![[Photo by Korea Shipbuilding & Offshore Engineering]](https://file.mk.co.kr/meet/neds/2022/01/image_readtop_2022_86656_16433351024932266.jpg)
[Photo by Korea Shipbuilding & Offshore Engineering]
Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, Thursday announced the signing of a memorandum of understanding with local vanadium ion battery (VIB) manufacturer Standard Energy to develop new VIB-based energy storage systems free from a risk of fire or blast for electric ships.
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