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Time Services News

05 Apr 2018

Maersk Line Scale Up Innovative Smart Reefers in India

In the past one year, Maersk Line, the global containerized division of the Maersk Group has enabled movement of multiple consignments of complex cargo out of India successfully, said a press release. Due to its global presence and network, the exporter network of India has been able to successfully reach out to newer geographies. Commenting on the achievement, recently appointed Managing Director for Maersk Line (India, Sri Lanka, Nepal, Bangladesh, Maldives and Bhutan), Steve Felder said, ”In the past 18 months or so, we have expanded our horizon in various new commodity categories. India is at an exciting growth path and with our focus on adding value to the customer’s end to end cold chain, the commitment to support the growth of the trade is very strong and visible.

30 Jun 2016

Blohm + Voss to Open Refit Facility for Megayachts

(Photo: Blohm+Voss)

Blohm+Voss has announced  that it has won the tender for the set-up of a new maintenance and refit facility for megayachts in La Ciotat, in the South of France. The company will partner with “La Ciotat Shipyards” (managed by SEMIDEP-Ciotat), the local company in charge of the site development which is providing a large dry-dock and neighboring workshop premises embedded within the existing shipyard. Blohm+Voss will utilize this new facility in the heart of the Mediterranean to maintain and service megayachts over 80 meters in length. Operation is planned to start in November 2016.

16 Jul 2015

Hyundai Heavy Industries to Build 'Connected Smart Ships'

Shipbuilder Hyundai Heavy Industries is collaborating with technology service provider Accenture to design a ‘connected smart ship’ that aims to enable ship owners to better manage their fleets and achieve potential operational savings through the application of digital technologies. Using a network of sensors that will be built into new vessels, ship owners will be able to capture a range of ship voyage information including location, weather and ocean current data, as well as on-board equipment and cargo status data. By applying real-time analytics to new and historical fleet data and using data visualization technology to present the insights…

17 Apr 2000

Strategic Value Adding Purchasing

An effective purchasing strategy is at the core of successful purchasing departments. Strategies that offer total value to an organization should be the goal of all purchasing organizations. Purchasing professionals around the world are always in search of new strategies that creatively reduce costs and add previously unrealized value to an organization. Since motivating multi-company groups is difficult, the purchasing department must offer a clear strategy that offers value to all involved. Hence, Purchasing Programs, procuring products plus services, is a strategy that can be employed successfully to bring value to all involved. The theory of Purchasing Programs is to leverage vendors to offer products and services — whereas previously — vendors were only offering products.