OTC 2026: ABS, HD Hyundai Heavy Industries sign MoU on offshore, maritime collaboration
ABS and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) at OTC 2026 last week to collaborate on a range of initiatives supporting sustainability, digital innovation and operational resilience in the maritime and offshore sectors.
The agreement places particular emphasis on accelerating development of next-generation energy solutions, reflecting ongoing decarbonization efforts and digital transformation across the global ocean energy landscape.
Under the MoU, ABS and HHI will explore opportunities to address evolving operational requirements and support the development of offshore and marine solutions.
Planned areas of focus include offshore wind development, offshore substations, small modular reactors (SMRs), offshore spaceport infrastructure, and carbon capture and storage (CCS) value chain solutions, along with enabling digital technologies.
