CEC Systems collaborates on collapsible containers
Ninety per cent of world trade is carried by sea, with millions of containers shipped and stored every day. The transport and logistics industry spends billions each year in the management of containers, including transporting, handling and storing empty containers.
Australian industrial technology developer CEC Systems is on a mission to improve efficiencies and technologies in this global industry. The company's main technological innovation is COLLAPSECON®, the world's first semi-automated collapsible container.
CEC Systems was part of the second cohort at the Australian Government's Singapore Landing Pad, which is designed to provide market-ready startups and scaleups with an operational base of up to 90 days in the heart of Singapore's startup ecosystem, along with tailored business development assistance and introductions to potential partners, investors and contacts.
Following CEC Systems' acceptance into the Landing Pad program in June 2017, the company announced a new collaboration with the Singapore Institute of Manufacturing Technology (SIMTech), a research institute of the Singapore Government's Agency for Science, Technology and Research.
CEC Systems is working to enhance COLLAPSECON®, a shipping container that enables four empty units to be collapsed and combined to form a single container. Its patented design reduces handling, storage space and transportation costs. CEC Systems' collaboration with SIMTech may help improve the design of the shipping container, giving the company time to investigate alternative manufacturing processes such as environmentally friendly and cost-effective lightweight materials.
'SIMTech has worked on projects across diverse industries and is well-equipped to offer us expertise that surpasses the typical level of support made available to companies of our size,' says Nicholas Press, CEO, CEC Systems.
'This collaboration also demonstrates the importance of technological innovation in the shipping industry, and we are greatly honoured to have this opportunity to work with SIMTech in our drive for real innovation and efficiency in our industry.'
Dr Lim Ser Yong, Executive Director of SIMTech, adds that this public-private research and development project leverages SIMTech's capabilities in lightweight manufacturing.
'We hope to help shipping companies close technological gaps so their productivity and efficiency levels can be improved, and businesses made more competitive, through product and process innovation,' he says.
'We are also happy that this collaboration will pave the way for CEC Systems' plans to build up its R&D capabilities and increase its presence in Singapore, and we look forward to working with them.'
The collaboration highlights the value of the Landing Pad in creating commercialisation prospects for Australian innovation. Encouraging Australian startups to exchange ideas with high-calibre Singapore entities to develop new technologies is an example of what can be achieved with the help of the Landing Pad.
Press says CEC Systems' acceptance into the Landing Pad marked the start of its global expansion.
'As a technology company working in the shipping and logistics industry, we identified early on that Singapore was a key location that we had to expand into,' he says. 'Singapore has always been known as a global shipping hub, and for CEC Systems it is crucial that we position ourselves where the key decision makers are.'