• Home
  • News
  • Twelve challenge statements on maritime decarbonisation, port productivity and cyber resilience identified for Smart Port Challenge 2023
  • 2023 June 8 15:27

    Twelve challenge statements on maritime decarbonisation, port productivity and cyber resilience identified for Smart Port Challenge 2023

    The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), launched PIER71™’s  Smart Port Challenge (SPC) 2023 today at InnovFest x Elevating Founders 2023, the official start-up event of Asia Tech x Singapore.

    SPC 2023 was officially launched by Mr Niam Chiang Meng, MPA Chairman at the event comprising international start-ups, venture capitalists, and other corporate participants. The opening ceremony also featured a panel discussion on “Achieving Energy Transition in the Maritime Industry” with speakers from Kuok Maritime, SeaTech Solutions International, Sinoda Shipping Agency and SPC 2022 Special Mention winner SunGreenH2.

    Challenge Statements for SPC 2023

    SPC is an annual innovation competition to find the best ideas and solutions from technology start-ups to address challenges and innovation opportunities, put forth by the maritime industry. SPC 2023 has 12 challenge statements  spanning key areas such as maritime decarbonisation, smart port operations, and supply chain resilience.

    Technology start-ups based in Singapore as well as those based overseas are invited to submit their proposals by 31 July 2023.

    Shortlisted start-ups will be mentored by 21 maritime companies under the PIER71™ Accelerate programme and may be eligible for a MPA MINT-STARTUP grant of up to S$100,000. They will also receive support through PIER71™’s global network of partners. The top three winners for SPC 2023 will be awarded with cash prizes at the grand finals in November 2023. The PIER71™ programme has supported over 100 start-ups, and these start-ups have raised over S$50million in venture capital and MPA grant funding since the programme’s inception.

    In his video address, Mr Chee Hong Tat, Senior Minister of State for Finance and Transport highlighted that PIER71™ alumni had made their mark globally, adding that he was encouraged to see their growth and success as they expanded operations and scaled up their product offerings. He also called for aspiring entrepreneurs and technology start-ups in Singapore to join SPC 2023, to solve the most pressing challenges facing the maritime industry and to shape the future of Maritime Singapore.

    Mr Kenneth Lim, MPA’s Assistant Chief Executive (Industry & Transformation) said, “Going into its seventh year, the Smart Port Challenge continues to break down obstacles for innovations to be adapted and adopted in Maritime Singapore. Strong collaboration plays a vital role in supporting the transformation of the maritime industry, and we hope the gathering of PIER71™ alumni, our corporate partners, and VCs will continue to fuel the growth of the new Marinetech start-ups coming into PIER71™ this year”.

    Professor Chen Tsuhan, NUS Deputy President (Innovation and Enterprise), said, “We look forward to onboarding a new cohort of start-ups into the Smart Port Challenge PIER71TM Accelerate programme with the anticipation that they will bring forth exciting technologies and innovative solutions to address the maritime industry’s challenges. With support from the wider maritime ecosystem to nurture and promote their growth, we are certain that these start-ups and the wider PIER71™ alumni will unlock new possibilities in efficiency, safety and environmental sustainability that will make an impactful contribution to the maritime industry.”  

    Maritime Innovation and Technology (MINT)-STARTUP grant

    Five start-ups from SPC 2022 and SPC 2021 were also awarded the MINT-STARTUP grant  at the event. The grant will support prototype development and test-bedding of solutions to facilitate commercialisation. This brings the total number of grant recipients to 55. These five start-ups are collaborating with maritime corporate partners from PIER71™ on pilot projects that leverage data analytics, artificial intelligence, and upcycling of waste to produce high-value products, amongst others.

    PIER71™ expands its Venture Capitalist Network

    To further enhance the maritime ecosystem, PIER71TM Venture Capitalist Network will be expanded to include four new venture capitalists  with S$6 million in funds to support promising maritime start-ups. The four venture capitalists are Narwhale Ventures, Tradeworks.vc, Kibo Invest, and Paragon Ventures. This brings the total number of venture capitalists under the PIER71™ Venture Capitalist Network to 12.

2023 October 2

18:11 Kellas Midstream enters FEED for its H2NorthEast hydrogen project on Teesside
17:42 Corvus signs the first order for its gas-safe Pelican Fuel Cell system
17:26 Mitsubishi Shipbuilding delivers LNG Fuel Gas Supply System for LNG-fueled car carriers built by Shin Kurushima Dockyard
16:41 Australia’s first fully automated container terminal gets new automated STS cranes
16:13 GreenVoyage2050 project extended to 2030
15:56 Cnergyico imports Pakistan’s first private-sector Russian crude cargo
15:30 SCZONE receives 24 Japanese companies willing to invest in various sectors
14:45 Japan's fishing season delayed around Kunashiri Island
14:13 Cepsa begins distributing biofuels at the Port of Barcelona with the largest supply to date
13:45 Stellamar launches the second unit of a series of 12 plug-in hybrid coasters ordered by ESL Shipping's subsidiary
13:26 Aker Solutions, SLB and Subsea7 announce closing of the OneSubsea joint venture
13:07 Russian Gov’t gives go-ahead to the Arkhangelsk Transport Hub development project
12:58 ABS and Сrowley sign an agreement to jointly explore visualization technologies
12:31 Factory freezer trawler “Kapitan Sokolov” sets out for sea trials in the Gulf of Finland
12:14 thyssenkrupp and Wilhelmsen form joint venture for 3D printing in the maritime industry
11:42 Dammam call added to MSC’s India-East Med service
11:13 Jan De Nul orders XL cable-laying vessel Fleeming Jenkin
11:02 RZD’s YTD freight loading edges up to 926.8 million tonnes
10:42 Amur Shipyard is busy with Navy’s contract for 10 ships
10:14 Tsuneishi Shipbuilding receives an order for four methanol-fueled 5,900 TEU carriers
09:43 Shipping of cargo from Arkhangelsk to China via Northern Sea Route to become regular, local officials say

