The Maritime and Port Authority of Singapore (MPA), together with NUS Enterprise, part of the National University of Singapore (NUS), revealed the 12 start-ups from the Port Innovative Ecosystem Reimagined @ BLOCK71 (PIER71) Smart Port Challenge 2019 to receive grants funded by the MPA.
Each company was awarded $50k in grant money, which will enable them to conduct prototype development and test-bed their near market-ready solutions. Over the next 12 months they will work on pilot projects in collaboration with PIER71's maritime corporate partners. The chosen start-up' mainly focus on artificial intelligence (AI), virtual and augmented reality (VAR), blockchain solutions, robotics and wearables.
Once the projects are completed, they will be implemented by the respective partners. Ron Fong, Regional IT Manager, Teekay, representing one of the aforementioned partners, spoke about concrete benefits of these collaborations, "The use of Kanda's VR solution to simulate a safety procedure known as Lock Out Tag Out, will allow our crew to undergo training in a virtual tanker which is essentially a digital twin of the one they work on, without endangering their lives or damaging any equipment. We're also working with Cerekon to explore a remote support system, that will enable our onboard engineers to use voice-activated head-mounted wearables to safely and more efficiently conduct equipment maintenance."
Eight out of 13 of the previous grant recipients from Smart Port Challenge 2018 have successfully completed their pilot projects, with the remaining five nearing completion. Ship Supplies Direct, a start-up focusing on improving marine logistics and supply chain, has reported up to 30% reduction in delivery costs and up to three hours less waiting time per delivery through their pilot project with PSA International. Aeras Medical, a start-up with experience in the healthcare industry, also completed a three-month onboard trial with OMC Shipping. Their vital signs monitoring solution was used to monitor and manage crew health remotely, and achieved high adherence rate among the crew.
List of start-ups chosen in the 2019 challenge: ABEJA, ASA Development, C-LOG, Cerekon, Dravam, Kanda, KoiReader Technologies, Marified, Megapixel, Newton Services Research (local entity of Delvify), Performance Rotors, Tropical Renewable Energy Engineering (TREE).
Photo: A virtual environment based on a digital twin of a crude oil tanker developed by Kanda to simulate a Lock Out Tag Out safety procedure