Yeosu Gwangyang Port Authority Signs Digital Transformation Business Agreement

by Heo Seonsik

Published 13 Jun.2023 14:38(KST)

Updated 15 Aug.2025 14:19(KST)

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Agreement for Digital Transformation of Ships, Ports, and Logistics

Yeosu Gwangyang Port Authority (President Park Seong-hyun, YGPA) announced on the 13th that it has signed a business agreement with the Korea Research Institute of Ships and Ocean Engineering, KCNet, and Argo Marine Total for the digital transformation of ships, ports, and logistics.

Under this business agreement, YGPA will cooperate to develop and commercialize new technologies for ships, ports, and logistics, as well as to discover new related businesses, revitalize the industry, and strengthen competitiveness.

At the "Business Agreement Ceremony for Strengthening Industrial Competitiveness through Digital Transformation of Ships, Ports, and Logistics" held by Yeosu Gwangyang Port Authority, Lee Gwon-ik, CEO of Argo Marine Total, Seo Yong-seok, Director of the Small and Medium Shipbuilding Research Institute, Park Sung-hyun, President of Yeosu Gwangyang Port Authority, and Lee Hae-jin, CEO of KCNet (from left to right in the photo) are posing for a commemorative photo.
Photo by Yeosu Gwangyang Port Authority

Digital transformation refers to innovating existing operational methods by utilizing information and communication technologies such as the Internet of Things, artificial intelligence, and cloud computing, which means creating smart ports in the ship, port, and logistics industries and establishing digital logistics platforms.

President Park Seong-hyun said, “Starting with the construction of smart ports, the digital transformation of the ship, port, and logistics industries is rapidly progressing. We are pleased to sign a business agreement with the Korea Research Institute of Ships and Ocean Engineering, KCNet, and Argo Marine Total, who are leading the digital transformation,” and added, “We will actively strive to use this as an opportunity to further accelerate the digital transformation of Yeosu Gwangyang Port and ensure the successful promotion of various projects.”