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CyberLogitec and BNCT to deploy AI-based safety monitoring system at Busan New Port

Business

CyberLogitec and BNCT to deploy AI-based safety monitoring system at Busan New Port
Business

Business

CyberLogitec and BNCT to deploy AI-based safety monitoring system at Busan New Port

2026-01-06 15:30 Last Updated At:16:15

SEOUL, South Korea, Jan. 6, 2026 /PRNewswire/ -- CyberLogitec has signed an agreement with BNCT, operator of Busan New Port Terminal 5, to implement an AI-based port safety monitoring and control system aimed at reducing collision risks between mobile equipment and personnel during terminal operations.

The project focuses on strengthening preventive safety management by continuously monitoring operational risks in real time and enabling proactive intervention before incidents occur. The partners aim to establish a round-the-clock, accident-free operating environment, reflecting the growing emphasis on safety as ports become larger, more automated and operationally complex.

BNCT has been reviewing alternatives to traditional, incident-driven safety practices as part of its broader efforts to improve on-site safety standards. The decision to adopt CyberLogitec's solution follows an industry-wide reassessment of safety management, prompted by a series of serious accidents at port terminals in Korea and internationally in recent years. As a result, intelligent safety management systems capable of identifying and managing risks in advance are increasingly viewed as a core requirement rather than an optional add-on.

CyberLogitec's safety monitoring platform combines AI-based video analytics, high-precision positioning technology and digital twin capabilities to deliver real-time situational awareness across the terminal. Data from mobile equipment, workers and traffic flows is integrated into a unified monitoring environment, allowing potential hazards to be detected early and alerts to be issued immediately via control room dashboards and on-board terminals.

The system uses RTK (Real-Time Kinematic) positioning to track mobile equipment with centimetre-level accuracy, while deep learning-based AI CCTV continuously analyses operational scenes to assess risk levels. When a hazardous situation is identified, warnings are automatically delivered to operators through vehicle-mounted terminals (VMCs). RTK devices will be deployed across 70 mobile assets, while 28 AI-enabled CCTV cameras will be installed on 14 STS cranes. The system is scheduled to enter full operation in August 2026.

A CyberLogitec representative said the project represents "a shift from reactive safety management toward a data-driven, predictive operating model," adding that the company plans to continue expanding AI and digital twin enabled smart port solutions that improve both safety and operational efficiency at terminals worldwide.

 

SEOUL, South Korea, Jan. 6, 2026 /PRNewswire/ -- CyberLogitec has signed an agreement with BNCT, operator of Busan New Port Terminal 5, to implement an AI-based port safety monitoring and control system aimed at reducing collision risks between mobile equipment and personnel during terminal operations.

The project focuses on strengthening preventive safety management by continuously monitoring operational risks in real time and enabling proactive intervention before incidents occur. The partners aim to establish a round-the-clock, accident-free operating environment, reflecting the growing emphasis on safety as ports become larger, more automated and operationally complex.

BNCT has been reviewing alternatives to traditional, incident-driven safety practices as part of its broader efforts to improve on-site safety standards. The decision to adopt CyberLogitec's solution follows an industry-wide reassessment of safety management, prompted by a series of serious accidents at port terminals in Korea and internationally in recent years. As a result, intelligent safety management systems capable of identifying and managing risks in advance are increasingly viewed as a core requirement rather than an optional add-on.

CyberLogitec's safety monitoring platform combines AI-based video analytics, high-precision positioning technology and digital twin capabilities to deliver real-time situational awareness across the terminal. Data from mobile equipment, workers and traffic flows is integrated into a unified monitoring environment, allowing potential hazards to be detected early and alerts to be issued immediately via control room dashboards and on-board terminals.

The system uses RTK (Real-Time Kinematic) positioning to track mobile equipment with centimetre-level accuracy, while deep learning-based AI CCTV continuously analyses operational scenes to assess risk levels. When a hazardous situation is identified, warnings are automatically delivered to operators through vehicle-mounted terminals (VMCs). RTK devices will be deployed across 70 mobile assets, while 28 AI-enabled CCTV cameras will be installed on 14 STS cranes. The system is scheduled to enter full operation in August 2026.

A CyberLogitec representative said the project represents "a shift from reactive safety management toward a data-driven, predictive operating model," adding that the company plans to continue expanding AI and digital twin enabled smart port solutions that improve both safety and operational efficiency at terminals worldwide.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

CyberLogitec and BNCT to deploy AI-based safety monitoring system at Busan New Port

CyberLogitec and BNCT to deploy AI-based safety monitoring system at Busan New Port

Ubyx provides a global clearing system for tokenised deposits and stablecoins.

LONDON and NEW YORK, Jan. 7, 2026 /PRNewswire/ -- Barclays has announced a strategic investment in Ubyx Inc., a U.S. based clearing system for digital money including tokenised deposits and regulated stablecoins.

"Interoperability is essential to unlock the full potential of digital assets. As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly. We are pleased to be joining Ubyx on their journey as we drive forward our shared ambition to accelerate and shape innovation across our industry," said Ryan Hayward, Head of Digital Assets and Strategic Investments at Barclays.

Tony McLaughlin, CEO of Ubyx said, "Our mission is to build a common globalised acceptance network for regulated digital money including tokenised deposits and regulated stablecoins. Bank participation is vital to provide par value redemption through regulated channels. We are entering a world in which every regulated firm offers digital wallets in addition to traditional bank accounts."

This investment comes at a time of growing interest in new forms of digital money based on tokens transacted on public blockchain infrastructures. Regulatory clarity is moving forward in several jurisdictions, and evidence of growing adoption outside of cryptocurrency use-cases is emerging. Barclays and Ubyx are committed to the responsible development of tokenised money within the regulatory perimeter.

About Barclays:

Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

For further information about Barclays, please visit our website home.barclays

About Ubyx:

Ubyx was founded to facilitate tokenised money ubiquity, connecting multiple issuers with multiple receiving institutions in a common settlement environment that allows redemption of digital money at par value, supporting the singleness of money.

For more information visit https://ubyx.xyz

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Barclays Invests in Ubyx to Advance Digital Money Connectivity

Barclays Invests in Ubyx to Advance Digital Money Connectivity

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