AsiaTech

NYK creates logistics tech startup in Singapore

Japanese shipping giant Nippon Yusen Kaisha (NYK) has agreed to team with Weathernews and Kozo Keikaku Engineering to establish a new company, Symphony Creative Solutions (SCS) in Singapore.

SCS is being created to develop and market next-generation solutions in the shipping and logistics fields by expanding on the scope of the Symphony Project, a jointly developed effort formed in July 2014 to promote solution services centering on the auto logistics business in Asia.

The new company has been created, NYK said in a release, “considering the rapid evolution of technology, specifically with the Internet of Things (IoT), and aiming to design further innovative solutions that meet advancing on-site needs in logistics”.

In the area of solutions development, a “lean startup methodology” which is based on an entrepreneurial business work-style often undertaken in Silicon Valley, will be employed. The SCS head office will be located at Block 71, Singapore, known as a hub for IT venture companies in Asia.

 

Tags

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button
Close
Close