Challenges ahead for Port of Singapore. The Port of Singapore is one of the busiest in the world. Smart Port Challenge (SPC) Funding Schemes. Then vs. now: the Port of Singapore circa 1900 (left) and today (right). “We now need to prepare for the new normal. History of Singapore Established as a trading post in 1819 for East Indian Company Seceded from Malaysia 1965 Established a … Additive Manufacturing (2020) Post COVID Resilience (2020) Harbour Craft Electrification (2020) Technology Conference. There are opportunities for greater digitalisation, automation and adoption of new technology,” Quah Ley Hoon said. Singapore's Transportation Challenges and Plans Singapore’s transport infrastructure is set to undergo changes in the coming years as the government looks to follow through on its action plans addressing the city’s booming population. Now into its fourth edition, the SPC aims to bridge opportunities in the maritime sector with innovative solutions that can be reimagined to accelerate digital transformation within the industry, especially in the context of COVID-19. Distro was tested across 32 companies at the port’s RDM site where users, working with solar panels and a… Read More, The LNG London has conducted the first ship-to-ship LNG bunkering of a cruise vessel in the Port of Rotterdam. Click on the Challenge Statements for more info . Other Funding Schemes. Tuas port will incorporate innovative technologies such as yard automation and full-electric automated guided vehicles. “As the shipping industry grapples with COVID-19, many companies are already repositioning themselves for the new normal. Technologies & Dredgewire. Although it is only the soft launch of the project’s first phase, it is no small matter as this port is set to be developed into Indonesia’s biggest port by 2027. What is driving the escalation Singaporean shipping industry? Singapore-based port behemoth PSA expects that the challenges of a drastically changing shipping industry will have a "significant impact" over the next years. Photos: KITLV/Peter Garnhum When it gained independence in 1965, Singapore was a low-income country with limited natural resources that lacked basic infrastructure, investment and jobs. Powered by Stintlief Singapore is a global hub port, with connections to 600 ports in over 120 countries. “From pivoting their business to be more relevant, to diverting and optimising their resources for operational efficiency, start-ups have stepped up to meet challenges and opportunities presented by this newly evolved environment.”. “In Singapore, we have kept our port open, to continue to bring goods in and out. FUELSAVE that enables utility vehicles reduce emissions in a sustainable way, and Vulcan AI that helps enterprises cut costs through AI, secured second and third spots, respectively To support Maritime Singapore’s long-term sustainability goals, an innovation opportunity focusing on maritime decarbonisation will be featured for the first time. Mr Tan believes the bigger challenge for Singapore will continue to come from Port Klang and Tanjung Pelepas, both slated to ramp up capacity significantly. The company also has overseas ventures in China and Indonesia. To support Maritime Singapore’s long-term sustainability goals, an innovation opportunity focusing on maritime decarbonisation will be featured for the first time. Maritime Transformation Programme. The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), launched the Smart Port Challenge (SPC) 2020. And this leads to my second message – seize opportunities to accelerate digitalisation and innovative solutions.”. Its status as a major transshipment hub has skewed the structure of the local economy, where output and services related to the external sector are 1.5 times bigger than output for the entire economy. As the maritime industry in Singapore successfully navigates through challenges such as slowing growth, rapid technological changes, and a tight labour market, it is imperative that ports find innovative ways to work more efficiently and capitalize on the opportunities available. Shop the latest IT gadgets, lifestyle products and services with peace of mind. Tanjung Pelepas … Energy & Commodities. The project invites technology start-ups to submit proposals based on any of the 17 innovation opportunities that have been curated in collaboration with 15 maritime corporates and other partners this year. PSA sees significant container industry challenges in the years ahead. The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), have launched the Smart Port Challenge (SPC) 2020. Singapore’s Tuas Mega Port a bold investment that will face significant challenges . On the supply side the Port Authority provides land for rent, services to clients as well as a regulatory framework. Discussion Outline History Demographics Facts and Figures Port Commerce Strategic Location Challenges in a Changing World SWOT Analysis Conclusion 3. Photo: Illustration; Image credit: The Port of Thessaloniki. The project invites technology start-ups to submit proposals based on any of the 17 innovation opportunities that have been curated in collaboration with 15 maritime corporates and other partners this year. 1.04 billion gross tons were handled in 2004, crossing the one billion mark for the first time in Singapore's maritime history. The top three tech companies in this year's challenge were Fuelsave, BeeX and Vulcan AI. Shortlisted start-ups will gain exclusive access to PIER71 Accelerate, a six-week market and business model validation programme. Singapore's Jurong Port operates ports and terminals handling cement, steel, containers and fuel in the city state. Its employees in Singapore are organised under the Singapore Port Workers' Union (SPWU) and the Port Officers' Union (POU). We rolled out financial support such as the MaritimeSG Together Package for companies. Singapore’s ports have overtaken those of Hong Kong and are now eating into Port Klang’s trade. We worked with over 40 ports around the world, on a common declaration to keep the global supply chain going. Criteria for MINT Fund . We worked with over 40 ports around the world, on a common declaration to keep the global supply chain going. The Port of Singapore, run by the port operators PSA International (formerly the Port of Singapore Authority) and Jurong Port, is the world's busiest in terms of shipping tonnage handled. The planned facility is aimed at serving the South-south, Southeast and parts of the North central region of the country. Shortlisted start-ups will gain exclusive access to PIER71 Accelerate, a six-week market and business model validation programme. All the existing Singaporean container terminals will be mer… “From pivoting their business to be more relevant, to diverting and optimising their resources for operational efficiency, start-ups have stepped up to meet challenges and opportunities presented by this newly evolved environment.”