Twelve Start-ups from PIER71's Smart Port Challenge Awarded S$600,000 to Bring Innovative Solutions to Maritime Market
SINGAPORE, May 4, 2020 /PRNewswire/ -- The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced that 12 start-ups from Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)'s Smart Port Challenge (SPC) 2019 have each been awarded S$50,000 in grant funding from MPA. The funding will enable the start-ups to conduct prototype development and test-bed their near market-ready solutions.
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
Over the next 12 months, the start-ups will be working on pilot projects in collaboration with PIER71's maritime corporate partners, who will provide subject matter expertise, test data, as well as a platform to test-bed their solutions. Their grant applications were assessed based on the viability of their solutions in addressing maritime challenges. Focusing on technologies such as artificial intelligence, virtual and augmented reality (V/AR), blockchain, robotics and wearables, these start-ups are:
- ASA Development
- KoiReader Technologies
- Newton Services Research (local entity of Delvify)
- Performance Rotors
- Tropical Renewable Energy Engineering (TREE)
Upon the successful completion of the projects, the maritime corporates will be adopting the final products/solutions. Mr. Ron Fong, Regional IT Manager of Teekay said, "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."
Ms. Quah Ley Hoon, Chief Executive of MPA, said, "Although the global COVID-19 situation has caused widespread disruption, we push ahead with innovation in the maritime sector. Singapore continues to support the use of emerging technologies to transform the maritime industry, uplift the way companies do their business and strengthen our resilience as a maritime nation. These grants represent MPA's commitment to supporting innovation as part of Singapore's Sea Transport Industry Transformation Map, and we are heartened by the results we've seen to date from previous grant recipients."
Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said, "Start-ups addressing innovation opportunities created through Smart Port Challenge are bringing solutions to real problems faced by the maritime industry. By leveraging the extensive pool of talent from the university, the global network of resources from NUS Enterprise, as well as industry partnerships through MPA, PIER71 is playing a pivotal role in bridging the gap between innovation and market needs."
Eight out of 13 of the previous grant recipients from Smart Port Challenge 2018 have 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.
For more information on the list of grant recipients, please refer to Annex A.
Founded by the Maritime and Port Authority of Singapore (MPA) and the National University of Singapore (NUS), through its entrepreneurial arm NUS Enterprise, PIER71 (Port Innovation Ecosystem Reimagined at BLOCK71) aims to grow Singapore's maritime innovation ecosystem. PIER71 boosts innovation in the maritime and maritime-related industries by attracting talents, creating opportunities for the exchange of knowledge and ideas, attracting investments into start-ups and accelerating ventures.
PIER71 designs and delivers programmes to uncover opportunities within the industry and supports entrepreneurs from ideation to acceleration of their ventures. PIER71 provides access to various markets, demand drivers, technology solution providers, investors and more. PIER71 also represents a budding and increasingly vibrant ecosystem of stakeholders who are keen to digitalise and create the next wave of maritime innovation.
For more information, please visit https://pier71.sg
About the Maritime Port Authority of Singapore (MPA)
MPA was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre, and to advance and safeguard Singapore's strategic maritime interests. MPA is the driving force behind Singapore's port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.
For more information, please visit https://www.mpa.gov.sg/web/portal/home
About National University of Singapore (NUS)
The National University of Singapore (NUS) is Singapore's flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 17 faculties across three campuses in Singapore, as well as 12 NUS Overseas Colleges across the world. Close to 40,000 students from 100 countries enrich our vibrant and diverse campus community.
Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 29 university-level research institutes, research centres of excellence and corporate labs focus on themes that include energy, environmental and urban sustainability; treatment and prevention of diseases common among Asians; active ageing; advanced materials; as well as risk management and resilience of financial systems. Our latest research focus is on the use of data science, operations research and cybersecurity to support Singapore's Smart Nation initiative.
For more information on NUS, please visit www.nus.edu.sg
About NUS Enterprise
NUS Enterprise, the entrepreneurial arm of NUS, plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. These initiatives augment and complement the University's academic programmes and acts as a unique bridge to industry well beyond Singapore's shores.
For more information, please visit https://enterprise.nus.edu.sg
Annex A: Grant Recipients for Smart Port Challenge 2019
FOCUS AREA: Efficient & Intelligent World Class Next Generation Port
ABEJA is one of the first start-ups specialising in Machine Learning (ML) and Deep Learning (DL) in Asia. The organisation has deployed over 200 Artificial Intelligence (AI) projects across various industries and specialises in implementing computer vision solutions. For the maritime industry, ABEJA is using video analytics and deep learning to automate many routine tasks that are manual and tedious. With improved operations, companies can help their employees achieve greater productivity and focus on higher-level endeavours. Backed by investors including Google, Nvidia, Salesforce, ABEJA was the only Japanese start-up to be commended by CB Insights (AI 100: The Artificial Intelligence Start-ups Redefining Industries).
