HD Korea Shipbuilding & Offshore Engineering Leads the Zero-Carbon Era with 'SMR-Powered Ship'

- Received Approval in Principle (AIP) from the American Bureau of Shipping (ABS) for nuclear-powered container ship

- Unveiled model at U.S. New Nuclear for Maritime Summit - showcasing economic efficiency, performance, and safety

- "Developing a business model by 2030 to accelerate the commercialization of marine nuclear technology"

SEOUL, South Korea, Feb. 13, 2025 /PRNewswire/ -- HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediary holding company for HD Hyundai's shipbuilding sector, has unveiled a nuclear-powered container ship model utilizing Small Modular Reactor (SMR) technology, accelerating the development of nuclear-powered vessels.

On the 12th(Wednesday), HD KSOE announced that it had revealed its nuclear-powered container ship design model for the first time at the New Nuclear for Maritime Houston Summit, held at the Asia Society Texas Center in Houston, USA.

Previously, HD KSOE had obtained Approval in Principle (AIP) from the American Bureau of Shipping (ABS) for a 15,000 TEU-class container ship design model applying SMR technology.

The newly unveiled design model features enhanced economic efficiency and safety by incorporating actual equipment and safety design concepts.

Unlike conventional ships, nuclear-powered vessels do not require engine exhaust systems or fuel tanks. HD KSOE has optimized the space previously occupied by large engine room equipment to accommodate additional containers, enhancing economic efficiency. The company has also applied a marine radiation shielding system using a double-tank method with stainless steel and *light water to ensure safety.

Furthermore, HD KSOE, in collaboration with global energy technology company Baker Hughes, has applied a *supercritical carbon dioxide-based propulsion system, improving thermal efficiency by approximately 5% compared to existing steam-based propulsion systems.

HD KSOE plans to establish a marine nuclear demonstration facility at its Future Technology Test Center in Yongin, Gyeonggi Province, to verify safety designs.

"Nuclear-powered vessels can be a game-changer in the current shipbuilding market, where carbon neutrality is emerging," said Patrick Ryan, Chief Technology Officer of ABS. "ABS and HD KSOE will contribute to accelerating the commercialization of marine nuclear technology in the global shipbuilding market."

Meanwhile, at the summit, a discussion on 'Maritime Civil Nuclear Propulsion for Large Ships' was held, featuring Park Sangmin, Head of HD KSOE's Green Energy Research Lab; Christopher J. Wiernicki, Chairman, President, and CEO of ABS; and John Michael Richardson, former U.S. Chief of Naval Operations.

"HD KSOE is strengthening cooperation not only with major classification societies but also with international regulatory bodies to establish international regulations necessary for the commercialization of nuclear-powered vessels," said Park Sangmin. "Starting with the land-based SMR reactor manufacturing project, we aim to develop a marine nuclear business model by 2030."

Since February last year, HD KSOE has been accelerating related technology development through joint research on next-generation SMRs with TerraPower. In December of the same year, the company secured an order to manufacture the main equipment for TerraPower's Natrium reactor, which is being constructed in Wyoming, USA.

*Light water: Water used as a coolant and neutron moderator in reactors.

*Supercritical carbon dioxide-based propulsion system: A technology that generates energy by heating carbon dioxide in a supercritical state. It enables high-efficiency power generation even at low temperatures and pressures, making it a next-generation power generation technology.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

HD Korea Shipbuilding & Offshore Engineering Leads the Zero-Carbon Era with 'SMR-Powered Ship'

Singapore-based AI and Sustainability Company Partners with Deloitte and SGS to Build a Robust AI Governance Framework

SINGAPORE, June 26, 2026 /PRNewswire/ -- Cedars Digital, a Singapore-based AI and sustainability technology company, today announced that it has achieved ISO/ IEC 42001 certification, establishing an Artificial Intelligence Management System (AIMS) aligned with international standards.

The certification was issued by SGS, with professional advisory support from Deloitte, marking an important milestone in Cedars Digital's journey from AI adoption to AI Governance.

ISO/ IEC 42001 is the world's first international standard for Artificial Intelligence Management Systems. As AI regulations and governance frameworks continue to evolve globally—including the EU AI Act and the NIST AI Risk Management Framework—businesses are increasingly recognizing that AI governance is no longer optional. Competitive advantage is shifting from who has AI to who can govern AI responsibly.

Cedars Digital has long focused on corporate decarbonization and sustainability transformation. Its flagship carbon management platform, CarbonM2 (CM2), integrates Corporate Carbon Accounting, Product Carbon Footprint, and Supply Chain Carbon Management, helping enterprises establish comprehensive carbon data management capabilities. The platform supports major international standards while incorporating AI-powered features that improve efficiency and transform carbon data into actionable business intelligence.

"Achieving ISO/ IEC 42001 marks an important milestone as Cedars Digital evolves from AI adoption to AI Governance," said Torrent Chin, CEO of Cedars Digital. "As AI becomes an essential infrastructure for businesses, trust will become the defining factor of competitiveness. We are committed to putting Trustworthy AI at the center of our strategy and helping enterprises build an AI ecosystem that balances innovation, governance, and sustainability."

Salmon Sim, COO of Cedars Digital, added that enterprises today require not only trustworthy carbon data, but also trustworthy AI. "Our ISO/ IEC 42001 certification is our promise to you that the use of AI technology behind our solutions is governed properly, without compromise."

A representative from SGS noted that establishing AI governance mechanisms that are secure, transparent, and trustworthy has become a critical priority for digital transformation. "The certification achieved by Cedars Digital demonstrates that the company has established an AI governance framework aligned with international standards. Trustworthy AI will become a key source of corporate competitiveness, and robust governance will be indispensable to sustainable business growth."

Frank Chen, Director at Deloitte, noted that ISO/ IEC 42001 is the world's first AI governance management system standard, providing a common governance framework for responsible innovation. He emphasized that as AI adoption accelerates, expectations on governance, risk management continue to rise, making internationally aligned frameworks essential for trust and innovation.

Looking ahead, Cedars Digital will continue to place Trustworthy AI at the center of its strategy, advancing both AI Governance and carbon management technologies to help organizations build an AI ecosystem grounded in innovation, governance, and sustainability.

About Cedars Digital
Cedars Digital is a Singapore-based AI and sustainability technology company dedicated to accelerating corporate net-zero transformation through digital innovation. Committed to the principles of Trustworthy AI, Cedars Digital combines AI Governance, sustainability, and innovation to empower enterprises in building resilient and responsible businesses for the future.

 

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Cedars Digital Achieves ISO/ IEC 42001 Certification, Advancing Trustworthy AI and AI Governance