O3 Set Sail!
An Initiative by
Our corporate partners face quite a number of issues and challenges, on a day-to-day basis.
Hence, we are on the lookout for a variety of technological solutions ranging from chatbots, virtual reality tools to gamification ideas that could potentially solve these problems.
This year, the challenge statements are themed around two tracks: General and Artificial Intelligence (AI). Check out the details below.
Our business owners have shared more about their problems. Check the resources tab to hear what they have to say!
1. Virtual Walkthrough for Vessels
How can we break away from the conventional 2D drawings of vessels?
2. Digitalizing and categorizing contract terms
How can we effectively digitize the systematic processing and recording of our contracts with various vendors, which would enable future in-depth analyses?
3. Determining necessity of container inspection
How can we use technology to determine the condition of the container without physical inspection?
4. Efficient Data Exchange with non-system-integrated CFS
How can we exchange data accurately with non-system integrated CFS efficiently and promptly?
5. Visualization of roll trailer management
How can we accurately and efficiently manage and track roll trailers movements and conditions?
Looking to join in the AI track? Please note the alternative proposed schedule for the programme, subjected to updates. Submissions will also be done via a different platform.
1. Schedule reliability prediction using publicly available data
How can we make use of publicly available data to improve predictions in arrival times of liners?
2. Dynamic pricing based on all determinant factors
With short historical data and non-digital determinant factors, can we still adopt dynamic pricing?
3. Identification of high risk vessels based on open source intelligence
How can we gather enough information from open sourced intelligence to have a good oversight on the conditions of charter vessels?
General Track Timeline
We’ve extended the challenge deadlines for both the General and AI Track. Here’s the timeline for those working on the General Statements. Those interested in the AI track, check out “AI Challenges” tab.
Challenge Statements published
April – May
Online Workshops (In depth Q&A)
17 – 26 June
Closed door Semi-finals
Frequently Asked Questions
1) a simple introduction of the key team members and their background,
2) which problem statement you are working on,
3) a simple introduction of the technology behind your solution,
4) an explanation of how your solution will help to solve our problem. If there are additional details that you would like to share, please also upload it in the relevant sections. For those interested in the AI Track, we will update you in due time.
- Technical Competency
- Business Value
- User Experience
We will be unable to reveal the exact breakdown of the scores.
An Initiative by
Symphony Creative Solutions (SCS) focuses on changes that are happening right now in the Shipping & Logistics industry and strives to lead innovation by bridging industry with new technologies. As an innovative platform provider, we create business solutions that meet the needs of the industry and contribute to its development. We understand the hurdles in innovation and proactively seek partners to collaborate with, ultimately, to bring positive change to the Shipping and Logistics industry. Through Ocean of Opportunities (O3) Challenge, SCS aspires to identify and achieve the best and most effective solutions for the Shipping & Logistics industries.
For more information, visit www.scs71.com
With a fleet of 231 modern container ships and a total transport capacity of 1.7 million TEU, Hapag-Lloyd is one of the world’s leading liner shipping companies. The company has around 13,000 employees and 392 offices in 129 countries. Hapag-Lloyd has a container capacity of approximately 2.6 million TEU – including one of the largest and most modern fleets of reefer containers. A total of 121 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.
For more information, visit www.hapag-lloyd.com
The “K” LINE Group is an integrated logistics company based on a world-leading shipping business that not only owns and operates a wide variety of vessels, but also engages in land transportation business and warehousing business. They aim to achieve synergy for all in society and sustainable growth by making continuous efforts to ensure safe and reliable navigation and by tackling pioneering challenges to meet social needs, such as environmental preservation, so that it can continue to be needed as an operator of critical logistics and trade infrastructure that supports the affluent lives of people around the world in the next 100 years beyond its 100th anniversary in 2019.
For more information, visit www.kline.co.jp
ONE(Ocean Network Express Pte. Ltd.) is a major new global container shipping company, that came to market in 2018, and is offering an extensive liner network service portfolio covering over 120 countries with more than 240 vessels internationally. Its key focus is on enhanced service and innovation, supported by a highly professional and experienced staff organisation with a strong financial balance sheet. The past year has seen ONE implementing numerous innovation projects, both internally and externally.
For more information, visit www.one-line.com
Yusen Logistics is the insight-driven, customer-centric logistics partner to global business. They deliver this through an extended range of services from International Freight Forwarding and Contract Logistics to Supply Chain Solutions and Industry insights - covering the entire supply chain. As a company committed to building shared value with their customers, they invest in a deep understanding of their customers' business and markets, the challenges they face and the goals they want to achieve. With 24,000 employees covering 46 countries and regions and over 550 locations, they are connecting people, businesses and communities to a better future every day. In short, they create better connections for the future of business.
For more information, visit www.yusen-logistics.com
NUS Enterprise plays a pivotal role in advancing innovation and entrepreneurship at NUS. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. As Asia's Thought Leader for Innovation & Enterprise, its initiatives complement and add a unique perspective to NUS teaching and research at the University and beyond.
For more information, visit www.enterprise.nus.edu.sg
Incorporated in 2014, Padang & Co is a Singapore-based innovation catalyst, driving the future of work and innovation. We believe that helping large organisations and governments fulfil their innovation ambitions to drive sustainable growth will create a positive impact in this world. Padang & Co catalyses innovation in and with these organisations to solve big problems and develop opportunities in ways that are faster, cheaper, and more agile. We enable companies to utilise a range of innovation tools, forge partnerships with tech startups and innovators, and build Communities of Interest.
For more information, visit www.padang.co