The American Bureau of Shipping (ABS) and Hanwha Ocean have signed a multi-year agreement to collaborate on cutting-edge technology projects.
At Gastech 2024, ABS, the Houston-headquartered classification society, has announced its partnership with South Korean shipbuilder, Hanwha Ocean, on a range projects including ‘green retrofit products and services such as carbon capture, wind assistance, electrification and energy efficiency measures’.
Miguel Hernandez, ABS Senior Vice President, Global Offshore, said: ‘This is an exciting milestone for offshore innovation. This agreement with Hanwha Ocean will allow both organisations to take advantage of our collective resources and extensive experience to accelerate the development of clean energy solutions, unique to offshore applications.’
Philippe Levy, President, Offshore Business, Hanwha Ocean, commented: ‘As part of the same team, ABS and Hanwha Ocean have resources and expertise to accelerate innovation and embed our technology developments within execution and operations. This agreement will structure our ambition to propose safe, sustainable, and affordable energy for opportunities ahead, especially for strategic clients developing world-class reservoirs with low break-evens and low carbon intensity.’
The agreement follows ABS’ Memorandum of Understanding (MoU) signed with HD KSOE, another South Korean shipbuilding firm, last week for the development of zero-carbon ships.
Source: Hanwha Ocean / ABS