ABS and HD Hyundai Heavy Industries target SMRs, offshore spaceports and CCS in new MoU
United States, May 15 -- ABS and HD Hyundai Heavy Industries Co Ltd have signed a memorandum of understanding covering maritime and offshore technology development, including small modular reactors, offshore spaceport infrastructure and carbon capture and storage value-chain solutions, according to ABS. The agreement also includes offshore wind, offshore substations and digital technologies intended to support sustainable operations, as the two organisations widen cooperation across offshore energy and marine technology. Matthew Tremblay, ABS senior vice president, global offshore, said the MoU reflected a shared focus on "practical, forward-looking solutions" for the industry. Kwangsik Won, senior executive vice president of HD Hyundai Hea...
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