Information
410 Jeongseojin-ro, Seo-gu, Incheon, South Korea
+82 32-567-0961
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Overview
- Summary
- Simulation Tech Inc. (STI) is a technology-driven company established in 2001, focusing on research and development of marine equipment. The company develops and supplies eco-friendly and safety-related ship components, including voyage data recorders, SOx scrubber systems, and LNG carrier emergency stop systems. Notably, its SOx scrubber system for ship exhaust gas reduction achieved the first commercialization in Korea, leading its overseas exports. STI contributes to marine environmental improvement and the advancement of safe navigation technology, enhancing its competitiveness in the global market.Simulation Tech Inc. (STI) is a technology-driven company established in 2001, focusing on research and development of marine equipment. The company develops and supplies eco-friendly and safety-related ship components, including voyage data recorders, SOx scrubber systems, and LNG carrier emergency stop systems. Notably, its SOx scrubber system for ship exhaust gas reduction achieved the first commercialization in Korea, leading its overseas exports. STI contributes to marine environmental improvement and the advancement of safe navigation technology, enhancing its competitiveness in the global market.
- Key Products/Technologies
- Ship SOx Scrubber System: A device designed to reduce sulfur oxides in ship exhaust gas by up to 99.5%. This system features an economical design that involves removing a part of the exhaust gas pipe inside the ship's funnel and installing the scrubber body in its place, preventing cargo space loss. Its characteristics include a smaller size, lower power consumption compared to competitors, and external nozzle installation for easy maintenance.Ship SOx Scrubber System: A device designed to reduce sulfur oxides in ship exhaust gas by up to 99.5%. This system features an economical design that involves removing a part of the exhaust gas pipe inside the ship's funnel and installing the scrubber body in its place, preventing cargo space loss. Its characteristics include a smaller size, lower power consumption compared to competitors, and external nozzle installation for easy maintenance.
- Voyage Data Recorder (VDR): An essential ship black box for investigating maritime accidents. This product has obtained MED (Europe) and USCG (United States) certifications under the International Maritime Organization (IMO). It is the world's smallest commercially available product, measuring 60cm by 60cm by 36cm, suitable for medium and small vessels of 3,000 tons or more. The company developed all core components and operating programs with its proprietary technology, ensuring strong competitiveness.Voyage Data Recorder (VDR): An essential ship black box for investigating maritime accidents. This product has obtained MED (Europe) and USCG (United States) certifications under the International Maritime Organization (IMO). It is the world's smallest commercially available product, measuring 60cm by 60cm by 36cm, suitable for medium and small vessels of 3,000 tons or more. The company developed all core components and operating programs with its proprietary technology, ensuring strong competitiveness.
- LNG Carrier Emergency Stop System: Possesses technical expertise related to sloshing analysis and research, a critical technology in LNG vessel construction. The company participated in the core technology development project for LNG plants, responsible for LNG vessel dynamic analysis technology.LNG Carrier Emergency Stop System: Possesses technical expertise related to sloshing analysis and research, a critical technology in LNG vessel construction. The company participated in the core technology development project for LNG plants, responsible for LNG vessel dynamic analysis technology.
- Ship Denitrification System: A nitrogen oxide (NOx) removal system developed in collaboration with Korea Electric Power Technology (KEPCO E&C). This technology adapts denitrification systems, typically supplied to thermal power plants, incinerators, and industrial factories, for marine applications. Product development is linked with KEPCO E&C's low-temperature denitrification catalyst (KoNOx) technology.Ship Denitrification System: A nitrogen oxide (NOx) removal system developed in collaboration with Korea Electric Power Technology (KEPCO E&C). This technology adapts denitrification systems, typically supplied to thermal power plants, incinerators, and industrial factories, for marine applications. Product development is linked with KEPCO E&C's low-temperature denitrification catalyst (KoNOx) technology.
- Optical Measurement and Sensor System Technology: Possesses advanced sensor development capabilities, including light source module technology for mid-infrared sensing systems, visible and infrared fusion optical measurement imaging module technology, and illumination optical system and camera module technology for biometric recognition. The company also holds technology for manufacturing and packaging optical sensors for wafer-level applications, and fiber optic sensor units for optical measuring instruments.Optical Measurement and Sensor System Technology: Possesses advanced sensor development capabilities, including light source module technology for mid-infrared sensing systems, visible and infrared fusion optical measurement imaging module technology, and illumination optical system and camera module technology for biometric recognition. The company also holds technology for manufacturing and packaging optical sensors for wafer-level applications, and fiber optic sensor units for optical measuring instruments.
