MPA Singapore and IBM to push ahead with new maritime and ports analytics and data scheme
The Maritime and Port Authority of Singapore (MPA) and IBM are to begin rolling out a new analytics and data scheme aimed at improving maritime and port operations.
At the opening of the [email protected], the two announced that they have jointly completed the pilot trial of three modules under the MPA-IBM SAFER project.
Project SAFER, derived from “Sense-making Analytics For maritime Event Recognition,” is a collaboration between MPA and IBM to develop and test new analytics-based technologies, aimed at improving maritime and port operations to support increasing Singapore’s growth in vessel traffic.
Altogether, there are seven modules under Project SAFER which offer a host of new capabilities for automating and increasing the accuracy of critical tasks that previously relied on human observation, reporting, Very High Frequency (VHF) communication, and data entry. These seven modules include:
- Automated movement detection
- Infringement analytics
- Pilot boarding detection
- Bunkering analytics
- Prohibited area analytics
- Vessel traffic arrival prediction
- Utilisation detection and prediction
The pilot trial of the three modules that have been completed include automated movement detection, infringement analytics and pilot boarding detection. The rest of the modules will be rolled out by January 2018.
“We will continue to develop our digital strategies through the use of data analytics and machine learning technologies to optimise our port operations and enforcement to meet existing as well as future demands,” said Mr Andrew Tan, Chief Executive of MPA.
“The SAFER project will enable us to reap immediate benefits especially in the areas of next-generation port enforcement and monitoring of vessel movements.”
Robert Morris, Vice President, Global Labs, IBM Research: “AI is transforming every industry and the marine domain is no exception. The SAFER solution is an example of how IBM's AI research for business is supplementing and increasing human capacity by making our waterways and sea lanes safer and more efficient.”
MPA and IBM are still developing and testing the other four modules to provide advanced information on traffic density within Singapore port waters; detect illegal bunkering activities; detect vessels moving into prohibited areas; and predict vessel arrival time.
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.