No time to waste – A collaborative approach to boost South Korea’s competitiveness in global sustainability ecosystem
5 July 2024 — South Korea's conglomerate-driven, top-down economic structure faces challenges in the global shift toward sustainability, necessitating agile and drastic measures to improve environmental impact. To achieve long-term competitiveness, collective efforts are needed from the domestic private sector, the government, and foreign technical partners.
China's landmark for the shipbuilding sector with its first cruise ship setting sail
15 January 2024 — Adora Magic City, China's first domestically built cruise ship, completed its first commercial voyage. As the vessel set sail, it signified China's capability to build mega-cruise ship and marked a significant milestone in the nation's maritime ambitions.
Optimizing working capital in a downturn for resilience
18 December 2023 — Many companies struggle to free up cash via optimizing their net working capital (NWC). This article outlines a pragmatic process for optimizing NWC, adding practical key considerations. A systematic process is essential to free up cash reserves and shift from passive monitoring to active optimization.
An emerging trend of compact luxury cruise ships in the marine industry
6 November 2023 — Several new cruise lines are adopting an underdog strategy, deviating from the trend of launching increasingly larger cruise ships with up to 10 000 people in passenger capacity. While giant ships are a short-term "cash cow" for operators, smaller ships are believed to have distinct long-term advantages.
China built its first cruise ship, initiating an ambitious plan to take a share of the multi-billion industry
6 October 2023 — After 3 years of hiatus caused by the COVID-19 restrictions, international cruise lines can now resume sailings from China. However, China has moved forward on a 10-year plan with its own cruise line, with the ambition to become a key player in this multi-billion-dollar industry.
Identifying investment targets through future-looking industry analysis
11 October 2022 — Traditionally, private equity (PE) sourcing relies on networks and industry screening, causing leads investors to compete for the same targets. Conducting future industry analysis can give PE investors an edge, identifying emerging opportunities early and building a competitive advantage.
China ambitions in cruise sets their agenda for full value chain – a potentially lucrative opportunity awaits
22 December 2021 — Reddal was invited as a speaker to the Finnish Marine Industries Association (Meriteollisuus ry) international business session. We presented an update on the cruise ecosystem development in China, including views on cruise tourism, cruise ship building, and short- to mid-term opportunities.
Lessons from the Nordics – perspectives on Korean venture capital and startup ecosystem
29 September 2021 — The Nordic startup ecosystems have grown their significance during the past decades, the development phases and key characteristics of the ecosystems can offer lessons to learn for the Korean startup landscape.