Specs / First developed oil vapor detector, recognized by others as number 1 in the world
Figure 1Oil mist detector system produced by Specs
You can count with your fingers the fields in which Korean companies can confidently boast that they are number one in the world. Specs Co., Ltd. (CEO Jaeyoon Lee, photo) is a rare company that can confidently say, “I am the best in this field.” The product that this company is dominating the global market is a marine oil mist detector (OMD). There is a constant risk of explosion and fire in ship engines due to the vaporization of lubricating oil (oil vapor). This device has the function of detecting the concentration of oil vapor and preventing explosions and fires in advance, so installation is mandatory for ship engines of a certain size or larger. done.
This company has developed its own OMD for engine rooms and diesel engine crankcases, received patent certification, and enjoys an exclusive position. This product, supplied under its own brand called 'Specs Vision', has been approved by Denmark's MAN and Switzerland's Wärtsilä, two of the world's largest marine engine manufacturing design companies, and is being used by world-class engine manufacturers such as Hyundai Engine, Doosan Engine, STX Heavy Industries, Caterpillar, and Japan. Our customers include major domestic and overseas marine engine companies and shipbuilders, including Kawasaki Heavy Industries, Mitsui, and Mitsubishi.
Specs' OMD is so highly regarded that it is also used by the Korean and U.S. navies. Specs is also developing and supplying TPM, which can help improve fuel efficiency by measuring and transmitting the torque and power of the power transmission device, and SPM, which can compare and analyze the current performance of the ship with the performance at the time of construction. Ballast water treatment system (BWTS) is also one of Specs' main products. As a measure to prevent pollution of the coastal ecosystem, the International Maritime Organization has made it mandatory to treat ballast water before port entry, emerging as a blue ocean worth 60 trillion won in the future. Specs is supplying BWTS in partnership with Mittrojan, the world's leading water treatment company in this field.
This company, which is based on Poongan Industrial Company, founded in 1970 by its founder, Chairman Lee Jang-woo, has made a significant contribution to the development of the domestic shipbuilding industry by forming partnerships with over 20 global companies and introducing and localizing cutting-edge products and technologies. Specs, which recently entered its second generation of management with the inauguration of CEO Lee Jae-yoon, son of Chairman Lee, is preparing for its second leap forward. CEO Lee Jae-yoon expressed his ambition, saying, “Based on the technology and experience accumulated so far, we will develop into a global company that provides total solutions related to shipping.”