[KR Diversification Business Team] A Technical Seminar to Develop LCA Business

Model in Shipbuilding and Maritime Sectors

The Technical Diversification Business Team held a three-day technical seminar (Jan. 13–15, 2026)

in Glasgow, UK, visiting the University of Strathclyde and Songa Ship Management. The seminar

was organized as part of KR’s company-wide core strategy to secure a stable revenue base through

diversification of its business portfolio, including the development of product carbon footprint

verification solutions.

Participants included KR representatives (Chief Jun-Seop Yeo of the Diversification Business Team

and London Branch Manager Hyuk-In Lee), Korea Maritime & Ocean University, the University of

Strathclyde, and Songa Ship Management. Various presentations were delivered, with key LCA-related

topics including the following:

The seminar was held to define detailed implementation items for ongoing international joint research

related to a Ministry of Oceans and Fisheries planning study, to provide guidance to an overseas 

shipping company (Songa) on responding to environmental issues in the shipbuilding and shipping

sectors, and to promote KR’s GHG Scope 3 and shipbuilding LCA capabilities.

[KR Machinery Rule Development Team / Machinery Team] Presentation at Technical Seminar on Marine Biofuels

On January 20, the Machinery Rule Development Team and Machinery Team under KR’s Technical

Division attended the Technical Seminar on Marine Biofuels, hosted by HD Hyundai Heavy Industries’ 

Engine & Machinery Business Unit. At the seminar, KR shared regulatory and technical issues related

to the application of marine biofuels, as well as key industry concerns.

During the session, the teams presented classification-related considerations, including global trends

in biofuels for international shipping, NOx certification procedures, fuel quality, and key operational

considerations. They also listened to and discussed various practical challenges currently faced 

by the industry in applying biofuels, as well as future application prospects.

The seminar was attended by around 20 representatives from HD Hyundai Heavy Industries’ Engine & Machinery Business Unit, as well as stakeholders from major organizations, including HMM, facilitating 

in-depth and meaningful discussions.

Based on industry feedback presented at the seminar, the Machinery Rule Development Team and

the Machinery Team reviewed regulatory and technical issues related to biofuels and plan to

incorporate these insights into the development of class notations and technical support for the

application of alternative fuels in the future.