MEDIA RELEASE

SGTraDex extends digital logistics innovation MoU with key partnerships fromshipping lines.

Singapore, 18 August 2023 – A Memorandum of Understanding (MoU) waspenned between SGTraDex and shipping lines OOCL, PIL and ONE as an extension
to the Digital Collaboration for Logistics Innovation MoU signed earlier on 11 July
2023 with partners PSA Corporation Ltd, CargoERP, Innosys, Keyfields, Haulio,CDAS, SLA and STA.

Expanding on the original MoU
The original MoU led the initiative to create a data-driven logistics ecosystem bydriving the adoption of digital solutions and data connectivity through SGTraDex withkey land logistics players and industry solution providers.
This digital ecosystem will make avail increased data sharing and interoperability
within the logistics sector that which seeks to improve visibility and traceability incargo and asset movements, thereby enhancing overall efficiency across the supply
chain.
Building upon this initiative, SGTraDex has extended its efforts by forging newpartnerships with shipping lines ONE, OOCL and PIL. This extension adds a crucial
dimension to the collaboration since shipping lines are pivotal in the global logistics
ecosystem.
Ms. Thaw Yee Leng, Head of Market Development, SGTraDex said “The expansionof the collaborative endeavours to encompass partner shipping lines is a natural step
towards accelerating value realisation of an end-to-end digitalisation of the supply
chain for the ecosystem. With shipping lines’ role as originators of critical datasets
and as key influence and orchestrator of the supply chain, this extended MoU
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underscores our joint commitment towards strengthening interconnectivity with
supply chain partners and fostering efficient trade flows.”

What the extended MoU calls for
The extension calls for all signatories to play pivotal role as key industry movers,
actively promoting data sharing initiatives to foster digital processes, data reuse, andencourage innovation with the collective aim to uplift the supply chain community
towards a more inclusive and connected ecosystem.
Signatories will also play an active role in engaging and educating their customers
and partners about the advantages of data exchange. This effort aims to createawareness and encourage the seamless flow of data for optimised supply chainoperations.
Additionally, in its role as a neutral party, SGTraDex will actively moderate theinterests of shipping lines and key stakeholders within the supply chain community.
This will be geared towards driving the adoption of data standardisation - a crucial
element in enhancing interoperability and overall efficiency.
The collaboration will also involve the identification of growth areas within the supply
chain landscape. This exploration will be conducted in collaboration with thesignatories, with the goal of uncovering new opportunities for innovation and digitalconnectivity.
Mr. Kosuke Wada, Executive Vice President, ONE said “Our commitment tocollaboration and innovation drives us to aligns with the expanded MoU’s call for
seamless data exchange and enhanced efficiency within the supply chainecosystem. This partnership underscores our dedication to creating harmonious
collaboration and operational optimisation, propelling the supply chain ecosystem
into a new era of connectivity and resilience.”2

Shipping lines a key pillar for supply chain digitalisation
Shipping lines play a fundamental role within the supply chain ecosystem aslinchpins of international trade. By serving as critical nodes that facilitate theseamless exchange of goods internationally, shipping lines operate as theconnective tissue between various parties in the supply chain, ensuring that products
reach their intended destinations in a timely and efficient manner.
Mr. Leslie Yee, General Manager Information Systems, PIL said, "At PIL, ourdedication to innovation resonates with the extended MoU's focus on data exchange
and interoperability. This collaboration aligns with our mission of ‘Driving
Connectivity’ for the supply chain ecosystem to enhance customer experiences. We
look forward to working alongside SGTraDex in identifying opportunities ondigitalisation and data sharing to create value for the supply chain community.”This unique position means shipping lines are positioned to rally and demonstrate topartners the value of data interoperability and visibility, which translates to enhanced
decision-making capabilities and service delivery for the adjacent organisations.
Mr. Richard Hew, Managing Director, OOCL (Singapore) Pte Ltd said “OOCL iscommitted to serving our customers better. We are thrilled to be a part of theextended MoU that underscores the importance of data interoperability. Thiscollaboration aligns with our goal of enhancing our Singapore customers'experiences. By identifying growth areas and exploring innovative digitalconnectivity, we contribute to the local ecosystem to foster a future of optimised
supply chain operations.”
By leveraging on SGTraDex, shipping lines can also effectively harness their data
resources and streamline data flows to ensure optimal logistics operations. The
benefits of this collaboration are far-reaching and impact logistics players bothupstream and downstream.

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Notes to Editor:
Group Photo:Standing: Mr Tan Chin Hwee, Chairman, SGTraDex Services
Seated from left: Mr Michael Wan (Manager, Global Project Implementation andProcess Transformation, OOCL), Mr Kosuke Wada (Executive Vice President, ONE),
Ms Thaw Yee Leng (Head of Market Development, SGTraDex Services), Mr Leslie
Yee (General Manager, IT, PIL)

About SGTraDex
Launched on 1 June 2022, the Singapore Trade Data Exchange (SGTraDex) is adigital utility that facilitates the sharing of data between supply chain ecosystem
partners, streamlining information flows through a common data highway where data
can be shared in a trusted, secure and inclusive manner.
SGTraDex uses proprietary technology anchored through a public-private
partnership model to resolve pain points in supply chain ecosystems including a4

heavy reliance on a paper-based system which lacks efficiency, transparency andsustainability. The move to digitise information will increase productivity and build
supply chain resilience. New efficiencies and opportunities will be unlocked whenecosystem partners can collaborate to achieve a shared visibility of the end-to-end
supply chain. For more information, visit sgtradex.com
Media Contact
Alvin Teu
Marketing Manager, SGTraDex
alvin.teu@sgtradex.com

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