There is no better time than now to be a maritime start-up in Singapore, said Gil Ofer, special advisor for innovation at Eastern Pacific Shipping (EPS).

“Singapore is ambitious in wanting to be one of the leaders in maritime innovation, and so far, they have been doing all the right things to make their vision a reality,” he told TradeWinds.

Ofer said part of the city-state’s ‘Smart Nation’ initiative is to create a culture of innovation and experimentation.