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South Korea amends regulations to support green shipping and shipbuilding efforts

South Korea amends regulations to support green shipping and shipbuilding efforts

Shipbuilding

South Korea’s Ministry of Oceans and Fisheries (MOF) has revised the rules on the standards and certification of environmentally friendly vessels to further promote and support sustainability-oriented efforts within the shipping and shipbuilding sectors.

Hanwha Ocean’s Geoje Shipyard in South Korea (for illustration purposes only); Source: Hanwha Ocean

As disclosed, the new rules, in effect from August 21, are expected to ‘strengthen’ the country’s vision of ensuring a ‘fully sustainable’ maritime industry. The rules were revised and (re)introduced jointly by MOF and the Ministry of Trade, Industry and Energy (MOTIE).

The new revisions to the guidelines, according to MOF, are as follows:

  • the scope of applicants for the eco-friendly certification has been expanded so that not only shipowners but also shipbuilders can obtain it;
  • the final certification can be granted even if it differs from the preliminary accreditation

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