RightShip Announces New Partnership with Plug & Play, a Global Innovation Platform

Published on: 21 June 2022
by KnowESG

ESG-focused digital marine platform RightShip announced that it has entered into a new partnership with Plug and Play, one of the world's most successful global innovation platforms. The relationship allows RightShip to focus on discovering creative solutions that will aid its growth as an ESG transparency enabler for the maritime industry under the leadership of its innovation centre in Singapore.

As an early-stage investor and preferred accelerator partner for major corporations, Plug and Play has more than 15 years of experience investing in and scaling corporate innovation.

The company has a keen ability to identify, attract, and accelerate founders who are looking to solve industry challenges and scale new technology. 

The APAC headquarters in Singapore will allow Plug and Play to connect RightShip's business with the most promising new maritime technology start-ups, with a particular focus on long-term viability.

Working with selected start-ups, RightShip hopes to expand the reach of these solutions and help RightShip achieve its goal of zero harm in the marine industry. Depending on start-up maturity, collaboration could span anything from solution co-creation, data provision, and pilots to proof of concepts.

Tarun Mehrotra, Chief Strategy Officer at RightShip, said: "For us, this exciting collaboration enables and accelerates our ability to understand the landscape of emerging technology solutions around key ESG themes, to start partnerships or co-creating and scaling solutions.

"Our collaboration with Plug and Play also allows us to focus on specific sub-themes such as crew welfare, emissions monitoring and provenance transparency, to search for emerging solutions that can be scaled within the maritime industry. We are specifically joining the Sustainability vertical of Plug and Play where they aim to bring global start-ups to partner with us around our areas of priority. This will also accelerate the partnership ecosystem of RightShip."

Jupe Tan, the Managing Partner of Plug and Play APAC, added: "We are delighted to have RightShip, the world's leading maritime digital platform, be a part of Plug and Play's global innovation ecosystem. Our goal is to provide line-of-sight into innovative start-ups that are shaping the future of the maritime industry as well as supporting the sustainability and social responsibility practices on shore and at sea."

Source: PRNewswire

For more company-related news