Doosan Enerbility is expanding its metal additive manufacturing (AM) business in the power generation and defense sectors to shipbuilding.
Metal AM is a technology that manufactures metal parts by layering metal powder one layer at a time, also known as metal 3D printing.
Doosan Enerbility announced on February 26 that it has signed an MOU with Pelagus 3D, a Singapore-based operator of a parts ordering platform for ships and offshore applications, to exchange metal AM technologies and jointly market them. The signing ceremony, held at Pelagus 3D's headquarters, was attended by Doosan Enerbility's Song Yong-jin, Head of Strategy & Innovation, and Pelagus 3D CEO Kenlip Ong.
Through the agreement, the two companies will collaborate to participate in an online platform for ordering metal AM parts for ships and offshore, joint marketing planning and business development for domestic shipbuilders, and identify business opportunities through joint marketing in Singapore's aviation, shipbuilding, and offshore sectors.
Doosan Enerbility will be in charge of design support, manufacturing, and quality of AM parts for ships and marine, while Pelagus 3D will be in charge of operating the online platform and discovering, designing, and certifying parts using AM technology.
"Doosan Enerbility has proven the technology and business viability of AM to a wide range of customers in the power generation, defense, and aerospace sectors," said Yongjin Song, Head of Strategy and Innovation at Doosan Enerbility. "Through this collaboration, we will do our best to expand our AM business and explore new markets."
According to a survey by global shipping consultancy Drewry, the domestic ship and offshore parts market is expected to grow at a compound annual growth rate of more than 15% from about 300 billion won in 2024 to about 600 billion won in 2028.