Singapore is almost 9,000 miles (14,484 km) away from Silicon Valley but the nation of just 5.7m people has set its heart on becoming the shipping industry’s maritime equivalent.
Senior minister of state for transport Chee Hong Tat recently stated that Singapore’s goal is to be the “top maritime start-up hub in the world”.
Haymon Sinapius, investment manager at Bernhard Schulte Innoport, said that while globally the maritime start-up scene is still fairly young, Singapore has “already got a very active ecosystem”.
