ICS MeetUp Empowering Innovation in Shipping Finance With Shipfinex

The way the Maritime economy can grow is through continuous collaborative efforts from several operational communities, who continue pushing the boundaries of innovation. The monthly meetup done by Institute of Charterer and Ship Brokers, Middle East chapter organized a unique session on ‘Blockchain Enabling Evolution in Shipping Finance’ which was sponsored by ShipFinex.

Members of ICS Middle East Community Listening to the Panel Discussion
Members of ICS Middle East Community Listening to the Panel Discussion

Discussing the breakthrough points in how Shipping Finance can evolve with the integrations of Blockchain and Web3 technologies, the panel led by Mr.Jagdish Pandaya, a seasoned start-up mentor and the founder of BlockOn Capital consisted of; Mr Edwin Lee-CEO of NeoVision Ventures, Dubai; Mr. Tony Dagher- Managing Director of TMC Shipping, UAE; Mr. Nijoe Joseph-An expert Maritime Lawyer at Stephenson Harwood and Mr.Sunil Arora-CEO & Co-Founder of ShipFinex.

Panelists discussing the use cases of Blockchain Technology in the Maritime Sector

With a rich audience including shipping and logistics, commodity trading, ship-owners, and specialists from technology, structured finance and blockchain, it was indeed an impactful discussion on how blockchain based solutions will be able to impact the Maritime community and change the future of Shipping Finance.

With protocols like ShipFinex emerging to revolutionize the trillion-dollar Maritime economy and collaborations with deeply rooted Shipping communities like ICS Middle East, we are definitely on the verge of witnessing a new-era of how financial solutions are established and empowered to expand the industry.

About ShipFinex

Shipfinex is a digital exchange revolutionising the Trillion Dollar Maritime economy. Shipfinex is tokenising maritime assets & simplifying investments, enabling Instant Payments & a Decentralised marketplace by using defi & web3 technologies.

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About Author

Based in Singapore and Vietnam, Suraz Troy Kottakki is a serial entrepreneur in Financial technology, Digital identity and Health Tech. He is passionate about the Digital transformation of traditional industries such as Maritime, Capital Financing and Public Healthcare by deploying Web3 technologies. Suraz is currently working on creating a web3 infrastructure layer for the Maritime industry at Shipfinex, leveraging his deep global experience spanning nearly two decades in Shipping and Oil Trading at British Petroleum. Suraz is also dedicated to the long-term vision to bring digital health identity to all by 2030.

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