2016 June 27 17:16

PSA launches living lab for port and logistics industry

PSA  Corporation  Limited  (PSA)  with  the  support  of  the Economic  Development  Board  (EDB) and the Maritime and Port Authority of Singapore (MPA) has inaugurated  the  PSA  Living Lab ,  a living laboratory in Singapore  for the port and logistics industry , with c lose to  S$100 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  program  to  develop  innovative  and cutting - edge technology solu tions 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 . Operational ly - 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  I ncubator  program,  which  seeks  innovative  solutions  from  start - ups  to  revolutionise  conta iner  terminal operations, streamline global supply chain logistics, and enhance the efficiency of  international trade with better visibility and security.

About  PSA Corporation Limited (PSA)

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.