. in Port News 27/05/2019. “The Smart Port Challenge comes in a time where start-ups join hands with the shipping companies to curate solutions to future-proof ourselves and build a more resilient maritime community; with the added venture capital funding steering more resources towards this important effort.”. Plan your holiday with our latest travel deals and promotions. Subscribe to t.me/BizTimes. challenges. Book flight tickets from Singapore to international destinations with Singapore Airlines. The shipping section covers information on how to register a ship under the Singapore flag,as well as manning guidelines, procedures and requirements for owners and masters of Singapore … The Singapore Mobility Challenge seeks solutions that can enhance our public transport system by creating a better, safer, more inclusive everyday experience for commuters, and by supporting the workers who keep our public transport system running. For daily updates on weekdays and specially selected content for the weekend. Maritime and Port Authority of Singapore (englisch) Datenbank inhaltlich erschlossener Literatur zur gesellschaftlichen, politischen und wirtschaftlichen Situation in Singapur Andrea Kath: 01.09.1963 - Singapur wird unabhängig WDR ZeitZeichen vom 1. “COVID-19 brings with it supply chain disruptions, but it also brings about opportunities for greater collaboration and partnership, both internally and externally,” Quah Ley Hoon, Chief Executive of MPA, said. Its location astride the three substantial economic growth regions of China, India, and ASEAN should provide Singapore with continued opportunities to grow. The Managing… Read More, The Port of Rotterdam has completed a successful trial of a new energy platform, Distro, which is the first in the world to combine blockchain technology, artificial intelligence and high-frequency commodity trading in a single platform. PIER71 VC partners include Bernhard Schulte INNOPORT, PACC Offshore Services Holdings (POSH), Pacific Carriers Limited (PCL), PSA unboXed and TNB Aura. The 3,000 cbm-capacity LNG London, which is owned by LNG Shipping, a cooperation between Victrol and Sogestran, is on long-term… Read More, In November 2020 the Patimban seaport is expected to open in Subang (West Java). Can’t find a product? BLOOMBERG. A large automated container terminal, named Tuas Port, is currently being built at the port, which will have the capacity to handle 65 million TEUs upon completion in 2040. Singapore Maritime … “PIER71 is part of our larger effort in developing deep-tech and industry-relevant programmes. Now into its fourth edition, the SPC aims to bridge opportunities in the maritime sector with innovative solutions that can be reimagined to accelerate digital transformation within the industry, especially in the context of COVID-19. A few decades later, the picture couldn’t be more different. Smart | 05/06/20. Over 400 technology start-ups from Singapore, China, Japan, Denmark, Netherlands to US have participated in SPC to date, with 32 of them receiving grant funding of over S$1.5 million in total to develop and test-bed their solutions. “COVID-19 brings with it supply chain disruptions, but it also brings about opportunities for greater collaboration and partnership, both internally and externally,” Quah Ley Hoon, Chief Executive of MPA, said. “As one of the world’s major shipping nations, Germany needs an LNG infrastructure for its shipping industry to prepare for the upcoming energy transformation,” said Ralf Nagel, Chief Executive Officer of the… Read More. The Port of Singapore's Keppel Smit shifts immobilized ships at the Port of Singapore's anchorages, stands by at disable vessels, and undertakes single-point mooring and unmooring operations. Over 400 technology start-ups from Singapore, China, Japan, Denmark, Netherlands to US have participated in SPC to date, with 32 of them receiving grant funding of over S$1.5 million in total to develop and test-bed their solutions. Singapore Maritime Institute (SMI) Funds. “The Smart Port Challenge comes in a time where start-ups join hands with the shipping companies to curate solutions to future-proof ourselves and build a more resilient maritime community; with the added venture capital funding steering more resources towards this important effort.”. Moreover, the Patimban seaport is designed to become the main… Read More, The Port of Hamburg on Friday (2 October) said the German Shipowners’ Association is welcoming investments in liquified natural gas (LNG) supply logistics. It is even more pertinent now in helping to address real-world problems that have been identified by our maritime corporates who are ready and able to adopt viable and innovative solutions,” Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said. Tuas port is expected to be the world’s biggest fully-automated terminal when completed. Gold holds near one-week high as US stimulus … It is even more pertinent now in helping to address real-world problems that have been identified by our maritime corporates who are ready and able to adopt viable and innovative solutions,” Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said. PIER71 VC partners include Bernhard Schulte INNOPORT, PACC Offshore Services Holdings (POSH), Pacific Carriers Limited (PCL), PSA unboXed and TNB Aura. Other Keppel Smit services in the Port of Singapore include firefighting, anti-pollution clean-ups, towage to nearby ports, and escorting ships for safe passage through the Malacca and Singapore Straits. “We now need to prepare for the new normal. SINGAPORE PORT- History Setup in the late 13th century Sir Stamford Raffles established a new port on 1819 Was a part of British colony until 1963 Separated from Malaysia in the year 1965 New terminals were established in the 1980s PSA International Ltd. was established on 1st October 1996 6. By Kelvin Osa Okunbor A Firm Atlantic Marine and Engineering Services Limited (AMES) has announced plans to invest N7 billion in the construction of an inland dry port in Benin City, Edo State. MINT Fund Call for Proposals. Copyright 2020 Industrial Digital Media, LLC PSA International Pte Ltd is one of the world's largest port operators. If your startup has such a solution, we want to hear from you! 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