Finance - Case studies

The customer is among the world’s foremost diversified multinational entertainment and media groups. The company runs a global online store that sells entertainment merchandise, toys, collectables, household items, clothes and other products. The challenge The customer was looking to expand its share in markets outside its core bases in North America and Europe The customer was looking to expand its share in markets outside its core bases in North America and Europe. Online shopping has...

As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 4 container vessels with Samsung Heavy Industries Co., Ltd. The contract was signed on 31st May 2021. The contract includes four (4) 13,100Teu container vessels. These new vessels will start taking delivery in the 2nd quarter of 2023 respectively. Currently, Wan Hai Lines operates a vessel fleet of 83 owned and 62 chartered. This new shipbuilding contract is the company’s latest fleet upsizing p...

The customer is the foremost agency of the United Nations focused on improving the lives of children through humanitarian and developmental aid in over 190 countries. Their involvement with children spans medical care for expectant mothers and babies, nutrition for infants and adolescents, educational aid and skill development, building capacity for water and sanitation, and protection against exploitation. The agency is also the world’s largest provider of vaccines and works to immunis...

Salvamento Maritimo, the maritime search and rescue (SAR) agency that operates under the Spanish Ministry of Development, recently took delivery of two new rigid inflatable boats (RIBs) in a series from Portuguese builder Vanguard Marine. Rigid inflatable boats Each RIB is equipped with four Ullman Dynamics Biscaya jockey seats with suspension systems and a custom-made aluminum console. The deck is covered with anti-slip material on the entire walking surface and is designed to accept diff...

With an urgent requirement for Personal Protective Equipment (PPE) brought on by the COVID-19 pandemic, the client had a crucial need to deliver PPE to their frontline staff as they underwent a battle to provide care and treatment for the overwhelming influx of new patients.   As one of the largest not-for-profit healthcare organisations in the US, on-time delivery and impeccable execution were absolute requirements. The challenge The client needed PPE delivered within a week, or they...

On the first Wednesday of May, the first of 14 Blue Water trucks arrived at Parken Stadium (Danish national stadium) in Copenhagen. It was time to replace the grass on the great football field, and Blue Water’s Reefer Road team was assigned the main part of the transport of the new turf.  The 5,258 square metres of turf were transported from Italy through Europe to Parken Stadium. To keep the good condition during the entire transport, which took two days, Blue Water’s reefer t...

Infor has announced that ASRY, the Arabian Gulf's renowned maritime repair and fabrication facility based in Bahrain, has signed a contract with Infor to implement a new state-of-the-art, facility-wide enterprise resource planning (ERP) system, Infor CloudSuite Industrial Enterprise, to spearhead its digital transformation. ASRY (Arab Shipbuilding & Repair Yard) ASRY (Arab Shipbuilding & Repair Yard), which was established in 1977, handles the repair and conversion of ships, rigs and n...

From February to April 2021, Blue Water handled the biggest airfreight and charter project ever on behalf of its client Atea Denmark.  The task included the transport of 2,350,000 pieces of IT equipment from Denmark to Santo Domingo within two months. The 555 tonnes / 3,000 cbm were moved in three lots on commercial flights and 11 chartered aircraft. Also, personnel of Atea Denmark was on board.  Cooperation and teamwork The project involved many departments within Blue Water, and i...

HMM has announced that it plans to transport any containers carrying the COVID-related medical devices and emergency relief supplies bound for India, contributing to overcoming the extreme situation in the country. Medical devices for COVID-hit India The medical devices mainly include medical oxygen supplies, such as medical grade oxygen, oxygen tank, oxygen bottles, oxygen concentrators, steel pipes for manufacturing oxygen cylinders and associated equipment. HMM has decided to impose merely...

Having completed successful ballast water retrofitting of one of its LNG Carriers, Goltens was once again contracted by one of the world’s largest LNG owners and operators to complete similar turnkey retrofits on two 15-year old, 83,000 DWT LNG carriers. Retrofit on large vessels While Goltens is a globally renowned company in ballast water retrofits, having completed well over 850 retrofit projects, however, designing and executing the retrofit on such large vessels, with one of the wor...

