Korean Register, Busan Port Authority to cooperate

   The Korean Register of Shipping, an IACS member classification society, and the Busan Port Authority have reportedly signed a memorandum of understanding to cooperate on environmental initiatives and other maritime activities.
   A release issued Tuesday said that the MoU lets both parties work together on the development of an evaluation index for eco-friendly ships and green ship verification services, and will also extend to new and renewable energy sectors such as solar and wind energy, as well as initiatives for helping local business expansion.