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Gardens by the Bay in Singapore Singapore’s maritime IT market is forecast to generate $2.4bn this year and $4.8bn by 2030 according to a new report released by Inmarsat. The Trade 2.0 Singapore Maritime Start-up and Innovation Ecosystem Report describes the Southeast Asian city state as a “start-up magnate”. The report highlights a thriving accelerator community with state-backed PIER71, founded by the Maritime and Port Authority and NUS Enterprise, has matched start-ups with backers including BP, Wilhelmsen, Pacific International Lines, Ocean Network Express, Cargotec, Wärtsilä, Vopak, and Bernhard Schulte Shipmanagement. On Tuesday the Singapore government said it aimed to increase the number of start-ups under PIER71 from 30 at present to 120 by 2025. ....
New Inmarsat report captures role of Singapore start-ups in Maritime's digital transformation inmarsat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inmarsat.com Daily Mail and Mail on Sunday newspapers.