to preemptively respond to changes in the international maritime environment.”

Principal Researcher Sa-Young Hong Wins ‘KRISO Scientist’Award for Contribution to Development of Maritime Engineering Technology. ▶ Taking the lead in technologies for very large floating offshore structures and the design and analysis of offshore plants▶ Inducted into KRISO Hall of Fame for his contributions to the advancement of KRISO □ The Korea Research Institute of Ships and Ocean Engineering (KRISO, President Key-Yong Hong) announced that Sa-Young Hong, the Principal Researcher at the Eco-friendly Ocean Development Research Division, won the ‘KRISO Scientist’ Award and was inducted to the KRISO Hall of Fame. □ The ‘KRISO Scientist’ Award is granted to those who have greatly contributed to the advancement of KRISO by improving the standing of KRISO and the science and technology community through excellent accomplishments. □ For about 38 years since he joined KRISO in 1985, Sa-Young Hong, Principal Researcher, has taken the lead in research for ship and offshore plant performance analysis and for the development of future offshore plant technologies to respond to environmental changes and promote sustainable maritime development. He won the Award because these contributions to KRISO were recognized. □ Hong has taken the lead in domestic and international studies, especially on model tests of ships and offshore structures in the Ocean Engineering Basin, the essential research facility of KRISO. In particular, he has played a leading role in Korea and other countries in the field of ‘very large floating offshore structure technology,’ which is a future-oriented technology for the eco-friendly development of maritime spaces. □ In addition, he has served as East Asian Representative Director of the Int. Society of Offshore & Polar Eng. (ISOPE) (2012 to 2016), President of the Korean Society of Ocean Engineers (2014 to 2015), and President of ISOPE (2018 to 2020), and is now actively working as a regular member of the National Academy of Engineering of Korea in pursuit of the development and internationalization of Korea’s maritime engineering technology. □ Receiving the ‘KRISO Scientist’ Award at the 2023 New Year’s kick-off Ceremony, Hong said, “It’s a great honor to win the ‘KRISO Scientist’ Award, and I would like to express my gratitude to my colleagues who have helped me to concentrate on my research area without distractions.“

Individuals from Industry-University-Institute network, gathering together to realize a carbon-neutral society in the ocean                      ▶ The International Symposium for the Realization of a Carbon Neural Society in the Ocean to be held in Busan on October 12 < Poster for the International Symposium for the Realization of a Carbon Neural Society in the Ocean >                                                     □ The Korea Research Institute of Ships and Ocean Engineering (KRISO led by President Booki Kim) announced that the "International Symposium for the Realization of a Carbon Neural Society in the Ocean" would be held at BEXCO in Busan on October 12. □ This symposium was organized by the Ministry of Oceans and Fisheries and hosted by the Embassy of Denmark in Korea as a venue where Korea's approach to realizing a carbon-neutral society in the ocean was introduced and discussed. This event will be attended by Sang-geun Song, Vice Minister of Oceans and Fisheries, Einar Jensen, Ambassador of Denmark to Korea, and other excellencies, as well as major domestic and international businesses, including Maersk and Ørsted, companies from Denmark, a leading player in offshore renewable energy, and Hyundai Heavy Industries, and Daewoo Shipbuilding & Marine Engineering. This will be an excellent venue for intensive and productive discussion for the realization of a carbon-neutral society in the ocean based on the Industry-University-Institute network. □ This symposium was held under the theme of the "realization of a carbon-neutral society in the ocean," with keynote speeches provided by Einar Jensen, Ambassador of Denmark to Korea, Jorg Weberndorfer, Minister Counsellor at EU Delegation to Korea, and Won-dong Cho, Advisor of Carbon Korea. More detailed discussion on offshore carbon neutrality then followed with three separate sessions in which individuals from the Industry-University-Institute network presented what they had learned and discussed major issues.□ In the first session under the title of "Our commitment to a carbon-neutral society in the ocean," KRISO and the Korea Institute of Energy Technology (KENTECH) made presentations on the current status of Korea's offshore carbon neutrality technology development. □ In the second session under the title of "A Danish example to contribute to carbon neutral society in the ocean," Danish companies, including Maersk, Ørsted, Cowi, and COP, presented their respective projects concerning offshore carbon neutrality and future plans as well. □ In the final session under the title of "Cooperation system between countries for coexistence build," Domestic shipbuilders, including Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, and Danish companies presented their major projects currently underway and technologies and shared ideas and insights to promote cooperation between the two countries.□ Meanwhile, KRISO has also been making a wide range of efforts to realize a carbon-neutral society in the ocean, including by establishing KRISO's 2050 technological strategy for offshore carbon neutrality, securing key technologies for carbon neutrality, laying the groundwork for their commercialization, and responding to the standardized IMO regulations. □ This symposium also provided a valuable opportunity to gain insights into best overseas practices and cases for offshore carbon neutrality while seeking strategies to promote state-to-state cooperation and provide support to private enterprises, thus spurring the realization of a carbon-neutral society in the ocean. □ Booki Kim, the President of KRISO, said, "This symposium will be a great venue for all of us from industry, academia, and research sector to put our heads together to find a way toward a carbon-neutral society in the ocean. I sincerely hope that this event will contribute to guiding Korea in its journey toward becoming a leading player in achieving offshore carbon neutrality while directing the international community toward the same goal."□ This symposium wasopen to anyone who wants to attend. Please sign up for it by contacting KRISO's Offshore Plant Industry Support Center at 055-639-2428/2401.

