Samsung heavy to shoot up R&D investments

Samsung heavy industries have digitalized industrial design and inventory management since 2019. Last time it partnered with Microsoft to introduce the cloud system. In Daewoo Shipbuilding and Marine Engineering, a small production control center has been run since last year for collecting related information.

Samsung heavy industries have increased its R&D investment and ratio by 1.5 billion won to 51.6 billion won and increased from 0.7 percent to 0.8 percent, respectively.

Last year Samsung heavy industries and the Korean atomic energy research institute initiated a joint project last year in order to use a molten salt reactor for ship propulsion.

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At present Samsung heavy industries are concentrating on smart, eco-friendlier, and more digitalized ships. Specifically, they are working on autonomous navigation vessels, fuels, and engines to satisfy International Maritime Organization regulations.

Most the South Korean shipbuilders have increased their R&D investments this year despite the huge losses in the previous year. Much of the investments went to new fuel development for carbon reduction, smart ship development, and shipyard construction.

Looking at Samsung Hyundai heavy industries are also planning to put a commercial operation greenhouse gas reduction system for reducing the carbon emission from the ship by 2025, and zero-carbon propulsion systems using hydrogen, ammonia, and electricity by 2030.

However, the research on intelligent remote control vessels is in progress and will be completed by 2025 and will launch fully autonomous and unmanned vessels by 2030.