KEPPEL, MPA AND TCOMS TO DEVELOP AUTONOMOUS VESSELS

April 27, 2018

Keppel Offshore & Marine (Keppel O&M) has signed a Memorandum of Understanding (MOU) with the Maritime Port Authority of Singapore (MPA) and the Technology Centre for Offshore and Marine, Singapore (TCOMS) to jointly develop autonomous vessels for a variety of applications including undertaking harbour operations such as channelling, berthing, mooring and towing operations.
In the context of ports, the development and application of remote or autonomous vessels could potentially automate operations and enhance safety and productivity. Such developments and pilot projects will contribute to Singapore’s experience and act as demand drivers for local capability development in selected areas.
Keppel O&M will use its remote vessel monitoring and analytics programme, VesselCareTM, as the base platform in the initial phase to develop autonomous vessels. VesselCareTM is able to perform data consolidation, condition based monitoring and maintenance, mining and analytics of vessels.
Mr Chris Ong, CEO of Keppel O&M said, “As a leader in the design and construction of specialised vessels, we have been developing advanced remote monitoring and analytics systems for vessels. We are pleased to partner MPA and TCOMS to take the next step in developing fully autonomous vessels. The industry is keen to explore the commercial use of autonomous vessels as there are multiple safety, efficiency and cost benefits. This partnership demonstrates Keppel O&M’s commitment to be at the forefront of research and provide the latest cutting-edge technologies to our customers.”
During the advanced stages of monitoring and controlling a vessel, the project will develop a Digital Twin of the tug which will simulate vessel behaviour to help optimise the vessel operations using data analytics and visualisation tools. TCOMS will provide expertise in coupled physical-numerical modelling and simulation to evolve solutions that improve on the predictability and control of the behaviour and response of the vessel.
As the maritime industry moves towards leveraging technology to produce more autonomous vessels & operations that is safer, faster, and more cost-effective, one potential application is the regional harbour fleet of crafts including tug boats, pilot boats and ferries, among others.
The above MOU is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.