KRISO, developing ultra-large-scale floating offshore wind power platform for first time in Korea                     ▶ The 15-MW floating offshore wind power platform acquired an AIP from the Korean Register of Shipping                     ▶ A letter of intent for technical cooperation was signed on October 6, along with a visit paid to the prototype demonstration□ □ On October 6, the Korea Research Institute of Ships and Ocean Engineering (KRISO led by President Booki Kim) announced that its 15-MW floating offshore wind power platform had acquired approval in principle (AIP) from the Korean Register of Shipping.< Commemorative photo for AIP acquisition of Young-Seok Lee, Division Head of the KR (left), and Booki Kim, President of KRISO (right) >□ This AIP acquisition is of great significance in that the 15-MW floating offshore wind power platform developed for the first time in Korea in line with the transition toward larger scale and floating type in wind turbine development has been design-certified.     * AIP (Approval In Principle): Refers to the procedure in which the stability and technical conformity of the concept and basic design of developed technology are verified and officially certified□ A floating offshore wind power platform is composed of lower structures that support offshore wind turbines floating in waters, combined with a mooring system. A highly reliable platform is essential to power generation based on offshore wind power turbines. Global leaders in wind turbines have already developed and released large-scale wind turbine models with capacity of up to 15MW, but this was not the case for Korea until this achievement was made.< The 15-MW floating offshore wind power platform developed by KRISO >□ This 15-MW floating offshore wind power platform was developed by KRISO in cooperation with Front Energies (FE), an engineering company dedicated to offshore structures. The platform has already been verified for performance through a series of verification processes encompassing concept design, basic design, prototype testing, etc.□ The developed platform is capable of reliable power generation even in high wave conditions and is also relatively easy to implement because the entire construction process, from part manufacturing to transport, assembly, and installation, has been designed to suit the conditions of the domestic production environment. Notably, installing this platform does not require large-scale installation ships, thus possibly leading to a shortened installation period and reduced costs.□ Recently, global attention has been focused on the use of new and renewable energy sources as a means of overcoming the climate crisis. So far, wind power generation has been mainly based on fixed platforms, both onshore or offshore, recently, however, there has been a growing transition toward offshore wind power based on floating platforms. Floating offshore wind power generation is an effective approach to overcome spatial constraints and has the advantage that fisheries as a livelihood are less affected compared to when fixed offshore platforms are used. It is also possible to generate more power because stronger and more uniform wind conditions can be achieved. □ According to Carbon Trust, an eco-friendly certification institute in the UK, the global capacity of floating offshore wind power generation is expected to increase to 286 MW by 2023 and further to 70 GW by 2050. The application of floating offshore wind power generation is expected to go beyond European countries, including the UK and Scotland, to include Asian countries and others. Indeed, the construction of a GW-grade floating offshore wind power complex has recently been started in the US. On the domestic front as well, GW-grade floating offshore wind power complexes have been planned in Ulsan, Jeju, Sinan, etc. □ On October 5, the AIP granting ceremony was held at KRISO's Deep Ocean Engineering Research Center, followed by the signing of the letter of intent for technical cooperation with Hyundai Heavy Industries. On the occasion of the signing ceremony, the two parties agreed on close cooperation in the development and commercialization of 15-MW floating offshore wind power platform technology. < Commemorative photo for the signing of the letter of intent for technical cooperation of Hyun-ho Lee, Institute Head of HHI (left), and Booki Kim, President of KRISO (right) >□ Afterward, a prototype demonstration of 15-MW floating offshore wind power platform technology was held and attended by interested persons in the industry. Individuals from public institutions, including the Korea Energy Agency and the Korea Electric Safety Corporation, and domestic and international developers, including the Korea National Oil Corporation and Equinor, attended the demonstration, followed by a workshop in which recent trends on floating offshore wind power technology were introduced and shared.