Tsao family's shipping business turns to venture capital in search of fresh ideas
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%