Shipping’s conservative mindset – especially among its largest players – is a barrier to innovation, the lead story on the October issue of Splash Extra reports.
Norwegian startup investor Katapult Ocean has just issued a 54-page report based on a wide survey with maritime startups.
More than half of the companies surveyed say that a conservative mindset in larger corporates is a barrier for innovation.
Moreover, just 10% of maritime startup founders are female, a very low figure compared to the 30% average.
Commenting on the survey’s findings, Nick Chubb, founder of maritime startup database Thetius, said: “The same skills that make traditional shipping companies good at managing industrial assets make them bad at innovating at the bleeding edge of technology.”
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