2. KoiReader Technologies
Checking and cross-referencing financial and declaration documentation is a labour-intensive process in the maritime industry. KoiReader has developed an innovative machine learning visual recognition system that extracts contextual data from documents (image and text) and enters it into legacy and ERP systems as actionable operational data. This improves the accuracy of filling up logistics data for regulatory clearance, brings down the cost of document processing from US$2.50 to less than few cents per page, and reduces operational risks such as those associated with mis-declaration of dangerous goods.
A massive amount of communication goes on as part of daily vessel operations. However, the absence of a system to track and tag real-time and past information makes the retrieval of historical data difficult and time consuming. Harnessing its rich development experience, Megapixel has developed a solution called Globarius which has already been successful in the construction industry and is being adapted for the maritime industry to provide port/terminal operators with a knowledge repository, using progress tracking tools to collect, organise and report data.
FOCUS AREA: Smart Fleet Operations & Autonomous Vessels
1. ASA Development
ASA Development, through a decade of refinement and testing, has created the Contego Productivity Platform, a tool that has helped many organisations improve their operational efficiency, through standardisation of process and centralisation of data from remote sites. Contego Audit has helped many offshore and maritime companies make sense of previously fragmented processes. Contego Document Management has enabled organisations to mobilise management systems so all company information is at the fingertips of the people who need it the most. ASA's team is dedicated to making the maritime industry more efficient through the use of tools that make life easier.
C-LOG is pioneering data collaboration in the maritime industry by making inter-organisational sharing of crew documentation easier and faster while respecting the data privacy of the seafarer. Addressing a challenge to develop a crew-centric platform that supports self-management and career development within the maritime industry, C-LOG is creating a solution that digitises current paper-based processes by leveraging blockchain and artificial intelligence (AI). This would save the maritime industry between 30-50% of costs related to handling crew documentation.
Efficiency, safety and productivity are key concerns when it comes to the inspection and maintenance of vessels, particularly entire fleets. As a smart wearables solution provider, Cerekon's AI based, "Voice-driven Handsfree Inspection & Remote Support System", enables field personnel to conduct inspections, capture issues, conduct audits, diagnose problems and train staff, without the use of handheld devices or paper based systems. By wearing the specially designed wearables, personnel can safely conduct audits, identify leakages/cracks, access digital checklists, auto-generate job reports, by using simple human voice commands and live stream their work to seek remote assistance, without the need for bulky devices, leaving their hands free to carry tools/equipment or hold on-to hand rails for safety.
Dravam's innovative fuel quality monitoring solution is an early detection system, scanning the entire bunker transfer for contaminants and currently providing near real-time information about the fuel quality. Installed seamlessly onto a vessel, this patented solution increases efficiency and assurance of bunkering operations, and addresses the industry's need for faster fuel quality testing. With Singapore being the world's first port to implement mass flow metering, to ensure quantity of bunker, the implementation of enhanced quality monitoring will enable Singapore port to ensure "Q&Q" (Quantity and Quality) of the bunker fuel.
Kanda is creating virtual and augmented reality platforms, coupled with machine learning to address the high costs associated with hiring and training within the maritime industry. Using a photorealistic digital twin of an entire tanker, Kanda is building a virtual reality training session that allows crew members to move around the simulated tanker. Kanda has also created a unique technique that uses machine learning and situational judgment to validate how well a candidate's response correlates to performance as part of the recruitment process.
Building on the success and traction its parent company, Edufied, had gain with its blockchain-based storage and verification solution for the education industry, Marified has created a digital wallet that secures a seafarer's certifications against forgery and is accessible from anywhere in the world. This could reduce the administrative loads of Flag States, port clearance authorities, ship owners, ship management companies and training centres by 90-97%. The use of blockchain technology also reduces the risks associated with hacking of current digital solutions.
7. Newton Services Research (local entity of Delvify)
Delvify builds and runs predictive AI models for businesses. Using state-of-the-art, built in-house Artificial Intelligence (AI) tools including computer vision, natural language processing and automated speech recognition we help maritime enterprises clean, categorise and analyse their data to optimise operational processes. We take data such as past customer actions, combine it with third party data to create a forecasting and decision-making platform to recommend actions to vessel operators looking to optimise roll-pools, pricing and loadings.
8. Performance Rotors
In-hull ship inspections are both time-consuming and risky due to confined spaces, heights, lack of oxygen or presence of toxic or flammable gasses. By bringing their confined drone technology with AI defect identification and non-destructive testing (NDT) to the maritime industry, Performance Rotors can help to minimise such risks and costs. Their method uses NDT technology in addition to video, to allow for detailed inspection, digitalisation, data science and management, which leads to easier comparison of results for better prediction and maintenance programme formulation.
9. Tropical Renewable Energy Engineering (TREE)
TREE supports Singapore's green port initiative by providing novel and innovative solutions towards Digital twin based marine asset health monitoring with real-time capability. TREE's underwater drone-based solution aims to minimise downtime of marine assets by providing early information on potential failures of marine assets, to take timely preventive actions much faster than conventional maintenance methods. TREE also specialises in resource mapping and environmental impact of water bodies and coastal locations using novel sensor integrated surficial robots that provides vital information such as seabed bathymetry, water quality and tidal flow and wave conditions.
Related Links :