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.