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Blockshipping partners with COSCO Spain terminals

COSCO Spain
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Blockshipping has partnered with COSCO Shipping Ports (CSP) Spain to deliver AI technology at their terminals and improve overall efficiency and operability of yard movements.

Blockshipping noted how the need for improvement in container terminal operations has become increasingly necessary in recent years as congestion continues to impact global transportation.

With growing container stacking heights, the urgency to quickly find better ways to utilise the available capacity is increasing.

“Advanced terminals have started to look at the efficiency gains that can be achieved with AI,” said Mogens G. Hansen, CEO of Blockshipping.

“Our Cloud-based AI-IDP solution has proved capable of predicting the expected container gate-out time with more than 50 per cent accuracy, leading to significant cost savings in unproductive moves, and, because our predictions are provided prior to discharge, they enable CSP Spain consistent improvement in their yard planning.”

Ignacio Huet Grondona, CIO at CSP Spain, added: “As the main gate of access of containerised cargo to the Iberian Peninsula, we are the natural port of Spain’s capital city and are constantly looking to improve our services to our customers.

“In addition to improved yard efficiency and being able to handle more containers within our existing capacity, we expect the solution will help us make a significant reduction in our CO2 emissions.”

Last month, CSP announced its annual financial and operational results for 2021, posting a significant improvement in revenue.

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