Royal Navy Offshore Patrol Vessel - HMS Medway underwent a successful planned maintenance period, delivered by BAE Systems and Royal Navy Ship Staff in Naval Station - Mayport in Jacksonville, Florida, from December 2020 through January 2021. BAE Systems' maintenance support Repairs and maintenance are delivered wherever in the world they are operationally required Under the Contractor Logistics Support (CLS) contract, BAE Systems provides whole ship availability management service, to all of...

As part of the agreement with NASA, to support the NiSAR and PACE satellites, Kongsberg Satellite Services - KSAT has installed two large Ka-band antennas, in Svalbard and Punta Arenas, in Chile. The new 11m antenna at Svalbard is antenna number 100 on the plateau, marking yet another milestone for the world’s largest ground station. In order to provide commercial Ka-band downlink services to the NASA Near Earth Network (NEN) for NiSAR and PACE missions, Kongsberg Satellite Services - KSA...

Teknotherm is excited to announce that the company has been awarded the contract to finalise the HVAC systems for RoPax ferry - HONFLEUR. Back in 2017, Brittany Ferries had placed the order for the HONFLEUR vessel, at the Flensburger Schiffbau-Gesellshaft’s (FSG) shipyard in Germany. However, when FSG went bankrupt in 2019, its Norwegian owner, Siem Shipping (Siem Group) signed a contract with Fosen Yard, in Norway, to complete the project. Teknotherm gets HVAC contract for HONFLEUR HON...

The customer, a southeast Asian seafood exporter, is a leading supplier of shrimp.   Shrimp farming is a lucrative 19.1 billion USD international industry with time-tested techniques, processing methods and supply chains. Containers of shrimp worth upwards of 200,000 USD travel safe and trouble-free around the world thanks to state-of-the-art refrigerated containers or Reefers. Challenge Customers needed to find a better way to manage their Bills of Lading to reduce the risk of...

Samsung Heavy Industries (SHI) has confirmed an order for 10 × 8G95ME-GI10.5 engines, in connection with the building of 10 × 15,000-teu container ships for Seaspan Corporation. The vessels are scheduled for delivery in the first half of 2023 and will immediately after begin 12-year charters for ZIM Lines (ZIM Integrated Shipping Services Ltd), the international shipping group that serves the US East Coast trade. Order for ME-GI engines This is just the latest order that the well-...

Started in 2002, Braskem is the largest petrochemical company in Latin America. The Brazilian-based company plays a significant role in production chains essential to economic development, focusing on sustainable solutions that improve people’s lives in areas such as housing, food and transportation. The push was made possible with their comprehensive solutions such as plastic resins and chemical products for these diverse industries. The company operates 40 industrial units in Brazil, th...

The client, San Miguel, is the largest citrus producer and exporter in Argentina with operations spanning over 60 years. They export their produce from different countries such as Argentina, Uruguay, South Africa, and Peru. Their worldwide export volumes are calculated at around 6000 containers annually. A front-runner in fresh lemon, they also work with other produce like oranges, tangerines, grapefruits, grapes, and avocado. They wanted a partner who understands that their business is not jus...

Ocean Infinity, the next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical data acquisition, within the Stabroek block, in offshore Guyana. Autonomous Underwater Vehicles (AUVs) This approach of autonomous operations at scale is a more sustainable way of operating at sea Ocean Infinity will simultaneously deploy their advanced AUVs in water depths of between 70 metr...

Ocean Infinity, the next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical data acquisition, within the Stabroek block, in offshore Guyana. Autonomous Underwater Vehicles (AUVs) This approach of autonomous operations at scale is a more sustainable way of operating at sea Ocean Infinity will simultaneously deploy their advanced AUVs in water depths of between 70 metr...

The client, one of the most successful international tobacco companies, owns six of the top 15 international cigarette brands in the world. The products are sold in over 180 markets worldwide and hold the biggest market share. The challenges The company needed a reliable logistics provider to act as its extended arm In order to streamline business functions, the client looked at defining their markets into clusters. The company specifically needed a reliable logistics provider to act as its ex...

