Finance - Case studies

The accuracy of AIS data used to track ship movements is vital for the analysis of vessel performance in areas such as fuel consumption. OrbitMI has therefore collaborated with Maritime Data on a joint project to enhance the screening of AIS data providers so it can deliver the best quality data for clients. Orbit vessel performance platform “We are continuously striving to optimise data inputs for users of our newly upgraded Orbit vessel performance platform to improve business decisio...

Strengthening trade relations and promoting collaboration between Valenciaport and China. This is the objective with which the Port Authority of València has traveled to China to participate in the 8th edition of the Maritime Silk Road Port International Cooperation Forum 2024, held from June 26 to 28, 2024 in Ningbo (China). The value proposition of the Valencian enclosure as a green, intelligent and innovative HUB of the Mediterranean has been the common thread of the presentation of t...

Rodman Polyships S.A.U., a Rodman Group shipyard specialised in the building of all types of GRP (Glass Fibre Reinforced Polyester) boats, has delivered a new professional boat to the Maritime Service of the Spanish Civil Guard. She is the new Rodman 66, a monohull, cabin type construction, with an aluminium hull and deck and a superstructure in glass fibre reinforced polyester (GRP) using hybrid multi-axial materials of aramid and E-glass and other synthetic and mineral fibres. New Rodman 66...

Cochin Shipyard Limited (CSL), the premier shipbuilding and ship repair company in India, has delivered the 10th Electric Hybrid 100 Pax Water Metro Ferry BY 125 to Kochi Water Metro. The occasion was marked by the Delivery Protocol Signing ceremony held at CSL, in the presence of Directors of KMRL and CSL, along with senior officials from KMRL, CSL, DNV, and IRS. Shri. Harikrishnan S, Chief General Manager - CSL, and Shri. Shaji P Jananardhanan, Chief General Manager - KMRL, signed the protoco...

Universal and equitable access to drinking water and adequate sanitation and hygiene services, as well as the improvement of water quality at a global level, are part of the Sustainable Development Goals of the 2030 Agenda for Sustainable Development, but they have also become part of a daily problem in many parts of the planet. Ingeteam, with its Indar submersible pumps and motors designed and manufactured in Beasain, Spain, contributes to solve part of this problem; and among the numerous app...

Spire Global, Inc. (‘Spire’ or ‘the Company’), a global provider of space-based data, analytics and space services, was selected by ESP Logistics Technology (‘ESP’), an internationally renowned company in supply chain productivity and sustainability, to provide wind data through its weather conditions API and real-time automatic identification system (AIS) vessel-tracking data. In the intricate supply chain industry, even the slightest disruption can lead to...

Rodman Polyships S.A.U., a Rodman Group Shipyard specialised in the construction of all types of GRP (Glass fibre Reinforced Polyester) boats and vessels, is building 3 new Offshore Patrol Vessels for the Surveillance Service of the Spanish Tax Agency. The signing of this new contract took place in January and after a few months of initial design and project planning; Rodman is now in the construction stage of the first units. These days the initial stage of the lamination process for the first...

A.P. Moller – Maersk, the Danish integrated logistics company, has signed a contract with MAN PrimeServ – MAN Energy Solutions’ after-sales division – for the retrofit of the main engines aboard 11 container vessels equipped with MAN B&W 8G95ME-C9.5 prime movers. These will be retrofitted to dual-fuel MAN B&W 8G95ME-LGIM10.5 types capable of operation on fuel-oil/methanol. The first vessel will be retrofitted in mid-2024. PrimeServ will provide a solutions packag...

The Ashford Common water treatment plant, located in Surrey, England, is one of the largest water treatment plants in Europe. With a maximum output of approximately 7,870 litres of water per second, Ashford provides around a third of London’s water supply. This large plant has five axial-flow pumps driven by 7.5-ton electric motors, each capable of pumping about 2,083 litres of water per second. The plant pumps and stores raw water from large reservoirs to be treated later. WEG chosen to...

Internacional Marítima is a Brazilian company leader in marine and port support services, with over 35 years in the market and for over five years using WEG paints in its fleet. The vessel - BLG 2, originally destined to launch jack-ups of up to 8000 tonnes and reclassified to support work in ocean navigation, will be receiving a new paint job for restoration and protection in a 9,000 m² area of side, bottom and deck. WEG supplies paint for the vessel - BLG 2 WEG is supplying more...

