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South Korean shipping industry joins forces to create a new generation of ocean mobile "Global Innovation Zone"

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With Busan being selected by the South Korean Ministry of Small and Medium Risk Enterprises as one of the 10 "Global Innovation Zones" planned by the South Korean government before 2027, Ocean University of Korea, together with Busan City and the Korean Classification Society (KR), will jointly build a full cycle support system for South Korea's "next-generation ocean mobility" to enter the world.


The South Korean government's "Global Innovation Zone" construction plan is the first time the country has implemented a negative regulatory system, and also further upgrades the assistance business of the Small and Medium Risk Enterprises Department in the existing regulatory free zone. This means that in addition to projects explicitly prohibited and restricted by laws or policies, enterprises are allowed to develop all new technologies that can be empirically tested in the "Global Innovation Zone". This plan aims to support Korean startups by providing an environment conducive to the development of new products in advanced technology fields. In addition, the Global Innovation Zone will also implement regulations, empirical evidence, certification, licensing, insurance and other systems that meet global standards for entering overseas.


Busan City has been selected as the "Global Innovation Zone" for the new generation of ocean mobility, and has been praised by the South Korean industry as the most cutting-edge technology, services, and means of movement needed to promote decarbonization and digitization of the marine industry, and achieve safe and effective cargo transportation. It is specifically divided into the fields of environmentally friendly carbon neutral ships, digital autonomous navigation ships, and cutting-edge innovative ship management.


To this end, Busan City will promote the comprehensive implementation of negative control systems, provide support for empirical and certification beyond national borders and space, and provide support for entering the global market and achieving large-scale support. At the same time, it will build a one-stop support system for infrastructure construction, empirical, certification, and commercialization.


South Korean Ocean University will also contribute to this. In September last year, the school signed a Memorandum of Intent (MOU) with enterprises and institutions such as Busan City, Korean Classification Society, HD Korea Shipbuilding Marine, HMM, Busan Science Park, aimed at building a new generation of marine mobile "Global Innovation Zone". At the same time, he has been leading the planning of the project. Ocean University of Korea stated that it will work together with relevant parties to contribute to Busan's future development as a center for the shipbuilding industry.


Kim Jong soo, Director of the Environmental Protection Ship Technology Demonstration Center at Ocean University of South Korea, said, "With Busan City being selected as the new generation of global innovation zone for ocean mobility, there are gaps in regulations related to new technologies (lack of safety and environmental standards) and dualization (individual verification of performance and safety)." Wait for the difficulties to be eliminated. It can be expected that innovative technologies from shipbuilding and supporting enterprises that were previously difficult to achieve commercialization due to institutional issues will ensure their competitiveness in entering the global market


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