20 June 2019

Leiden - Vopak and Semiotic Labs have further expanded their collaboration in the field of Condition Monitoring. To this end, the parties have signed a Letter of Intent during Shakedown, the PortXL closing event. The Condition Monitoring solution SAM4, developed by Semiotic Labs, monitors the condition of electric motors and pumps and raises an alarm as soon as damage is detected. Based on this, Vopak can improve its preventive maintenance and prevent machine failures.

Simon Jagers - founder of Semiotic Labs: “As a market leader in the field of energy and chemical storage, Vopak invests in technology and Digital Transformation in order to continually improve services to its customers and further improve the sustainability of its services. With SAM4 we contribute to this by, on the one hand, increasing the reliability of production resources and, on the other hand, collaborating in the development of functionalities that reduce the energy consumption of pumps and compressors. The intended expansion to a few new terminals demonstrates confidence in our technology and in our company.”

SAM4 from Semiotic Labs is a Condition Monitoring solution that consists of sensors, artificial intelligence and a dashboard that displays information about the condition, performance and energy consumption of electric motors and rotating assets, such as pumps, compressors and conveyor belts. Unlike traditional systems that measure vibrations on the asset in the field, SAM4 measures electrical signals from inside the Motor Control Cabinet. This is relevant for the petrochemical industry, because many assets are located in explosion-hazardous areas. The Motor Control Cabinet is located away from these hazardous areas, making it possible to remotely monitor the condition of assets.

About Semiotic Labs: Semiotic Labs was established in 2015 with the aim of making maintenance 100% predictable. From Leiden, 22 Data Scientists, Software Developers and Technical Specialists are working on SAM4 - the Condition Monitoring solution for AC motors and rotating equipment. Semiotic Labs is active in various industries and works with customers such as Vopak, Nouryon, ArcelorMittal, Tata Steel, Schiphol, and Engie.

www.semioticlabs.com

About Vopak: Royal Vopak is the world's largest independent tank storage company. Vopak operates a worldwide network of terminals at strategic locations along important trade routes. With more than 400 years of history and a strong focus on safety and sustainability, Vopak provides safe, clean and efficient storage and handling of liquid bulk products and gases for their customers. In this way Vopak enables the delivery of products that are vital for our economy and daily life, ranging from chemicals, oils, gases and LNG to biofuels and Veg Oils.

www.vopak.com

About PortXL: PortXL was established in Rotterdam in 2015, with the aim of boosting innovation in and around the port. PortXL consists of an ecosystem of startups and scale-ups, corporate partners, and mentors. During an intensive program, the parties work together to develop, implement and test innovations for the maritime sector.

www.portxl.org