MunmuBaram, the developer behind South Korea’s 750-megawatt (MW) floating offshore wind project, said it has completed the Marine Traffic Safety Examination (MTSE), a key regulatory step toward securing full construction approval.
The project, developed by Swedish company Hexicon, said the MTSE evaluates how offshore wind farms may affect existing maritime routes and overall vessel safety. MunmuBaram said it worked closely with the Ministry of Oceans and Fisheries, local authorities, and maritime stakeholders throughout the process to assess potential impacts and identify mitigation measures.
“The completion of the Marine Traffic Safety Examination marks a significant milestone for the MunmuBaram project,” the company said in a statement. “The project team collaborated extensively with relevant authorities and local stakeholders to align expectations and ensure the highest standards of maritime safety.”
With the safety review now concluded, MunmuBaram said it will proceed to the next permitting stage, which includes the Radio Wave Impact Assessment. The company added that the safety measures identified during the MTSE will be integrated into its final development plans “to ensure the project proceeds with a strong focus on responsibility and transparency.”
MunmuBaram said it would continue to draw on technical expertise and partnerships to advance the commercialisation of floating offshore wind in South Korea. “We will continue to apply our technical expertise and collaboration with partners to accelerate the commercialisation of floating offshore wind and support sustainable industry growth alongside local communities,” the company said.
Once complete, the 750MW MunmuBaram project is expected to play a central role in South Korea’s renewable energy strategy and contribute to the country’s target of achieving carbon neutrality by 2050.