United States, Sept. 14 -- US classification society American Bureau of Shipping has signed a five-year memorandum with three South Korean maritime organisations to develop international standards for smart ships, smart shipyards and advanced shipbuilding technologies, according to an official statement. The agreement with the Korea Marine Equipment Research Institute (KOMERI), the Korea Offshore & Shipbuilding Association (KOSHIPA) and the Research Institute of Medium & Small Shipbuilding (RIMS) was signed on 28 August at the Asti Hotel in Busan. The partners will identify areas for international standardisation, jointly review technical material and draft standards, and coordinate their work at international standardisation meetings. Init...