ABB Signs Contract With Keppel Offshore & Marine
October 21 2019 - 5:54AM
Dow Jones News
By Kim Richters
ABB Ltd. (ABBN.EB) said Monday that it has signed a contract
with the offshore and marine division of Keppel Corp. (BN4.SG) to
develop technology for autonomous vessel operations.
The Swiss engineering company said it will jointly work on
autonomous vessels and specifically a tugboat--used to push or tow
other vessels in harbor areas--with a technology arm of Keppel
Offshore & Marine.
The project will be tested in the port of Singapore and is
expected to kick off autonomous vessel operations there at the end
of 2020, the company said.
"The intent of our technology is not to entirely remove the
crew, but rather to relieve the crew from the tasks than can be
automated and thus enable them to perform at their best during
critical operations," said Juha Koskela, managing director of ABB
Marine & Ports.
The company didn't comment on the financial details of the
contract.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 21, 2019 05:39 ET (09:39 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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