2023 October 1

15:43 Türkiye’s drillship kicks off drilling ops in Black Sea
14:13 Xeneta reveals year's first little upstick in long-term rates
13:21 Alma Clean Power, Odfjell and DNV to start testing of SOFC system for deep-sea shipping
12:19 Tor Group delivers the 65TBP Fi-Fi tugboat “Abdul 11” to NEOM
10:02 GTMaritime's secure maritime data communications software installed on 15,000 vessels

2023 September 30

15:08 Equinor ready to begin drilling work with Transocean rig
13:42 HII’s Ingalls Shipbuilding hosts Project MFG welding competition
11:17 Ports of Indiana generates $8.7 billion annual economic impact, supports 49,000 jobs, a study shows
09:53 TMF at ports of Los Angeles and Long Beach to increase 4% on November 1, 2023

2023 September 29

18:03 Holland America Line completes shore power connectivity installation across fleet
17:44 Terminal Cuenca del Plata investing $600 million Montevideo port expansion
17:25 EC Commission leads common efforts to improve state of Baltic Sea
16:36 New W-MAX Class LNG carrier for Petronas LNG delivered
16:04 Van Oord appoints new CFO
15:44 MOL takes delivery of very large LPG/ammonia carrier from Namura Shipbuilding
15:24 Vale and Petrobras sign Protocol of Intent to accelerate the development of low-carbon solutions
14:48 Skarv Shipping orders 4 short-sea low-carbon, multipurpose vessels
14:24 bound4blue to install three suction sails on Ville de Bordeaux
13:21 Port of London welcomes the world’s first methanol-fuelled container vessel
12:51 MacGregor to deliver a large order of RoRo equipment for two of the world´s first Pure Car and Truck Carriers using methanol
12:31 NYK to trial mooring system to suppress hull shaking with JERA and Trelleborg Marine Systems
12:14 Development Way arrives at Nakhodka Bay to start construction of chemical terminal
11:52 Praxis Automation receives an order from Rawabi Vallianz Offshore Services to equip the entire offshore fleet with dynamic positioning systems
11:25 Arkhangelsk and Olya seaports increased their throughput in 8M’23 by 58% YoY
11:15 Singapore named “Best Global Seaport” and “Best Seaport in Asia”
11:01 United Shipbuilding Corporation conducts audit of previously signed contracts
10:52 MABUX: Bunker Weekly Outlook, Week 39, 2023
10:44 ClassNK updates "Guidelines for Fuel Cell Power Systems On Board Ships"
10:20 Kalmar to supply Rotterdam Short Sea Terminals with six hybrid straddle carriers
09:59 Baltic Fleet's anti-submarine ships launch planned exercise
09:22 Baltic Fleet's ships conduct air defence exercise in naval station
09:13 MAN Energy Solutions receives an order from China Merchants Heavy Industry for six methanol GenSets

2023 September 28

18:07 ABS, Crowley agree to jointly explore advance augmented reality technology for maritime
17:44 Saudi EXIM Bank and Trafigura sign credit facility agreement
17:41 FESCO increased cargo transportation between Commercial Port of Vladivostok and Petropavlovsk-Kamchatsky by 6% YTD
17:13 Samskip and Boluda Lines join forces to launch new Spain-Ireland-UK service
17:00 Sakhalin-2 is ready to become a centre of competence for integrated field development
16:12 China ports container volume rises 4.8% from January to August 2023
16:06 Andrey Kostin asked RF Minister of Finance to “plug old financial holes” in USC
15:44 WinGD wins first approval in principle for ammonia two-stroke engine
15:23 Vopak repurposes existing infrastructure to support energy transition in California
14:53 VSE Corporation announces mutual agreement to terminate the sale of the VSE Federal and Defense segment to Bernhard Capital Partners
14:25 Sakhalin Energy enters into tripartite safety and security agreement
14:03 New Ro-Ro Vessel arrives at Shuwaikh Port following launch of Ro-Ro shipping service from Khalifa Port
13:56 CMA CGM orders eight methanol-fuelled containerships at Shanghai Waigaoqiao Shipbuilding
13:32 China Classification Society issues the first factory approval certificate for the marine methanol dual-fuel boilers
13:12 LR approves first methanol fuel cell system to be installed on an Italian yacht
12:55 Key focus of Day 1 of Global Fishery Forum & Seafood Expo Russia was on promotion of Russian products to various markets
12:41 Fincantieri delivers the third PPA “Raimondo Montecuccoli” in Muggiano