□ Going forward, KRISO plans on promoting the development of offshore green hydrogen technology based on floating offshore wind power generation by applying the developed 15-MW floating offshore wind power platform to the offshore green hydrogen production model currently under development. □ Kyong Hwan Kim, a principal researcher who led the project, said, "We have been proactively working to develop an ultra-large-scale floating offshore wind power platform with a capacity of up to 15 MW as part of our effort to achieve floating offshore wind power technology and thus carbon neutrality. It is a great pleasure that the developed platform has acquired an AIP from the Korean Register of Shipping."< Prototype test of the 15-MW floating offshore wind power platform conducted at the workshop >< Group photo of the participants at the workshop >□ Booki Kim, the President of KRISO, said, "As a government-funded research institution, KRISO will be relentlessly committed to actively engaging in R&D activities and securing key original technologies while providing full support to private enterprises, thereby making floating offshore wind power based on Made-in-Korea technology the country's core energy source for the future."

KRISO, holding ceremony for naming of country's first LNG bunkering vessel                                                           ▶Developed 500-㎥ LNG bunkering vessel for coastal ships                                                           ▶ Expected to lay groundwork for promotion of LNG-propulsion vessels□ The Korea Research Institute of Ships and Ocean Engineering (KRISO led by President Booki Kim) announced that the ceremony for the naming of the 500-㎥ LNG bunkering vessel as “K LNG Dream,”a type of vessel developed for the first time in Korea, had been held at EK Heavy Industries Co., Ltd. in Goseong, Gyeongsangnam-do on October 27.□ This ceremony was attended by interested individuals from agencies and institutions, including the Ministry of Oceans and Fisheries, KRISO, the Korea Institute of Marine Science & Technology Promotion, the Korean Register of Shipping, and EK Heavy Industries. A ribbon was cut by Jae-ok Noh, Head of the Ocean Development Department of the Ministry of Oceans and Fisheries, to name the vessel “K LNG Dream.” □ The “K LNG Dream” is a bunkering vessel capable of directly supplying LNG fuel to ships floating on the ocean. This technology has recently attracted significant attention as a core infrastructure asset to promote the use of LNG-propulsion vessels, increasingly necessary to respond to the IMO's regulation on emissions from ships.□ According to Research and Markets, a global market research company, globally, a total of 20-plus LNG-propulsion vessels are in operation, and orders for another 400 have been made, indicating the LNG-propulsion vessel industry is rapidly growing. On the overseas front, a total of 32 LNG bunkering vessels are currently in operation. The market size is expected to increase to approximately 9 trillion won (7.5 billion dollars) by 2027.□ Looking ahead, KRISO, with the help of support from the Ministry of Oceans and Fisheries and the Korea Institute of Marine Science & Technology Promotion, has for the past five years been executing a project for the development of LNG bunkering systems designed for coaster ships. This endeavor is of even greater significance in that the entire development process, from design to shipbuilding, equipment and materials provision, commissioning, and inspection, has been implemented exclusively based on Made-in-Korea technologies in cooperation with six domestic research institutes*.  * Trans Gas Solution, POSCO, Valmax, EK Heavy industries, Seoul Line, and Mytec□ Once registered to the Korean Register of Shipping, the “K LNG Dream” vessel will be widely used as a core infrastructure asset for the bunkering of many domestic LNG-propulsion vessels to be operated in coastal waters going forward.□ In her congratulatory address, Jae-ok Noh, Head of the Ocean Development Department, said, “We are dedicated to establishing the institutional foundation on which the country's LNG bunkering industry can be solidified.”□ Booki Kim, the President of KRISO, said, “The ‘K LNG Dream' vessel is of great significance in that it has been developed exclusively based on Made-in-Korea technologies. We will continue to contribute to promoting the domestication of the relevant technologies and the use of domestic LNG-propulsion vessels going forward.” 

