On July 24th, KR signed a Memorandum of Understanding (MoU) agreement with Hyundai Mipo Dockyard (HMD) for the joint development of a commissioning service operation vessel (CSOV). The signing ceremonytook place at HD Hyundai's Global R&D Center in Korea. 

CSOVs play a pivotal role in the operation and maintenance of offshore wind power structures. As the global trend toward renewable energy expansion gains momentum, the offshore wind power market is set for growth. This trend resonates in Korea, where ambitious large-scale offshore wind power projects are being championed in Ulsan, Donghae, and Jeju. 

To proactively respond to this demand, the two companies have agreed to join forces to develop their own CSOV design while promoting cooperation to localize offshore wind farm operation technology.

A key technological element of CSOVs is the ability to maintain the stable underwater position of a vessel, taking into account the surrounding maritime environment. To achieve this, a dynamic positioning system leveraging propellers and rudders is employed. This enables the vessel to withstand external forces—like wind, waves, and water flow—ensuring stability during offshore work.

Considering the unique maritime environment of these domestic and foreign wind farms, HMD will develop an optimal linear design to ensure the dynamic positioning performance, and at the same time apply a hybrid electric propulsion system to the design. In addition, HMD will ensure market competitiveness by systematizing various equipment such as cranes and gangways capable of motion control to enable stable work performance.

KR plans to review domestic and international regulations for this CSOV design and verify its stability and suitability. Once this technology development is completed, it is expected to be able to operate and maintain domestic offshore wind farms in Korea.

The process of localizing this CSOV technology is ongoing, and KR remains steadfast in its commitment to offering unwavering technical support. This collaboration with domestic shipyards, who have world-class shipbuilding prowess, emphasizes KR's dedication to furthering technological localization efforts.