Peel Ports is working with a consortium led by the University of Liverpool to bid for the UK’s flagship national Clean Maritime Research Hub. As part of a wider partnership with the University of Liverpool’s School of Management, Peel Ports has committed to participating in workshops, sharing operational port data and insights and allocating staff time to the project. UK SHORE programme The designation is part of the government’s UK SHORE programme, which aims to decarbonise...

The renewal of the straddle carrier fleet at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Tollerort (CTT) is moving forward: in April, eight new straddle carriers with hybrid drive went into operation and have since been transporting containers in a more environmentally friendly way between ship, yard, rail terminal and truck gate. These vehicles consume significantly less fuel and thus also emit correspondingly fewer emissions. Hybrid straddle carrier fleet at CTT Includ...

Up to 20% of salaries in shipping, equal to more than $10 billion annually, are paid in cash. It’s an insecure, expensive way to do business, with employers charged as much as 5%-12% of the underlying value to get cash on board.  And it’s just as expensive to manage the complexity of their payroll, with excessive time and costs spent paying salaries across the globe, dealing in cash, and tax reconciliation, plus processing hefty fees and administration costs. As for the Seafar...

In 2021, Waves Group was awarded the Marine Warranty Surveyor (MWS) services scope from Réseau de Transport d’Electricité (RTE) for the installation of two Export Cables for the St Brieuc Offshore Wind Farm grid connection, one of the first commercial-scale offshore wind projects in France. Located some 16.3 km off the coast of St Brieuc Bay in France, the wind farm will cover an approximate area of 75 km² and have a total generating capacity of 496MW. The 62 wind turbi...

In what marks a relatively new application for Thordon Bearings’ pioneering polymer material, Wilson Ship Management ASA (“Wilson”), a Norway-based ship manager, has replaced the greased bronze bearings on the hatch cover wheels of some of its dry cargo vessels with self-lubricating ThorPlas-Blue bearings. Wilson, which operates Europe’s largest short sea fleet of about 130 general cargo vessels, has now converted eight vessels following the success of the first retrofit...

In September 2022, VSTEP equipped the first training centre of Brabo Group in Belgium with cutting-edge NAUTIS simulators. VSTEP’s mission to enable learning through simulation technology is at the forefront of this collaboration, thereby allowing Brabo Group to train their crew and skippers from other organisations for safe and precise ship piloting and mooring. Brabo Group and VSTEP’s Collaboration In collaboration with VSTEP, Brabo Group – a Belgium-based company that spe...

On Monday, 13 March, 2023, as part of the AUKUS trilateral agreement between Australia, the United Kingdom (UK) and the United States of America (USA), it was announced that Rolls-Royce Submarines Ltd will provide the reactors for Australia’s first nuclear powered submarines. The announcement will see thousands of jobs created for Rolls-Royce and across the United Kingdom (UK) supply chain. Rolls-Royce Submarines Rolls-Royce Submarines, based in Derby, UK currently employs more than 4,0...

Wilson Sons, the largest integrated port and maritime logistics operator in the Brazilian market, has selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal, including the QuayPro module to digitalise container stowage confirmation processes. ABB’s automated gate systems The company has been using ABB’s automated gate systems both at its Rio Grande and Salvador container terminals since 2013. Adding Cra...

To help achieve the required IMO regulatory standards on efficiency levels, the Finnish shipping company - Langh Ship Oy Ab opted for WE Tech Solutions’ permanent magnet shaft generator solution for their three new 1200 TEU container feeder ships. The ships will be built by PaxOcean Engineering (Zhoushan) Co., Ltd in China and will be utilised for container traffic in Europe after their delivery. The design for the container ships has been developed by Langh Ship in collaboration with the...

P&O Maritime Logistics, a globally renowned provider of critical logistics and marine solutions, will use its versatile Multi Carrying Vessel (MCV) fleet to transport off-site manufactured pre-finished volumetric hotel villas to the Sheybarah Island Resort on Saudi Arabia’s Red Sea Coast. P&O Maritime Logistics has signed a new contract with global heavy lifting and transport specialist - Mammoet to transport the unique hotel villas, all the way from Hamriyah to the Sheybarah Isla...

