Malaysia's major gateway, Penang Port has selected the berth optimisation engine of Portchain, a provider of Artificial Intelligence (AI) solutions, to optimise berth allocation and enable its customer to monitor berth status in real-time.
Portchain and Penang Port will partner in a project to improve berth planning at North Butterworth Container Terminal (NBCT) of Penang Port. Portchain’s Berth Optimisation Engine will digitise the planning process to optimise resource allocation and create a distinctive digital collaboration for employees and customers across the oldest port in Malaysia.
“Our platform and AI-driven optimisation algorithms will increase planning speed and accuracy allowing berth planners to increase terminal capacity or reduce operational costs,” noted Thor Thorup, CCO of Portchain, who went on to add, “It will also build trust and simplify communication by creating a common platform to share information in real-time with all stakeholders.”
Portchain will collect scheduling data, and planning staff at the terminal can evaluate different scenarios and their Key performance indicators (KPIs) to select the most cost-effective plan and quickly respond to new customer information.
The AI-driven optimisation software will further assist planning staff by automating resource allocation for all vessels simultaneously. "This will assist the planning staff in finding the optimal plan to increase capacity or reduce operational costs," said Portchain in its announcement.
Additionally, Portchain’s cloud-based software allows Penang Port and Portchain to collaborate and deploy the software fully remotely.
“With Portchain, we can create the next step in data-driven decision making to further improve operational efficiency. We will also create more transparency and improve collaboration with customers and internal stakeholders by connecting them all to the Portchain platform with real-time information,” commented Dato’ Sasedharan Vasudevan, CEO of Penang Port.