KRISO to Build Sea Trial Testbed for Eco-friendly Alternative Fuel▶ Obtaining track record for eco-friendly fuel propulsion systems from testing and demonstrations before the construction of the vessel▶ Ushering in the spread and commercialization of eco-friendly shiip technologies□ Korea Research Institue of Ships & Offshore Engineering (President Booki Kim, hereinafter KRISO) has begun constructing Korea’s first sea trial testbed (K-GTB) for testing and demonstrating various eco-friendly fuel propulsion systems for ships.□ The steel-cutting ceremony for KRISO’s 2,600 ton class (length 82.6m, width 18m) sea trial testbed was held at Hankookmade in Mokpo, Jeollanam-do Province.□ The vessel being constructed in this project is a 1MW grade eco-friendly alternative fuel sea trial testbed (K-GTB), to be used in safety and performance evaluations of various eco-friendly fuel propulsion systems such as hydrogen fuel cells, dual fuel engines, and secondary cell systems. □ Previously, ships had to be built for each type of fuel propulsion system in the process of developing new eco-friendly fuel propulsion systems, which was both costly and time-consuming. With this sea trial test bed, eco-friendly technologies developed in the future can be tested and demonstrated to produce track records needed to build the ships individually.□ KRISO has been developing the sea trial testbed with support from the Ministry of Oceans and Fisheries and the Korea Institute of Marine Science & Technology Promotion (KIMST) as the research institute in charge of the eco-friendly mixed fuel ship technology development and demonstration project in cooperation with several private enterprises* as well as Jeonnam Province and the City of Mokpo since 2021. The construction of this vessel will be performed by Hankookmade, with the Korean Register of Shipping inspecting the entire process from design to construction and test operation.   * Participating enterprises: KTE, SAN Engineering, Far east Ship Design & Engineering, ㈜LEEYOUNG SND□ Upon completion, the 1MW grade eco-friendly alternative fuel sea trial testbed will be put through test operation and optimization in 2024, to be sent into actual demonstrations and performance evaluations in 2025. The success of this R&D project will help accelerate the introduction of eco-friendly technologies to the shipbuilding and shipping sectors.□ KRISO President Booki Kim commented, “The first sea trial testbed constructed in Korea is expected to play a major role in the successful commercialization eco-friendly ship technology. [...] We will do our best to expand the reach of Korean eco-friendly ships.” 

KRISO’s Liquid Hydrogen Fuel Tank for Ships Wins Grand Prize at H2 Innovation Awards□ Korea Research Institue of Ships & Offshore Engineering (President Booki Kim, hereinafter KRISO) announced on September 5th that it won the Grand Prize at the H2 Innovation Awards, H2 MEET 2022 held on the 31st.□ H2 MEET is a global hydrogen industry exhibition that provides an overview of the worldwide hydrogen industry and technology trends in its 3rd year. It was held in KINTEX, Ilsan, Gyeonggi-do Province from August 31st to September 3rd. □ A total of 241 companies (65 non-Korean) from 17 countries participated, with the opening ceremony attended by prominent figures such as Prime Minister Han Duck-soo.□  At the H2 Innovation Awards, held on the first day of H2 MEET 2022, the KRISO-developed liquid hydrogen fuel tank for ships received the Grand Prize in recognition of its innovation and advancement in the field of hydrogen storage and transportation.□ KRISO’s booth was also selected by international media as the Best of H2 MEET 2022.□ The liquid hydrogen fuel tank for ships stores hydrogen, an eco-friendly energy source, in an extreme low temperature environment (-253℃) to increase storage capacity dramatically compared to the existing gas hydrogen method. Three new designs developed by KRISO (Head Researcher Kim Hyun-seok) have been applied to achieve equivalent or better insulation performance compared to fuel tanks of similar capacities developed in leading nations. It is hoped that this technology will help Korea achieve leadership in the future market for hydrogen ships and marine carbon neutrality.□ At the award ceremony, KRISO President Booki Kim commented, “We would like to thank Hylium Industries Inc., Korea Shipbuilding & Offshore Engineering, and POSCO, our partners in the development of the liquid hydrogen fuel tanks for ships. [...] We will continue our efforts as a government-funded research institute to enhance the competitiveness of the industry by developing and spreading eco-friendly technologies.”□ Meanwhile, KRISO, Korea’s only government-funded research institute in the field of ship and offshore plants, has turned its focus to eco-friendly technologies to achieve carbon neutrality and overcome the climate crisis. KRISO continues to advance technological R&D initiatives in the field, examples of which include an electricity-propelled car ferry with mobile and replaceable batteries used for transportation between islands, and marine green hydrogen produced using marine energy such as floating offshore wind power.

