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Physical Products News

05 Jun 2019

Wärtsilä Rolls-out Digitalised Operim

Finnish technology group Wärtsilä is launching a new, digital version of its Operim (Operational Performance Improvement & Monitoring) offering as a key feature of Wärtsilä’s Smart Marine vision. By digitally augmenting physical products through the addition of data collection capabilities and cloud based analytics, Operim enables improvements in operational performance through continuous monitoring and reporting of the key performance indicators and virtual instrumentation.The collected data is delivered to the system’s user in real-time, thereby allowing appropriate and timely manual or autonomous decision-making in a predictive or adaptive manner.Since a vessel is only as efficient…

22 Feb 2019

Maastricht Maersk Makes Maiden Call to Rotterdam

Maastricht Maersk, the latest next-generation Triple-E vessel known for improved energy efficiency and environmental performance, has arrived for the first time to Rotterdam on her westbound voyage from Asia.Welcoming  the maiden voyage of the most modern vessel in the fleet to Rotterdam, Bo Lindberg Andersen, Benelux Countries Manager at Maersk said: "The Dutch name of the new vessel is a symbol of our long-lasting and mutually beneficial relationship with The Netherlands and local customers. What is even more important is our continuous commitment to serve the Dutch market and provide services that support local trade ambitions and trigger growth.”Dutch customers continues…

18 May 2017

MXB Begins Physical Operations in Mumbai

Photo: MXB

Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is a joint venture between Matrix Marine Fuels and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU (state owned) oil refining and marketing companies. The company will provide physical products at Mumbai’s Outer Port Limits (OPL), servicing vessels that are waiting to berth, as well as vessels making bunker-only-calls.

21 Mar 2016

VIKING's Profit Run Continues

The 2015 financial year saw VIKING Life-Saving Equipment A/S continue its unbroken, 12-year run of revenue and profit increases. Revenues were up nine percent at DKK 1.891 billion, while profits before tax also grew nine percent to reach DKK 200.5 million. The impressive results were achieved despite difficult market conditions, and CEO Henrik Uhd Christensen is predicting 2016 and 2017 to be even more challenging. “We performed well during 2015, and we’re aiming for continued growth in revenue and profits as our next strategic phase culminates in 2020,” he states. “That said, we’re operating in markets that have entered a decisive phase, particularly when it comes to the offshore and cargo segments. VIKING operates in three key market segments: Cargo, passenger and offshore.

13 May 2014

OW Bunker Reduces Global Claims to 0.9%

Internal quality standard helps company meet global target of reducing claims to below 1% and set new industry benchmark for best practice. OW Bunker has  announced that it has reduced global claims1 on physical products to 0.9% for Q1 2014. This is down from an average of 1.6% in 2013. The company set a target of reducing global claims to below 1% when it introduced its own Global Quality Standard (GQS) at the end of 2012 to ensure the quality of products supplied by its physical operations on a global basis.