- Core Advantages
- Proprietary Technology Development Capability: The company has independently secured core technologies, such as the first commercialization of ship SOx scrubber systems in Korea and the development of the world's smallest VDR. It boasts a strong commitment to technology development and talent nurturing, employing a research team including six engineering PhDs.Proprietary Technology Development Capability: The company has independently secured core technologies, such as the first commercialization of ship SOx scrubber systems in Korea and the development of the world's smallest VDR. It boasts a strong commitment to technology development and talent nurturing, employing a research team including six engineering PhDs.
- Leadership in Environmental Regulation Compliance: Proactively develops eco-friendly ship technologies in response to strengthening environmental regulations by the International Maritime Organization (IMO). It contributes to marine environmental protection by reducing sulfur oxides and fine dust, providing solutions that meet market demands.Leadership in Environmental Regulation Compliance: Proactively develops eco-friendly ship technologies in response to strengthening environmental regulations by the International Maritime Organization (IMO). It contributes to marine environmental protection by reducing sulfur oxides and fine dust, providing solutions that meet market demands.
- Economic Efficiency and Effectiveness: The SOx scrubber system's design, which avoids cargo space loss, offers economic benefits to shipowners. The VDR product provides a significant price advantage, being less than half the cost of existing products, facilitating entry into the small and medium-sized vessel market.Economic Efficiency and Effectiveness: The SOx scrubber system's design, which avoids cargo space loss, offers economic benefits to shipowners. The VDR product provides a significant price advantage, being less than half the cost of existing products, facilitating entry into the small and medium-sized vessel market.
- Global Market Expansion and Export Achievements: Began exporting to a Danish state-owned shipping company in 2012 and has since supplied products to various countries including Japan, Italy, Singapore, and Thailand. In 2019, the company secured supply contracts for ship exhaust gas reduction systems worth approximately 114.6 billion KRW from Greek shipping companies and Chinese shipyards, demonstrating strong overseas export performance.Global Market Expansion and Export Achievements: Began exporting to a Danish state-owned shipping company in 2012 and has since supplied products to various countries including Japan, Italy, Singapore, and Thailand. In 2019, the company secured supply contracts for ship exhaust gas reduction systems worth approximately 114.6 billion KRW from Greek shipping companies and Chinese shipyards, demonstrating strong overseas export performance.
- Industry-Academia-Research Collaboration Network: Engages in active collaboration, including donations for the expansion of Seoul National University's Sloshing Experiment Building and a joint development agreement with Korea Electric Power Technology for ship denitrification systems. It also provides technical consulting for eco-friendly equipment through collaboration with a technical advisor from the Korea Research Institute of Ships and Ocean Engineering.Industry-Academia-Research Collaboration Network: Engages in active collaboration, including donations for the expansion of Seoul National University's Sloshing Experiment Building and a joint development agreement with Korea Electric Power Technology for ship denitrification systems. It also provides technical consulting for eco-friendly equipment through collaboration with a technical advisor from the Korea Research Institute of Ships and Ocean Engineering.
- Target Industrie
- Shipping and Shipbuilding Industry: Supplies exhaust gas reduction and navigation safety equipment for large vessels. Develops core systems for specialized vessels such as LNG carriers.Shipping and Shipbuilding Industry: Supplies exhaust gas reduction and navigation safety equipment for large vessels. Develops core systems for specialized vessels such as LNG carriers.
- Environmental Industry: Contributes to environmental regulation compliance and marine environmental protection through ship emission reduction technologies.Environmental Industry: Contributes to environmental regulation compliance and marine environmental protection through ship emission reduction technologies.
- Energy Industry: Participates in technology development related to LNG plants.Energy Industry: Participates in technology development related to LNG plants.
- Advanced Sensor Industry: Develops sensors for various industrial sectors through optical measurement and sensor system technologies.Advanced Sensor Industry: Develops sensors for various industrial sectors through optical measurement and sensor system technologies.
- Major Markets
- Japan, Singapore, Thailand, ChinaJapan, Singapore, Thailand, China
- Denmark, Italy, GreeceDenmark, Italy, Greece
- Certifications/Patents
- 3 patents registered for ship SOx scrubbers3 patents registered for ship SOx scrubbers
- MED (Europe) and USCG (United States) certifications obtained for Voyage Data Recorder (VDR)MED (Europe) and USCG (United States) certifications obtained for Voyage Data Recorder (VDR)
- Collaboration with Korea Electric Power Technology and technical capabilities in ship denitrification systemsCollaboration with Korea Electric Power Technology and technical capabilities in ship denitrification systems
Introduction
Location
410 Jeongseojin-ro, Seo-gu, Incheon, South Korea
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