Idan Ofer’s Eastern Pacific Shipping, in partnership with Techstars, has officially launched its dedicated maritime accelerator Eastern Pacific Accelerator powered by Techstars.
The accelerator launched today in Singapore with nine startup companies, selected from hundreds of applicants worldwide applicants.
The nine startups, who come from Singapore, Denmark, UK and the US, are C-Log, CyberOwl, Enermo Technology, F-drones, Nautilus Labs, QuantShip, Saara, SeaMiles and Volteo Maritime.
C-Log has moved its global headquarters to Singapore, while US-based Voteo has spun-off Volteo Maritime as a Singapore company and Nautilus Labs is in the process of establishing a permanent office in Singapore.
Eastern Pacific Accelerator powered by Techstars is aiming to bring digital, technology-led solutions to problems faced by the shipping industry.
Gil Ofer, the head of open innovation at Eastern Pacific Shipping, commented: “We see a need for technology to propel the maritime industry forward, especially with a rapidly digitalising society and an increase in global trade. That means the shipping industry needs to innovate to solve problems such as fuel consumption, operational efficiency, fleet performance, and improving life-at-sea for seafarers – and we are doing just that with the Eastern Pacific Accelerator powered by Techstars. For these pioneering startups, EPS can provide access to a deep network of industry players, real-world data, and operational insights from our experienced maritime experts that will accelerate the development of their products.”