Hyundai Partners with LR on Digital Solutions

Maritime Activity Reports, Inc.

June 7, 2019

Photo: LR

Photo: LR

Classification society Lloyd's Register and Hyundai Global Service (HGS) have announced a new collaboration that will deliver added value to the shipping industry through digital solutions, starting with the appraisal of HGS’s Smart Ship System as ‘Digital Class Ready’.

LR will assess HGS’s Smart Ship System by applying its latest Digital Ship’s ShipRight Procedure and Digital Compliance Framework so that ship managers and operators using the system onboard ships can get class items credited remotely for selected items.

HGS and LR will engage in live trials of the system, installed and operational on a ship, and test its readiness to comply with data-driven classification requirements. These tests will prove how the chosen surveyable item would become eligible to be class item credited based on data streamed from the HGS Smart Ship System, remotely.

HGS and LR also intend to create a digital interface between HGS’s Smart Ship System and LR that would allow class items crediting to be undertaken digitally. Additional operational efficiencies and improved performance could be gained by ship managers and operators through data-driven classification and data-driven maintenance strategies.

Kyoungsoo Ahn, HGS’s Director for Digital Transformation Business, said: “HGS believes that digitalisation will bring substantial benefits to ship managers and operators, our smart ship system is designed to help our clients improve their performance and cut their costs like never before. We believe this collaboration will be a starting point for digital technology to record tangible numbers in the shipping industry.”

Luis Benito, LR’s Innovation and Co-Creation Director for Marine & Offshore, said: “Shipping can move forward on its digitalisation pathway through the adoption of smart ship systems and additionally owners and operators could gain further understanding to enhance their ship’s operational performance."

Benito added: "LR is here to collaborate with the industry by helping our customers gain value from digitalisation and 4.0 technologies that are readily available. This collaboration with HGS allows LR to deliver augmented value to our customers and we trust it constitutes a foundation for data-driven classification and digital solutions that will improve operational and business performance for ship owners and operators.”

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