Press Release

Doosan Enerbility is widening the reach of its additive manufacturing(AM)* business, for which it had built up technological expertise over the years in the power generation and defense industries, by further expanding into the shipbuilding sector.
* Metal Additive Manufacturing(AM):  a technology that is also referred to as metal 3D printing, which involves creating metal parts by building up layers of metal powder one layer at a time. :

On February 26th, Doosan Enerbility announced that it had signed a memorandum of understanding with Pelagus 3D,* an on-demand digital manufacturing platform operator for maritime and offshore spart parts based in Singapore, agreeing to cooperate on metal AM technology exchanges and joint marketing efforts.  The MOU signing ceremony which was held at the Pelagus 3D headquarters was attended by the related parties, including Yongjin Song, Chief Strategy Officer of Doosan Enerbility, and Kenlip Ong, Chief Executive Officer of Pelagus 3D.
*.Pelagus 3D: a joint venture company founded by the German shipbuilding and steel manufacturing company Thyssenkrupp and Norwegian maritime company Wilhelmsen. Currently engaged in partnerships with close to 80 additive manufacturing companies for the maritime and offshore industry.

With the signing of this agreement, the two companies agreed to cooperate on the following areas – participation in the on-demand digital platform work for maritime & offshore metal parts, planning of joint marketing and business development efforts targeted at Korea’s shipbuilding companies, and engaging in joint marketing efforts aimed at Singapore’s aviation, shipbuilding and maritime sectors in order to develop new business opportunities.  Doosan Enerbility will be responsible for the design, manufacturing and quality management of maritime and offshore spare parts made using the additive manufacturing method, while Pelagus 3D will be in charge of the online platform operation and identification of parts to be considered for the additive manufacturing, as well as the design and certification work.

“Doosan Enerbility has demonstrated to its customers across a wide range of industries, including the defense and aerospace sectors, the excellence of its AM technology and the economic feasibility,” said Yongjin Song, Doosan Enerbility’s CSO.  “Under this partnership, we plan to do our utmost to further expand the AM business and develop new markets.”

According to a study released by the global maritime research consultancy Drewry, it is forecast that the domestic market for maritime and offshore spart parts will grow from the size of approximately KRW 300 billion in 2024 to KRW 600 billion by 2028, thereby recording an annual growth rate of more than 15% on average.

▲On Feb. 23, attendees from the two companies, including Doosan Enerbility CSO Yongjin Song (left side of first row) and Pelagus 3D CEO Kenlip Ong (right side of first row) pose for a group photo at the MOU signing ceremony for metal AM technology exchanges & joint marketing held in Singapore.

▲On Feb. 23, attendees including Doosan Enerbility CSO Yongjin Song (front row, 4th from the left) and Pelagus 3D CEO Kenlip Ong (front row, 6th from the left) pose for a photo at the MOU signing ceremony for metal AM technology exchanges and joint marketing held in Singapore.