Daewoo Shipbuilding & Marine Engineering Co. announced that on Thursday it has joined forces with South Korea’s top shipping firm Hyundai Merchant Marine Co. to develop smart ship technologies.

The 2 sides will collaborate in developing various technologies used for smart ships, such as real-time monitoring and automation systems.

“It will create a virtuous cycle for smart ship development because the shipbuilder can apply its technologies to the shipper’s vessels and can get feedback to develop a better system,” a Daewoo Shipbuilding spokesman said.

According to Daewoo Shipbuilding comments, some of its smart ship technologies will be used for seven container ships ordered by Hyundai Merchant last year. The ships are scheduled to be delivered from the Q2 2020.

Daewoo Shipbuilding has been striving to develop smart ship technologies. It recently signed partnerships with MAN Energy Solutions of Germany and WinGD of Switzerland to develop digitization solutions for marine engines.