Shipping start-ups win prizes

The first Wärtsilä SparkUp Challenge, an initiative by the technology group Wärtsilä to find innovative start-ups to develop ideas for the smart shipping value chain, has been won by KNL Networks and The prize for the winners is a four-month collaboration and co-creation in the Wärtsilä Digital Acceleration Centre (DAC) beginning in March. In addition, they will receive a capital grant of EUR50,000.

Finland-based KNL Networks provides a data network for maritime communications., based in the USA, offers a collaboration platform that logs incoming and outgoing ships in ports, and optimises port operations.

“Both winning start-up companies are perfectly positioned to deliver our smart marine vision. This start-up collaboration will accelerate our business and help to create new value for our customers. I see it as being a strategically important step for Wärtsilä,” said Saku Mäihäniemi, member of the jury and head of digital of Wärtsilä Services.

“I think KNL has giant potential, and what I like most about their solution is that they have their own hardware from point to point, as well as their own cyber security, so nothing needs to be done over the internet,” said Jörgen Strandberg, member of the jury and general manager advanced technology in Wärtsilä Marine Solutions.

The winners were selected by a jury made up of Wärtsilä’s own and external industry specialists at the SparkUp Challenge Day, which was held at Wärtsilä headquarters in Helsinki on 28 February. The 11 finalists were chosen from a shortlist of 20 start-ups, which were screened and evaluated based on their ability to complement Wärtsilä’s Smart Marine Ecosystem Vision. Altogether close to 150 companies entered the challenge from across the globe.

The next SparkUp Challenge focusing on Smart Energy will take off later in 2018.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button