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Tsao family's shipping business turns to venture capital in search of fresh ideas

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Claudia Chong

Claudia Chong

Published Wed, Jun 16, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MARITIME companies constantly think of ways to reduce their hefty fuel costs. It's a complex matter - fuel consumption is affected by weather, the route, vessel age, the cargo, and how well the hull is maintained.

    Yet, technology could make this issue one of the lowest hanging fruits in a list of problems to solve.

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    ShippingVenture capitalStartup fundingDigitalisation

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