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
Mooted COE changes will solve category issues, but higher premiums likely: observers
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
Cliff Tan has 7 million followers and a 4-month waitlist. Why won’t he expand his business?