Feb 14

BEST bets on A.I with AllRead

All Read, specialized in computer vision and artificial intelligence technologies, has been selected by Puertos 4.0 fund, promoted by Puertos del Estado. The recognition system is used for port traceability, safety and logistical control.

Hutchison Ports BEST has been one of the main promoters of this project.

BEST has provided AllRead with its structure, its know-how and the use of its server to carry out testing. The system, developed by AllRead and implemented at BEST terminal, identifies containers and wagons entering the port by train in real time, with a reliability of 99% with only two cameras. Furthermore, AllRead has been awarded financial resources that will be used to continue developing the technology and expanding the team.

HUTCHISON PORTS COMMITS TO SETTING SCIENCE-BASED TARGETS TO REACH NET-ZERO BY 2050

Hutchison Ports is officially committed to setting both near-term and net-zero targets in line with the Science Based Targets initiative’s (SBTi) net-zero standard. We aim to set ambitious emissions reduction targets in line with the latest climate science according to SBTi and reach net-zero greenhouse gas (GHG) emissions by 2050.

Recognising the risks and opportunities associated with climate change, Hutchison Ports is committed to developing a decarbonisation strategy across the Group. A net-zero strategic roadmap has been developed which takes into account the past emissions pattern, future plan on electrification of fleet, adoption of renewable energy and alternative fuel.

Through this commitment, Hutchison Ports also becomes part of the Business Ambition for 1.5°C and Race to Zero campaigns.

Click here to know more about SBTi.