KRISO Supports Rebound of Small and Medium Shipbuilders With Eco-friendly Technology▶ Launching ceremony held in Busan on 30th for the 'Eco-friendly Small and Medium-Sized Ships Technology Capacity Building Project'▶ Paradigm shift to eco-friendly technology opportunity for rebound of small and medium shipbuilders□ Korea Research Institue of Ships & Offshore Engineering (President Booki Kim, hereinafter KRISO) announced plans to redouble support for eco-friendly ship technology development to drive a rebound in the domestic small and medium-sized shipbuilding industry. □ KRISO announced that it held the launching ceremony for the Eco-friendly Small and Medium-Sized Ships Technology Capacity Building Project and MOU Ceremony for Cooperation Between Large and Medium Shipbuilders on the 30th at the Signiel Hotel in Busan.□ A total of 100 officials from industry, academia, research, and government agencies including KRISO, the Ministry of Trade, Industry and Energy, Busan Metropolitan City, Korea Institute for Advancement of Technology, three large shipbuilders, four medium-sized shipbuilders, the Korea Offshore and Shipbuilding Association, and the Busan Marine Engineering Industry Association attended the launch ceremony, hoping to build a system of close cooperation to maximize the potential of the project.□ The Eco-friendly Small and Medium-Sized Ships Technology Capacity Building Project is a project implemented under the South Korean Ministry of Trade, Industry and Energy that aims to advance core technologies and achieve sustainable growth to turn the global paradigm shift towards eco-friendly technologies into opportunity for small and medium shipbuilders.□ A new Eco-Friendly Ship Design Technology Project Team (hereinafter, Project Team) was launched in KRISO for this project, which will implement the project over a four year period from this year to 2025.□ Earlier, KRISO conducted the Mid-sized Ship Design Competitiveness Building Project from 2018, through its Mid-size Initial Ship Design Unit. The project yielded great outcomes, contributing to 18 successful shipbuilding orders (total sum 442 Bil. KRW) won over four years. □ Building on these outstanding achievements, the Eco-Friendly Ship Design Technology Project Team was created to expand core eco-friendly technologies forming a new technology paradigm to the small and medium-sized shipbuilding sector.□ In the future, the Project Team will provide customized design engineering services by forming consortiums with small and medium-sized shipbuilders as well as develop advanced standard hull models in future eco-friendly small and medium-sized ships and public vessels for the small and medium shipbuilding industry. The project group has formed 10 consortiums with nine small and medium-sized shipbuilders this year as part of the project.□ Meanwhile, a MOU Ceremony for Cooperation Between Large and Medium Shipbuilders was also held alongside the launching ceremony that day. Large shipbuilders such as Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries joined mid-sized shipbuilders such as Dae Sun Shipbuilding & Engineering, DH Shipbuilding, K Shipbuilding, and HJ Shipbuilding & Construction, research institutes, and the Korea Offshore and Shipbuilding Association at the event, seeking continued growth and stabilization of the small and medium shipbuilding industry by building the technological capacities of small and medium shipbuilders and cooperation with large shipbuilders.□ Cooperation will be promoted through the transfer or sharing of eco-friendly core technologies (patents) and products by large shipbuilders to medium-sized shipbuilders. □ The KRISO Eco-Friendly Ship Design Project Team will focus on continued growth and technological advancement in the small and medium shipbuilding industry by providing design and engineering technology and support for sales and production, expanding its scope from small to mid-sized shipbuilders and design and engineering companies to parts manufacturers, in order to achieve early dominance in the market for eco-friendly ships and old ship replacement.□ KRISO President Booki Kim said, “The project team will play a growing role in generating a global small shipbuilding industry and accelerating the development of eco-friendly ships by taking initiative in responding to the market for new construction and replacement of small and medium-sized ships through the Eco-friendly Small and Medium-Sized Ships Technology Capacity Building Project.”

