The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report describes the Southeast Asian city state as a “start-up magnet.

The report highlights a thriving accelerator community with state-backed PIER71, founded by the Maritime and Port Authority and NUS Enterprise, has matched start-ups with backers including BP, Wilhelmsen, Pacific International Lines, Ocean Network Express, Cargotec, Wärtsilä, Vopak, and Bernhard Schulte Shipmanagement. On Tuesday the Singapore government said it aimed to increase the number of start-ups under PIER71 from 30 at present to 100 by 2025.

On the private front Eastern Pacific Shipping partnering with Techstars for the MaritimeTech Accelerator has provided a home to 18 emerging technology companies.

The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report describes the Southeast Asian city state as a “start-up magnet.

The report highlights a thriving accelerator community with state-backed PIER71, founded by the Maritime and Port Authority and NUS Enterprise, has matched start-ups with backers including BP, Wilhelmsen, Pacific International Lines, Ocean Network Express, Cargotec, Wärtsilä, Vopak, and Bernhard Schulte Shipmanagement. On Tuesday the Singapore government said it aimed to increase the number of start-ups under PIER71 from 30 at present to 100 by 2025.

On the private front Eastern Pacific Shipping partnering with Techstars for the MaritimeTech Accelerator has provided a home to 18 emerging technology companies.

Listen to the recent edition of the Maritime Podcast with Claus Nehmzow, Chief Innovation Officer, Eastern Pacific Shipping talking about their maritime accelerator in Singapore:

“Singapore is a maritime technology ‘David’ in a world of ‘Goliaths’ with a unique, agile and rapidly expanding innovation ecosystem for start-ups,” said Ronald Spithout, President, Inmarsat Maritime.