The customer is a global lifestyle apparel company, with a portfolio of some of the world's most iconic denim brands. The company has been designing, manufacturing, sourcing and distributing high-quality products for more than a century. In early 2020, they selected Maersk as their sole Supply Chain Management (SCM) provider for all inbound finished goods flows from production to distribution, across their global markets. However, during the first quarter of the year, the company faced an unexp...

PARAT Halvorsen AS will replace a 30-year-old PARAT vertical combined oil-fired/exhaust gas steam boiler, Coned type, with a brand new PARAT boiler with exactly the same outer dimensions, modified hatches and a new modern oil-fired burner. They have also upgraded the control panel and installed a touch screen for easy boiler control. San Discovery San Discovery was designed by Fiskerstrand and built by Sterkoder in Norway, in 1992 San Discovery was designed by Fiskerstrand (Fiskerstrand Verft...

Given the increased demand before the Chinese New Year and THE Alliance’s service deployment, Yang Ming Marine Transport Corp. (Yang Ming) will take delivery of one more 11,000 TEU new chartered vessel - ‘YM Target’ on February 5th, 2021. With the support from the ship owner, YM Target can be delivered and join Yang Ming’s global fleet nearly three months ahead of schedule. The vessel will be deployed to THE Alliance’s Trans-Pacific route PN3 and provide efficient...

The customer is a global technology leader who specialises in the design and manufacture of premium, light, medium, and heavy-duty vehicles. In addition to this, they also design and manufacture advanced diesel engines, provide financial services, information technology, and distribute truck parts related to their principal business. They have 27,000+ employees globally and have group sales of $25B with an extensive dealers’ network in more than 2200 locations in +100 countries. The chal...

The concept of 4PL emerged a few years ago when large businesses started noticing complexities in their supply chain multiverses. Due to the size of their operations, changing requirements, and evolving markets, regional supply chains often worked efficiently but without cohesion. Aramco Chemicals Company, a foremost global petrochemical company, was in a position where they realised that their supply chains were too scattered to monitor effectively. So, they wanted to partner with a leading lo...

The year 2020 stands witness to human resilience and the undying spirit of collaboration. As COVID-19 spread across the world, commercial establishments reduced their operations to protect their employees. In April 2020, when the pandemic reached Kenya, the sudden spike in cases quickly exhausted the local supply of COVID-19 testing kits. To make more available, the Kenyan government tried sourcing from other countries. However, logistics had become challenging due to global shutdowns and limit...

FESCO Transportation Group, in partnership with Fagioli S.p.A, arranged the transportation and installation of power equipment for the Yerevan Thermal Power Plant. The cargo with a total weight of 14.5 thousand freight tons was delivered from Georgia to Armenia by rail and road transport. Transportation of power equipment Oversized heavy equipment, a gas turbine (205 tons), a transformer (182 tons), and a gas turbine generator (169 tons) were shipped from the Port of Poti (Georgia) to Yerevan...

The customer is one of the pioneer designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities.   Logistics plays a vital role in maximising efficiency and competitiveness in their multichannel business throughout the world.They house several of the multi-brand consolidation centres for the merchandise from Asian suppliers in South East Asia which are subsequently distributed in cross-dock to t...

The customer, Superdry, is a contemporary clothing brand from the UK that fuses vintage Americana and Japanese-inspired graphics with British styles. Their product range is characterised by authentic vintage washes, unique detailing and hand-drawn graphics. Superdry is present in 169 countries. They have over 200 stores across the UK, US and Europe, along with e-commerce websites and a vast network of franchise outlets. The challenge Superdry needed to establish an efficient logistics hub ope...

Kongsberg Maritime announced that it has been selected to supply a large electric winch package for a pelagic trawler/purse seiner, currently being built for the Danish company - Astrid Fiskeri A/S at Karstensens Skibsvaerft A/S in Denmark. The contract includes delivery and commissioning of a set of powerful fishery and auxiliary winches, together with a large Variable Speed Drive package and the latest version of KONGSBERG’s control and monitoring system. Electric multidrive technology...