KRISO, laying out the future of shipbuilding and marine industries with Hyundai Heavy Industries▶ Leading the way in the development of new technology to comply with regulations on underwater radiated noise from ships ▶ Pushing forward the commercialization of new technology to lead the global market and respond to international regulations while discussing cooperation strategies□ With the recent paradigm shift in the international maritime environment, characterized by decarbonization and digital transformation, the Korea Research Institute of Ships and Ocean Engineering (KRISO) is pushing forward cooperation with the private sector to increase the technological competitiveness of the country's shipbuilding and marine industry.□ On August 18, KRISO (led by President Booki Kim) announced that the "3rd KRISO-Hyundai Heavy Industries Group Technology Cooperation Meeting" had been jointly held with the Advanced Research Center (led by Sung-jun Kim) of the Korea Shipbuilding & Offshore Engineering (KSOE) at KRISO's main building (Daejeon).□ The technology cooperation meeting was attended by Booki Kim, President of KRISO, Sung-jun Kim, Head of KSOE's Advanced Research Center, and 20-plus executives from both institutes dedicated to each technology sector.□ The KRISO-Hyundai Heavy Industries Group Technology Cooperation Meeting was first organized in 2019 as a venue where both institutions can share their technologies and innovative research achievements to create synergy and achieve shared goals. The second meeting was held in 2020, followed by the third one this year.  □ In the third meeting this year, the results of research on the development of technology for reducing underwater radiated noise from ships, which had been jointly conducted since the first meeting, were shared.□ KRISO's underwater radiated noise* reduction technology for ships was tested on Hyundai Heavy Industries Group's ships and, as a result, was verified for its ability to reduce underwater radiated noise from ships. In recognition of its performance, the technology was selected as a vessel quieting technology by Canada's EcoAction Program. Furthermore, with the technical support of KRISO regarding underwater radiated noise reduction, Hyundai Heavy Industries Group's ships received quiet ship notations from Norway's DNV and the UK's Lloyd's Register (LR), respectively. Notably, ONEX PEACE, a tanker built by Hyundai Samho Heavy Industries, has become the world's first large-scale merchant ship to receive DNV's SILENT-E notation.* Underwater radiated noise refers to noise that is generated by machines and propulsion systems installed on ships and then radiated underwater. As the size and speed of ships increase, this noise is increasingly disturbing the aquatic ecosystem, causing damage to underwater mammals such as whales.□ The underwater radiated noise reduction technology for ships, developed based on cooperation between the two institutions, is expected to be widely used as an effective tool to respond to further regulations for marine environment protection to be imposed by the International Maritime Organization (IMO) going forward at the national level.□ Meanwhile, the two institutions have also decided to further expand cooperation to lead the paradigm shift in the shipbuilding and marine industry and increase the country's competitiveness in the global market by focusing more on base technology development based on eco-friendly, digital technologies and large-scale research infrastructure, as follows: △ Autonomous ships △ Low-vibration, low-noise, and high-performance ships △ Propellers made of composite materials △ Propulsion systems using alternative fuels △ Electrical propulsion systems △ Ice model basin facility for performance evaluation.□ In addition, the two institutions agreed to identify new cooperation areas to take the lead in the future market and increase the stature of the country's shipbuilding and marine industry on the global stage based on close cooperation, as follows: △ Shipbuilding, marine, and nuclear power (small modular reactor, SMR) △ Novel energy saving devices (EDS) △ Offshore hydrogen supply chain △ Offshore carbon capture storage (CCS) △ Offshore launch pads. □ Booki Kim, the President of KRISO, said, "The shipbuilding and marine industry is one of the most important growth engines for the country's economy. Our institution will be tirelessly committed to developing core, original technology while enhancing our capacity to provide substantial support to the industry." □ Sung-jun Kim, the Head of KSOE's Advanced Research Center, said, "We will continue to cooperate with KRISO to lead the global shipbuilding and marine industry for years to come and take the country's technological competitiveness to the next level."□ KRISO plans to continue cooperation with Hyundai Heavy Industries Group and other corporations to keep up with the government's vision of private sector-driven economic growth.