Hong Kong Joins The Maritime Startup Revolution

by Captain John Konrad (gCaptain) Last week we asked the gCaptain community Are Maritime Startups Ready To Accelerate Change? and shared a handful of new organizations that are helping to drag our industry into the digital age. One program we missed, run by the Hong Kong based Young Professionals In Shipping Network (YPSN), looks especially promising because it’s run by women in shipping.

In anticipation of YPSN’s 10th year launched a most ambitious project, a Global Start-up competition for the maritime and transport industry called “The Captain’s Table”. Run by a team of women entrepreneurs, YPSN took inspiration from the TV programs Dragon’s Den and Shark Tank in which business ideas are pitched to a panel of investors. While similar events have been held in other countries this will be the first of its kind in Hong Kong that is aimed solely at the Maritime and Logistics industry.

This program is unique because it’s a grassroots initiative run by young, female maritime professionals who have a unique understanding of our industry and the transition it is going through in terms of digitalization.

“We see innovation and technology leading to a more sustainable future,” says YPSN cofounder Tabitha Logan. “This is also a way of encouraging new talent fostering the next generation of leaders to our industry.”

The Captain’s Table is inviting applicants from around the world to submit ideas on five main areas: Platform and Software as a service, Deeptech, Fintech & Insuretech, Education and Environment and Sustainability by 31 July 2019. The entries will be shortlisted throughout the year with the five best ideas being presented at a live final where they will compete to win a seat at the Captain’s Table held during Hong Kong Maritime Week in November. 

Apart from the finalists being flown to Hong Kong to present their ideas to these industry experts, YPSN will also plug entrepreneurs into a strong ecosystem or mentors and investors.

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