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Hanwha Ocean plans to invest 1.976 trillion KRW by 2026 with the goal of preventing major industrial accidents.

Business / Kim Jisun / 09/19/2024 03:44 AM

(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] Hanwha Ocean plans to invest 1.976 trillion KRW by 2026 to prevent major industrial accidents, aiming to fundamentally improve its safety infrastructure and establish an advanced safety culture.

On the 18th, Hanwha Ocean announced its investment plans, allocating 573 billion KRW for safety-related expenses this year, 802 billion KRW for 2025, and 601 billion KRW for 2026, all of which are higher compared to last year’s investment of 321.2 billion KRW.

During this period, Hanwha Ocean will focus on six key areas:

- Building a comprehensive smart safety system across the entire shipyard
- Proactively replacing outdated equipment
- Establishing an advanced safety culture
- Creating a safety academy centered on hands-on education
 

Supporting the safety of partner companies and increasing the number of safety personnel
Conducting regular safety evaluations and improving safety management through external specialized agencies.
 

Hanwha Ocean will invest 65 billion KRW by 2026 to be the first in the industry to implement a comprehensive smart safety system across its entire shipyard. This system will use AI technology through an integrated control center to automatically detect hazardous situations such as unsafe conditions, fires, explosions, and leaks throughout the shipyard. 

 

The company also plans to provide personal safety gear, such as body cams, tablets, and smartwatches, to all necessary workers. Additionally, Hanwha Ocean will allocate 700 billion KRW to proactively replace aging equipment and facilities that pose potential risks, regardless of their current condition.

 

 

 

AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)

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