Mokpo City Lays Foundation for Eco-Friendly Ship Industry Development

Jeonnam Province, Korea Electrotechnology Research Institute, and Korea Research Institute of Ships and Ocean Engineering Sign Business Agreement

[Asia Economy Honam Reporting Headquarters Reporter Jeong Seunghyun] Mokpo City, Jeollanam-do announced on the 29th that it is accelerating efforts with related organizations to develop eco-friendly ship electric propulsion technology.

The city signed a Memorandum of Understanding (MOU) for the development of eco-friendly ship electric propulsion technology together with Jeollanam-do, Korea Electrotechnology Research Institute, and Korea Research Institute of Ships and Ocean Engineering.

The signing ceremony was attended by Kim Jongsik, Mayor of Mokpo, Park Changhwan, Deputy Governor for Political Affairs of Jeollanam-do, Myung Seongho, President of Korea Electrotechnology Research Institute, and Kim Bugi, Director of Korea Research Institute of Ships and Ocean Engineering, who agreed to actively cooperate in fostering the eco-friendly ship industry being promoted in Mokpo.

This agreement was prepared to strengthen the cohesion of fostering the eco-friendly ship industry by establishing an organic cooperative system between the nation's top electric and ship-related national research institutes and local governments.

According to the agreement, each organization will cooperate in ▲ jointly building and utilizing infrastructure for eco-friendly electric propulsion technology ▲ jointly establishing a mid- to long-term roadmap for eco-friendly electric propulsion technology ▲ jointly developing and commercializing core technologies needed by the industry (shipbuilding, shipping, equipment) ▲ jointly participating in and responding to global projects for reducing greenhouse gases in shipping ▲ jointly participating in national R&D and mutually supporting technology.

A city official stated, “With this agreement, the ‘Eco-friendly Ship Cluster’ being established in Namhang is expected to become more substantial and advanced,” and added, “We will steadily promote the fostering of the eco-friendly ship industry so that it can become a new strong pillar of Mokpo’s industry and a future growth engine.”

Meanwhile, Mokpo City is rapidly advancing projects to foster the eco-friendly ship industry as a core future growth engine, such as the development of electric propulsion car ferries and mobile power supply systems (45 billion KRW), and the development and demonstration of eco-friendly ship mixed fuel technology (41.5 billion KRW).

Through this, the plan is to elevate Namhang into a global hub for eco-friendly ships, attracting companies and creating quality jobs.

This content was produced with the assistance of AI translation services.