Expansion of Eco-Friendly Marine MRO Business
Business Agreement Signed with Jeju National University
Establishing a Localized Maintenance Support Network

Hanwha Ocean is expanding its ship and marine operation, maintenance, and repair (MRO) cluster capabilities, which have been centered around the Gyeongnam region, to Jeju. With the advanced MRO technology and co-prosperity model established in Gyeongnam as its hub, the company plans to deliver seamless, customized on-site support for the future marine industry, including eco-friendly vessels and offshore wind power, directly at locations where such demand exists.



Hanwha Ocean is actively supporting regional co-prosperity by carrying out preliminary repair work at a medium-sized shipyard in the Geoje area for the US Navy’s USS Yukon MRO project. Hanwha Ocean

Hanwha Ocean is actively supporting regional co-prosperity by carrying out preliminary repair work at a medium-sized shipyard in the Geoje area for the US Navy’s USS Yukon MRO project. Hanwha Ocean


View original image

According to industry sources on August 22, Hanwha Ocean signed a “business agreement for the development of technology and joint research in the field of eco-friendly marine MRO” with Jeju National University on August 14.

This agreement is significant because it represents Hanwha Ocean expanding the “MRO cluster” capabilities, honed together with partner companies in the Geoje plant and Gyeongnam region, to provide site support for eco-friendly marine operations in Jeju. Hanwha Ocean and Jeju National University will identify research projects related to marine MRO based on their respective infrastructures and expertise, and they have agreed to strengthen technical exchanges, foster the marine MRO industry, and improve regional competitiveness.

The two organizations anticipate an explosive increase in demand for advanced, eco-friendly maintenance technologies for vessels and offshore wind power. They plan to establish an industry-academia research and development system that can be immediately applied at MRO sites. They have set a goal to create a Jeju-type marine MRO ecosystem that involves public, private, and academic participants by expanding cooperation to include local governments, research institutions, and regional companies.

In addition, Jeju is the site of the navy’s first regional MRO privatization pilot project. The Republic of Korea Navy is preparing a pilot project for maintenance and overhaul of naval vessels belonging to the Jeju Mobile Fleet Command, as well as for KDX-II class destroyers. This agreement with Hanwha Ocean is expected to create additional synergy for the pilot project. In recent years, there has been growing demand—for both civilian and military ships—for on-site maintenance that swiftly completes repairs near their operating regions and reduces the burden of keeping eco-friendly ships and naval vessels docked at shipyards for extended periods.

Hanwha Ocean is considering the introduction of a cutting-edge support system that will enable real-time sharing and remote collaboration between the core eco-friendly maintenance and smart technology data at the Geoje plant and its Jeju-based local hub.

Hot Picks Today

"Could the Global AI Boom Trigger a 'Gas Crisis'? Expert Warns of Depletion by 2030 [Tech Talk]"
“Could the Global AI Boom Trigger a ‘Gas Crisis’? Expert Warns of Depletion by 2030 [Tech Talk]”

Daeshik Kim, Executive Director for Special Ships MRO Business at Hanwha Ocean, stated, “Hanwha Ocean has fostered the world’s highest level of MRO cluster capabilities, having been the first and most frequent to carry out MRO for U.S. Navy vessels in close partnership with the Gyeongnam region,” adding, “Building on this successful co-prosperity model, we will move forward to create a future-ready MRO ecosystem wherever there is eco-friendly marine infrastructure or naval vessels, starting with Jeju.”

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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.