Lloyd's Register to collaborate with Korea Rail Research Institute

Lloyd's Register and the Korea Railroad Research Institute (KRRI) have signed an agreement to collaborate on rail research, development and application. The move highlights the commitment of both parties to strengthen and promote technical co-operation in the research field of entire railway systems, including high-speed rail and urban transit systems.

The agreement, signed by Dr. Dahl-Ho Song, President of KRRI, and David Moorhouse, Executive Chairman of Lloyd's Register, covers co-operation on a wide range of possible topics:

• risk management including RAMS (reliability, availability, maintainability and safety)
• system and safety engineering including safety cases
• rolling stock asset life cycle optimisation and management
• railway engineering applications
• system engineering
• railway systems applications
• system assurance.

David Moorhouse said: "We are extremely pleased to have agreed to collaborate with KRRI and look forward to the benefits it can bring to the rail sector, in Korea and elsewhere. Combining our worldwide risk-management and technical expertise with the Institute's work to develop rail technology, has the potential to achieve significant advances in technology and practice. The collaboration will involve exchange of personnel, information, joint research and joint projects."

ENDS

Notes to editors

1. Lloyd's Register is an independent risk management organisation. The Lloyd's Register Group works to improve its clients' quality, safety, environmental and business performance throughout the world. Our expertise and activities cover railways, shipping, oil and gas and other land-based industries.
2. The Korea Railroad Research Institute (KRRI) was established in 1996 by the Korean Government. Its objectives are to research, develop, foster, and spread the technology and operation of railroad systems to assist the development of the national railroad system.
3. A photograph in electronic format of the signing ceremony is available from
   Kathy Davis, Lloyd's Register, Corporate Communications.
   Tel: +44 (0)20 7423 2654
   Email: news@lr.org

For more information

Paul Thomas
Global Transportation Business Manager
Lloyd's Register
Tel: +44 (0)118 955 6100
Fax: +44 (0) 118 955 6101
Email: paul.thomas@lrrail.com

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Lloyd's Register, Lloyd's Register EMEA and Lloyd's Register Asia are exempt charities under the UK Charities Act 1993.