NxtPort has only just began its first services but Antwerp port is looking to use the platform to innovate and make efficiency gains. Two partners, Port Authority 75%, FPIM 25%, takes the form of capital plus a subordinated loan, together totalling US $6.2 million (€5.21 million). Aggregating data is important for the development of smart logistics processes.

Ports run thousands of processes at the same time, for example moving cargo from barge to quay or to a truck. All the players in these processes have relevant data but data sharing is rare, resulting in delays.

Port Authority CEO Jacques Vandermeiren said: “With our participation we seek to contribute towards the further development of NxtPort as an innovative data platform that will be a driver of logistical, maritime and industrial innovation in our port, as well as offering gains in efficiency.

“Big data is the fuel of the future economy, it is an engine of growth and change. So we have to back it in a big way. Daniel Lievens, CEO of NxtPort said: “In this way we along with the other port players can develop the port of the future, where digitisation opens the way to smart, cost-efficient logistics.

Daniel Lievens

“Last month we already introduced the first services with NxtPort, but we’re already looking beyond that.“We’re currently working on various practical applications for improving the Customs processes.

“In addition we’re looking at how we along with the forwarders, ship’s agents and shippers can make more effective use of the available capacity on the terminals, by giving the various players a better view of the route that the goods will follow on their way to the hinterland.

“In the meantime, improved handling of container barges is also on the list of projects in the short term.” “With NxtPort we aim to make this data transparent for all players in the supply chain.”Today’s onboarding of two public partners represents a strategic expansion of the platform for NxtPort, which was set up to improve the digital processing of the supply chains. Karel Plasman, chairman of NxtPort said: “It’s a very obvious move to set up such a platform in a port environment, where so many logistics chains come together.

“But elsewhere in Belgium there are many more logistics processes that can be digitally improved and made more efficient, and we aim to play a role in these too. “For instance, based on the concept of the port of the future we are also working on a digital platform for the smart logistics future of Flanders and Belgium.”

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