COSCO Shipping Ports (CSP) Spain has partnered with the international technology start-up Blockshipping to leverage Artificial Intelligence (AI) technology aiming to improve the efficiency and operability of movements in the yard of their terminals.
The need for improvement in container terminal operations has been evident in recent years as congestion continues to impact global transportation, according to Blockshipping, which said that “with growing container stacking heights, the urgency to quickly find better ways to utilise the available capacity is increasing.”
Mogens G. Hansen, CEO of Blockshipping, commented, “Advanced terminals have started to look at the efficiency gains that can be achieved with AI. Having been entrusted by one of the largest operators in the world is a sign of confidence in our solutions. Our Cloud-based AI-IDP solution has proved capable of predicting the expected container gate-out time with more than 50% accuracy, leading to significant cost savings in unproductive moves, and, because our predictions are provided prior to discharge, they enable CSP Spain consistent improvement in their yard planning.”
CSP Spain’s container throughout has increased by 8.1% in the first two months of 2022 and the cooperation with Blockshipping is expected to optimise its import operation.
Ignacio Huet Grondona, CIO of CSP Spain, explains, “The targeted AI approach developed by Blockshipping and their proven results, combined with our strong innovation vocation, convinced us that this is the best alternative for us. In addition to improved yard efficiency and being able to handle more containers within our existing capacity, we expect the solution will help us make a significant reduction in our CO2 emissions.”
