ABS and Rainmaking to support Singapore’s decarbonisation entrepreneurs

Source: press release, 19 April 2021

Georgios Plevrakis, ABS Director, Sustainability
Georgios Plevrakis, ABS Director, Sustainability (photo: ABS)

ABS and Rainmaking are to collaborate to support entrepreneurs with maritime decarbonisation technologies.

ABS’ extensive marine and offshore industry experience combined with Rainmaking’s register of decarbonisation focused startups will allow rapid testing and development of transformational technologies with the potential to reduce COemissions.

The program will identify technology start-ups and deliver scalable pilots and ventures through 6-month long sprints. ABS will act as a technical advisor to provide industry insights and evaluate new technologies for their potential contribution to IMO decarbonisation goals.

“ABS is supporting the development of the maritime decarbonisation technologies ecosystem as part of our commitment to putting the shipping industry on a sustainable footing. By collaborating with Rainmaking, we are ensuring the transformational ideas our industry needs to reach its decarbonisation goals are identified and supported to rapidly achieve the scale required to make a significant contribution,” says Georgios Plevrakis, ABS Director, Global Sustainability Strategy.

“We need to get much more progressive on how tech can change this industry – we see a like-minded partner in ABS to achieve this,” says Rainmaking Partner & Investor Michael Pomerleau.