The COSCO Shipping Heavy Industry (Guangdong) yard has announced that it will retrofit the main engines aboard two LPG carriers from the fleet of Tianjin Southwest Maritime Ltd., the Chinese liquefied-gas carrier operator. In doing so, it is exercising the option in a contract signed with MAN Energy Solutions’ after-sales division, MAN PrimeServ, in October 2022 to similarly retrofit two LPG carriers to dual-fuel operation. MAN B&W 6G60ME-LGIP units installed MAN PrimeServ will join...

Ingeteam announces that they would like to present the new project to refurbish the Balboa Shipyard at the Pacific entrance to the Panama Canal, in Panama City, where Indar pumps will help to reduce and control leaks in the dikes to prevent possible flooding. The shipyard was built more than 100 years ago to provide repair and maintenance services to vessels transiting the Panama Canal. It has recently been purchased and refurbished to bring it back into operation. Refurbishment of Balboa Ship...

Rolls-Royce recently delivered the 5,555th mtu engine of Series 1000, 1300 and 1500 to global articulated dump truck manufacturer and construction equipment manufacturer - Bell Equipment. Rolls-Royce has been supplying Bell Equipment with mtu engines from Series 1000 to Series 1500 since 2013. To mark the delivery of the 5,555th mtu engine, Dr. Lei Berners-Wu, the Vice President - Global Industrial at Rolls-Royce’s Power Systems business unit symbolically presented a special engine piston...

Vallianz Holdings, an established provider of offshore marine and engineering solutions for the global energy industry, is accelerating the digitalisation of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat, the internationally renowned company in global, mobile satellite communications. With its headquarters in Singapore, Vallianz operates an OSV fleet worldwide that will benefit from industry-renowned connectivity through Inmarsar...

Rolls-Royce will provide long-term service support for all mtu generator sets powering Great Britain’s Royal Navy fleet. Rolls-Royce business unit - Power Systems and the UK Ministry of Defence, Defence Equipment & Support organisation, signed a contract covering the preventive and corrective maintenance of more than 90 mtu engines for the next five years. The contract, which is the first-of-its-kind for Power Systems, includes an option to extend for a further two years. Rolls-Royce...

With immediate effect, DB is completely converting the S8 line to its newest generation of trains. The modern trains with their distinctive flat front are already reliably operating on three of Berlin’s S-Bahn lines. As of now, around 60,000 passengers using the S8 will also benefit from better information, more security cameras, and additional space for wheelchair users, strollers and bicycles. Rather than operating with four cars, the new trains have six cars. In addition, the S8 line h...

Siemens Mobility, along with consortium partners - ST Engineering and Stadler, have been awarded an Electrical and Mechanical (E&M) turnkey contract to deliver the Yellow Line for Kaohsiung Metro. Siemens Mobility will provide its state-of-the-art CBTC signaling technology with GoA4 functionality, which will allow for full automated train operations (ATO). Furthermore, Siemens Mobility will deliver its highly reliable and precise Airlink radio communication system, which will facilitate the...

Ocean transport of Sian Flower’s produce helped the company overcome the pandemic-induced volatility in air freight rates while helping it achieve its sustainability goals. Sian Flowers is a Kenyan producer of high-quality roses and summer flowers, exporting their blooms to Europe, the United States, the UAE, and Australia. The company has won regional and international recognition for pursuing rigorous sustainable practices, including limiting the use of pesticides and the conservation a...

MacGregor, part of Cargotec, has received a significant order for delivering container lashing systems for twelve 23,500+ TEU container vessels for Hapag-Lloyd. The vessels will be built at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. The order was booked into Cargotec’s 2022 third quarter orders received. The vessels are scheduled to be delivered to the owner between the second quarter of 2023 and the fourth quarter of 2024. Hapag-Lloyd and MacGregor partnership...

Inmarsat, the internationally renowned company in global, mobile communications, provided Sea-Kit International’s uncrewed surface vessel (USV) - Maxlimer with connectivity services to transmit data and video from the site of the recent underwater volcanic eruption in Tonga. As part of an international project to assess the environmental damage caused by the eruption, the 12-metre remotely operated vessel mapped the volcano’s submerged caldera and measured local marine conditions....