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Lee Hyung-chul, chairman and ceo of KR

Korean Register looks to digitalised future as it celebrates 60th anniversary

The Korean Register (KR) has celebrated its 60th anniversary on 20 June 2020, as it looks to position itself as a leading digitalised classification society.

KR held a commemorative ceremony at its headquarters in Busan, South Korea, and made donations to six schools in the local community, two maritime universities and six universities with naval architecture schools.

Lee Hyung-chul, chairman and ceo of KR, commented: “I thank our government for their vision when KR was created back in 1960, and I thank all of my colleagues for their hard work building our organization into the respected, industry-leading centre of expertise that it is today.  Today, we are not just celebrating our 60th anniversary, we’re looking to the future and the next 60 years and continuing our mission, to enhance the safety of life and property while protecting the environment.”

Lee said that under his leadership, he aims to differentiate KR from other classification societies by offering customers a range of options using adaptive technology to deliver conventional surveys.

KR is working on big data platforms, e-certificate systems, an increasing range of remote surveys and virtual reality-based surveyor training simulators. It is also working with industry to install sensors on essential equipment onboard newbuild and existing vessels to collect data for condition-based monitoring and is already well-known for its comprehensive cyber security measures.

Furthermore, KR intends to deliver 10 practical digital technologies before the end of 2020, these already include condition-based monitoring, drone surveys, and a 3D-based approval system.

KR, an IACS member classification society, has a fleet comprising of 65% Korean owners and 35% international customers. The international fleet is made up of more than 3,000 vessels totaling 70 million gross tonnage and is made up of 43% bulk carriers, 22% tankers, 12% containerships, 9% roro and 7% gas carriers.

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