NYK Group Panel Discussion with NUS Enterprise Cultivates Open Innovation in the Shipping and Logistics Industry

April 17, 2018

Kosuke Wada, senior vice president of ONE
Symphony Creative Solutions Pte. Ltd. (SCS),* an NYK Group company, in cooperation with the National University of Singapore (NUS), through its entrepreneurial arm NUS Enterprise,** held a panel discussion on March 23 at BLOCK71 Singapore*** to promote open innovation in the shipping and logistics industry.

At the event, Kosuke Wada, senior vice president of Ocean Network Express Pte. Ltd. (ONE),**** introduced ONE’s strategy for innovation and spoke about major issues in the container business. Another speaker presented the latest information on artificial intelligence (AI) and machine learning technology, and provided an example of AI being used in the shipping industry. A lot of questions about issues in the container business were asked from participants who filled the seminar hall

Since last year, SCS has organized four similar events to provide information about the shipping and logistics industry to startups in BLOCK71. Communication with the startup community is ongoing, and today a kickoff event for the Ocean of Opportunities Challenge (O3 challenge; http://ooo.sg/) was held at BLOCK71 for the purpose of creating new value through open innovation.

In accordance with its new medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to create new value by making use of the latest digital technology for innovation in the shipping industry.

* Symphony Creative Solutions Pte. Ltd.
Jointly established in Singapore in March 2016 by the NYK Group, Weathernews Inc., and Kozo Keikaku Engineering Inc. to develop and market next-generation solutions in the shipping and logistics fields.

** NUS Enterprise
The entrepreneurial arm of the National University of Singapore (NUS)plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mindsets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets.

*** BLOCK71 Singapore
Located in the Ayer Rajah industrial estate in Singapore, BLOCK71 is an ecosystem builder and global connector that aggregates and catalyses the startup community.

**** Ocean Network Express Pte. Ltd.
A Singapore-based global container shipping company that began operations on April 1 by integrating the container businesses of Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha.

- Reference

Announcement on March 8, 2018, “Panel Discussion Examines Use of Advanced Technology in Container Business,”

Announcement on February 6, 2018, “Panel Discussion with NUS Enterprise Examines Use of Advanced Technology in the Maritime Industry,”

Announcement on December 12, 2017, “Panel Discussion Held with NUS Enterprise to Promote Innovation in Shipping and Logistics,”

Announcement on October 25, 2017, “Start-up Supported by NYK Group Wins Top Prize at Singapore’s Smart Port Challenge 2017,”

The news on this website is as of the date announced and may change without notice.