World News
ABB Acquisition Expands Software Offering
Zurich, Switzerland based power and automation technologies firm ABB Asea Brown Boveri Ltd (ABB) has announced the acquisition of Dutch maritime software solutions company Amarcon BV (Amarcon).
The company said the deal, expected to be concluded in the third quarter of 2012, will expand ABB's advisory systems offering for customers in the maritime sectors.
According to the press release, Amarcon's products focus on safety and improved operational ability for ships.
ABB said that energy cost, emissions, and ship safety are becoming increasingly important on ships and software advisory solutions play a "critical role" in helping realise operational gains in those areas.
"Amarcon's Octopus product, its know-how of ship hydrodynamics and ship modeling capabilities are a complementary and strategic fit for our existing software portfolio," said Veli-Matti Reinikkala, head of ABB's Process Automation division.
Leon Adegeest, founder and Managing Director of Amarcon BV added, "For Amarcon, joining ABB will accelerate our capacity to develop marine advisory products that improve vessel operational availability and safety for this fast growing market."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 511.00 | 2.00 | 602.00 | 3.00 |
| Rotterdam | 469.50 | 6.50 | 609.50 | 5.00 |
| Houston | 472.00 | 5.50 | 618.50 | 9.00 |
| Fujairah | 500.00 | 5.50 | 704.50 | 3.50 |
| Global 20 Ports Average | 531.00 | 1.50 | 706.50 | 3.50 |
| Global 4 Ports Average | 488.00 | 2.00 | 633.50 | 1.00 |
| Global Average Bunker Price | 569.50 | 0.50 | 752.50 | 0.00 |
Popular Now More
-
May 27Chris Young has recently joined the company as management consultant, a Sekavin representative tells Ship & Bunker. -
May 27The firm said it will concentrate on its current biofuel refinery located in Finland. -
May 26The company will supply all all VLSFO and MGO ex-pipe bunker fuel sales at the Enterprise Houston Terminal as of June 1.