PSA LAUNCHES LIVING LAB FOR PORT AND LOGISTICS INDUSTRY

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 close 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 solutions 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. Operationallyready
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 Incubator
program, which seeks innovative solutions from start-ups to revolutionise container
terminal operations, streamline global supply chain logistics, and enhance the efficiency of
international trade with better visibility and security.
Mr Yeoh Keat Chuan, Managing Director, Singapore Economic Development Board, said,
“We are happy to support PSA Corporation in their effort to explore next generation
solutions that will secure the future Tuas Port’s competitiveness and Singapore’s position
as a global logistics hub. This exciting opportunity to co-develop and test-bed innovative
port solutions at the world’s leading port will encourage other leading companies to partner
PSA and look to Singapore as a location for value creation.”
Mr Andrew Tan, Chief Executive, Maritime and Port Authority of Singapore, said, “We are
pleased to work with PSA to strengthen its capabilities to be a world class port. We believe
that the success of Maritime Singapore hinges upon our ability to leverage on good people
together with cutting-edge technology to enhance our competitiveness. A strong hub port
will help strengthen our efforts to develop Singapore into a leading International Maritime
Centre, and PSA must stay ahead of the game to remain relevant.”

Mr Ong Kim Pong, Regional CEO Southeast Asia, PSA International, said, “PSA is
pleased to partner EDB and MPA to provide an enabling environment to nurture and grow
potentially game-changing innovations and technologies for the container port sector. As
Singapore consolidates its container port activities in Tuas from the next decade, it is
imperative for PSA to become even more efficient, innovative and productive to be futureready
and contribute to the country’s status as a global hub port.”
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.