Daewoo Shipbuilding & Marine Engineering Co. (DSME) plans to set up a global research and development alliance to develop state-of-the-art shipbuilding technologies to sharpen its competitive edge in the construction of eco-friendly ships and smart ships.
DSME will establish the R&D alliance with five ship quality assurance and risk management companies, four universities, and five research institutes.
The R&D consultative group will jointly develop technologies in the shipping industry's environmental regulations, including those of autonomous ships, and core technologies in fluid mechanics.
The four universities are South Korea's Seoul National University, the Massachusetts Institute of Technology and the University of Michigan of the US, and the University of Strathclyde of the UK.
The five-ship quality assurance and risk management companies are South Korea's Korean Register of Shipping, American Bureau of Shipping, Lloyd's Register of Shipping of Britain, Bureau Veritas of France, and Norway's Det Norske Veritas.
The five research institutes in DSME's list are South Korea's KRISO, Italy's CNR, Norway's SINTEF Ocean, Sweden's SSPA, and Germany's HSVA.


Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea
Super Micro Employees Detained in Taiwan AI Server Export Investigation
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 



