PSA Corporation Limited (PSA), together with the support of the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA), has inaugurated the ‘PSA Living Lab’, which is a living laboratory in Singapore for the port and logistics industry, with more than US$73.5 million committed to the initiative over the next three years.
Comprising two operational berths at Pasir Panjang Terminal, the PSA Living Lab will enable start-ups and technology solution providers to collaborate with PSA to develop ideas and test-bed integrated systems in an unparalleled live port environment at PSA Singapore Terminals – one of the world’s busiest hubs for container movement.
The PSA Living Lab is an integral part of PSA’s on-going programme to develop innovative and cutting-edge technology solutions for its existing terminal operations in Singapore, as well as the future Tuas Terminal.
One key project is the Automated Guided Vehicle (AGV) system, which will ramp up operations to a fleet of 30 vehicles in 2017. Operationally-ready solutions have the potential to be deployed at terminals of the PSA group worldwide.
The PSA Living Lab will also complement the recently-launched PSA ‘unboXed Incubator’ programme, which seeks innovative solutions from start-ups to revolutionise container terminal operations, streamline global supply chain logistics, and enhance the efficiency of international trade with better visibility and security.
PTI recently launched its Terminal Automation & Training conference, which brought together industry experts to discuss the future of container terminal automation.
Yeoh Keat Chuan, Managing Director of the Singapore Economic Development Board, said: “We are happy to support PSA Corporation in their effort to explore next generation solutions that will secure the future Tuas Port’s competitiveness and Singapore’s position as a global logistics hub.
“This opportunity to co-develop and test-bed port solutions at the world’s leading port will encourage other leading companies to partner PSA and look to Singapore as a location for value creation.”
Andrew Tan, CEO of the Maritime and Port Authority of Singapore, said: “We believe that the success of Maritime Singapore hinges upon our ability to leverage on good people together with cutting-edge technology to enhance our competitiveness.”
“A strong hub port will help strengthen our efforts to develop Singapore into a leading International Maritime Centre, and PSA must stay ahead of the game to remain relevant.”
Mr Ong Kim Pong, Regional CEO of Southeast Asia at PSA International, said: “As Singapore consolidates its container port activities in Tuas from the next decade, it is imperative for PSA to become even more efficient, innovative and productive to be future-ready and contribute to the country’s status as a global hub port.”
Fact File: PSA Corporation, a fully-owned subsidiary of PSA International, operates the world’s largest container transhipment hub in Singapore, linking shippers to an excellent network of major shipping lines with connections to 600 ports globally. Shippers have access to daily sailings to every major port in the world at this mega hub. Its excellence in port operations has consistently been recognised by the shipping community. In 2016, it was voted the “Best Container Terminal (Asia)” at the Asian Freight, Logistics and Supply Chain Awards. PSA Singapore Terminals handled 30.62 million TEUs of containers in 2015.