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Project Reference:	ITP/055/24LP
Project Title:	Uncovering the Dynamical Landscape of Shipping Networks through Big Data Analytics
Hosting Institution:	LSCM R&D Centre (LSCM)
Abstract:	The project is segmented into two parts. The first section concentrates on developing four analytical tools that utilize Automatic Identification System (AIS) data. These tools aim to extract information regarding vessel port visit sequences, occurrences of skipped or added ports, and the evolving spatial features within global shipping operations across different time periods. The subsequent part employs machine learning models to evaluate how shipping variables, which mirror the economic dynamics of the shipping sector, influence changes in freight rates and to scrutinize the effects of geopolitical factors. The deliverables aim to enhance understanding of shipping operations, predict freight rates, and provide valuable insights into the influence of geopolitical events on the shipping industry.
Project Coordinator:	Dr Venus Lun
Approved Funding Amount:	HK$ 2.77M
Project Period:	1 Feb 2025 - 31 July 2026

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LSCM: Logistics and Supply Chain MultiTech R&D Centre in Hong Kong

Logistics and Supply Chain MultiTech R&D Centre (LSCM) is Hong Kong’s leading Centre of technology research and development (R&D) across numerous sectors, both public and private. Since its founding in 2006, LSCM has been dedicated to fostering technological innovation to enhance the efficiency in the logistics and supply chain industries.

The role of Logistics and Supply Chain MultiTech R&D Centre (LSCM) in Hong Kong and Beyond

Hong Kong is considered as one of the world’s leading logistics hubs. LSCM aims to reinforce this position through the continuous enhancement of technological facilities within areas of logistics, supply chain, artificial intelligence, and e-commerce, etc.

Always on the move, LSCM seeks to ensure Hong Kong keeps up on a global scale, cementing our place on the world stage as a progressive adopter of innovative technology. With an extensive range of projects developed over the years, LSCM nurtures ideas for growth not only in Hong Kong but also in Mainland China.

Facilitating Innovation Across Multiple Industries

To promote economic growth through heightened efficiency, LSCM has spurred the development of numerous cutting-edge technologies, including supply chain technology, robotics technology for logistics, and an AIoT Chinese Medicine dispensing and delivery system. These projects were undertaken to not only enhance efficiency, but also to provide effective solutions for the ageing problems across multiple industries in Hong Kong.

LSCM has a wealth of case studies in our database. These range from sophisticated virtual reality training modules to secure E-Lock system and E-Cheque Wallet applications, and many more. Our case studies showcase the impact of technology deployment on different sectors, demonstrating how a seemingly simple idea can transform the entire industry operations.

Future Development of Logistics and Supply Chain MultiTech R&D Centre (LSCM)

Moving forward, LSCM will work closely with the Government, academia and the industry in Hong Kong to continuously foster the development and adoption of technological innovations that address emerging supply chain and logistics challenges. As part of this effort, we prioritise building a community that focuses on collaboration to accelerate the progress.

To become part of our committed community of leading researchers and professionals, take a look at our membership program. There, you’ll discover various networking opportunities for your enterprise. Ranging from events for exposure and networking, through to cutting-edge researches for technology advancement, our membership program is the best way to enjoy LSCM’s extensive services.

If you have any questions about what we do, how we do it or anything else, feel free to contact us.