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Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has signed a memorandum of understanding to create an ecosystem for smart ships with SK Shipping, Intel, Microsoft, the Ulsan Center for Creative Economy and Innovation (UCCEI), and the Daejeon Center for Creative Economy and Innovation (DCCEI).

Under the MOU, HHI and its partners will join forces to help domestic small and medium-sized information and computer technology companies to develop software that meets the needs of shipowners for safe ship operation and improved crew wellbeing.