Managing Onboard Carbon Emissions with AI... Pan Ocean Partners with HD Hyundai Heavy Industries

Accident Prevention and Response with AI Solutions
Partnership with HD Marine Solution... Improved Navigation Efficiency through AI

Pan Ocean has decided to introduce marine artificial intelligence (AI) solutions to its liquefied natural gas (LNG) carriers to manage onboard safety and carbon emissions.

On the 27th, Pan Ocean announced that it had jointly signed a 'Business Agreement for Applying AI Solutions for Onboard Safety Management and Carbon Emission Reduction' with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Marine Solutions.

First, Pan Ocean plans to apply the 'AI Onboard Safety Management Package Solution' developed by HD Korea Shipbuilding & Offshore Engineering to a 174,000㎥ class LNG carrier to verify its effectiveness. This solution consists of 'HiCBM,' which enhances predictive maintenance functions for key onboard equipment through real-time AI data analysis to prevent accidents, and 'HiCAMS,' which performs real-time AI analysis of onboard CCTV. The vessel involved in this demonstration is currently under construction at HD Hyundai Heavy Industries and is scheduled to be delivered to Pan Ocean around December.

Additionally, for carbon emission management, Pan Ocean will apply HD Hyundai Marine Solutions' 'OceanWise.' OceanWise is a solution that measures and predicts carbon emissions using only the vessel's location information through accumulated big data and AI algorithms, and derives the optimal navigation route to minimize fuel consumption. This is expected to improve vessel operational efficiency and reduce operating expenses (OPEX).

Jung-ho Ahn, CEO of Pan Ocean, expressed his aspiration, saying, "We will do our best in our role to ensure that Korea's marine industry secures global competitiveness in the fourth industrial revolution field utilizing artificial intelligence (AI) technology and leads the market as a global standard."

Ahn Jung-ho, CEO of Pan Ocean (center), signed a business agreement on the 27th at the HD Hyundai Global R&D Center in Seongnam-si, Gyeonggi-do, with HD Hyundai Heavy Industries, HD Hyundai Marine Solutions, Pan Ocean, POS SM, and the American Bureau of Shipping (ABS) for the application of AI solutions to onboard safety management and carbon emission reduction. He is taking a commemorative photo with Lee Ki-dong, CEO of HD Hyundai Marine Solutions (second from left), Kim Sung-jun, CEO of HD Hyundai Heavy Industries (fourth from left), and other officials. (Photo by Pan Ocean)