Keel Laying Ceremony held for the Pacific Island Supply Vessel on Geoje Island South Korea

The Pacific Island Supply Vessel built at Asia Shipbuilding will provide a unique trading, research and training platform for the Republic of the Marshall Islands in early 2024.
The keel laying ceremony for hull number ASB – 1245 of the Pacific Island Supply Vessel was held at the premises of the Asia Shipbuilding close to the city of Geoje on Geoje Island, South Korea. The consortium of Asia Shipbuilding and the naval design company Kostec , has signed contract with the Deutsche Gesellschaft für Internationale Zusammenarbeit in last year´s July to deliver an innovative sailing cargo ship for the needs of the Republic of the Marshall Islands.
GIZ has been implementing the IKI (International Climate Initiative) financed program that is commissioned by the Federal German Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) jointly with the Marshall Islands’ Ministry for Transportation, Communication, and Information Technologies (MoTCIT) since 2017.
The overarching aim of the project is until today to support RMI’s ambitious target to cut down carbon dioxide emission in the domestic sea transport sector according to its National Determined Contribution (NDC) target of achieving transport-wide reduction of total domestic transport GHG emissions 27% below 2010 levels by 2030 and transitioning to a low carbon transport future and is committed to reducing GHG emissions from domestic shipping 40% below 2010 levels by 2030 and full decarbonization of the sector by 2050. Earlier this year, the RMI Cabinet has endorsed the Domestic Maritime Transport Roadmap, that lays out the path for net-zero sea transportation in the Marshall Islands until 2050.

The keel laying ceremony was hosted by Asia Shipbuilding on a sunny day on Geoje. Various representatives from the maritime sector of the Republic of Korea have been present, by name: Management of Kostec Co., Ltd., Asia Shipbuilding Co., Ltd., Korea Register, International Registries Incorporated (IRI), Korea Marine Equipment Research Institute (KOMERI), Representatives of the Geoje City Hall next to high level Government officials from the RMI Ministry of Foreign Affairs and Trade, Honorable Minister Kitlang Kabua and H.E. Ambassador Albon T. Ishoda jointly with Madame Ambassador.
Minister Kabua highlighted in her keynote remarks that “the keeling would be the start of the paradigm shift from conventional driven, solely engine propelled ships to a new generation of vessels for our islands in the larger Pacific Region.”, furthermore, she made clear: “We need to move away from fossil fuels, the vessel which´ keel is laid today in this festive ceremony symbolizes the larger change we are fighting for, a transition from technologies that are outdated and not adequate anymore in times where we face daily challenges with rising sea levels, the acidification of our oceans leading to coral bleaching, taking away our resources that we all need to survive.”
Project Director Mr. Held made clear that “the combination of various technologies for such size and type vessel is unique.” The 48 m Sailing Cargo Vessels have been developed jointly with the Research Institute University of Applied Sciences Emden-Leer. In a joint effort, a new prototype-like vessel has been elaborated, including a modern and efficient sailing rig, PV units for the generation of electricity onboard and training areas for generations of future Marshallese Seaman.
As Project Manager of Kostec Co., Ltd., Mr. Chung, made clear in his remarks, “the windmilling technology via recuperation during sailing operation has not yet been built in this context and will certainly raise lots of interest within future buyers when proven successful”. He added, that “the ship could basically be operated emission free during favorable conditions”.
After the keel laying ceremony, the shipyard and all relevant project partners will continue with the production of the vessel until the next milestone, the launching in early October 2023.
Related News.
September 3, 2026
Cyprus Maritime Innovation takes Centre Stage at SMM Hamburg 2026
Underscoring its expanding role as a premier international hub for cutting-edge maritime technology and sustainable shipping, the Republic of Cyprus…
September 3, 2026
Trump seeks to refill US oil reserve with Venezuela deal but faces long delay
U.S. President Donald Trump said on the 30th (local time) that he would refill the U.S. Strategic Petroleum Reserve, which has been depleted with…
September 3, 2026
US Navy Official visits South Korean Shipyards in private
With U.S. President Donald Trump pushing a plan to allow overseas construction of U.S. warships, attention is focusing on whether the building of…
September 3, 2026
SES and De Boer Marine expand collaboration with FlexMaritime deployment across Global Markets
SES, a leading space solutions company, and De Boer Marine, a leading provider of top-quality marine equipment and maritime connectivity services,…
September 3, 2026
New ESG guidance to help maritime industry turn sustainability into commercial advantage
New framework helps shipowners and ports align ESG strategy with access to capital, charterer expectations and long-term asset value. Maritime…
September 3, 2026
Britannia P&I Club analysis finds four in five crew deaths linked to illness rather than accidents
New report highlights cardiovascular disease as leading cause of fatalities and raises concerns over mental health risks among younger seafarers.…
September 3, 2026
The Swedish Club launches new Loss Prevention podcast, Knot Another Lesson
The Swedish Club has launched Knot Another Lesson, a new podcast exploring the practical lessons, emerging risks and operational challenges shaping…
September 3, 2026
Lloyd’s Register appoints Jens Grunenberg as Senior Representative for Germany
Lloyd’s Register has appointed Jens Grunenberg as its Senior Representative for Germany, effective 1 September. Based in Hamburg, Grunenberg will…
September 3, 2026
Indian Register of Shipping sets sights on Hamburg for European Expansion
Indian Register of Shipping, a leading international classification society and full member of the International Association of Classification…
September 3, 2026
MOL completes Merger of 6 Ship Management Companies
Unifying Management of Over 200 Vessels and Strengthening Safety Mitsui O.S.K. Lines, announced that it has completed the integration of the MOL…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























