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 | OPPORTUNITY (Issue 18) Introducing Hutchison Ports ground-breaking Terminal Operating System, Veronica, which enable us to ‘do more with less.’ We look at the Kingdom’s bold vision for the future of maritime and trade; explore the latest development to the global smart supply chains; and a preview of Hutchison Ports latest sustainability plans for this year. |
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GMD UPFRONT MESSAGE
As we enter 2024 with renewed energy and optimism, I want to thank each one of you for your unwavering commitment and support of Hutchison Ports. Your dedication and hard work have been instrumental in enabling us to achieve several business expansions, and let’s look at them.
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INTRODUCING VERONICA
Constant technological transformation while maintaining reliable and robust operations have been a major part of Hutchison Ports’ strategic plan. This has been achieved through investment in innovative technologies over many years.
One of the most significant developments during the last 2 decades has been Hutchison Ports’ in-house proprietary terminal operating system (TOS) incorporating increased utilisation of automated equipment, remote control operation, digitalisation, terminal apps, blockchain technology, cloud computing and AI, as well as the introduction of autonomous trucks in true mixed traffic mode terminal operations.
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SAUDI ARABIA: FROM THE CENTRE OF ANCIENT TRADE TO A REGIONAL LOGISTICS HUB
The Kingdom of Saudi Arabia was the ancient centre of trade between Asia, the Middle East and Europe, with camel caravans laden with frankincense, myrrh, spices, silk and precious stones crossing ancient Arabia’s gruelling terrain.
This trade brought prosperity to the emerging port cities along the Arabian Peninsula’s western coast, and these routes fostered the exchange of goods and ideas across continents. Still today, relics and reminders of these important journeys can be seen in Saudi Arabia.
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DYNAMIC CHANGES DRIVING THE DEVELOPMENT OF THE SMART SUPPLY CHAIN
As customer expectations rise, traditional supply chain processes are no longer sufficient to meet the ever increasing on-time delivery demands driven by online consumer purchases. Industrial supply chains have similar pressures in order to be competitive by driving down costs through lower inventories, improved efficiency in processing, manufacturing and distribution.
Today there is a growing demand for production to be accelerated and the supply chain to be streamlined from the production of raw materials to final delivery. Global shipping has to adapt quickly and adopt progressive new technologies to keep pace with geopolitical changes, transportation disruption, near shoring and a shifting supply chain.
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Hutchison Ports Go Green programme achieves new record
In 2023, Hutchison Ports’ flagship global campaigns ‘Dock School’ and ‘Go Green’ has reached a record number of participants connecting with nearly 3,000 students, conducted over 100 activities and planted over 10,000 trees.
The flagship Dock School programme helps and support students to develop in a safe and healthy learning environment since its introduction in 1992.
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