Business in Asia: Transportation, Maritime, Logistics news

Danish firm laid off hundreds of employees in Thailand factory to make a profit

Danish Viking Life-Saving Equipment A / S with around 3,000 employees employed in maritime security globally has just presented a profit for 2020 of DKK 170 million before tax. However, the company had to lay off hundreds of employees especially at a factory in Thailand to reach that profit during the pandemic. Viking Life-Saving Equipment…

Meet Danish companies at Wind Energy Asia 2021

The Danish Wind Export Association and The Trade Council of Denmark, Taipei 丹麥商務辦事處 have found this Wind Energy Asia a very important event to join. The Wind Energy Asia conference is the place to be, to network, get know how, to find inspiration, they ssay in an invitation to visit the joint booth “Pavilion of…

China-Europe train departed Xi’an on maiden trip to Denmark

On 6 March, the first China-Europe train departed Xi’an, headed for Denmark. The service includes a sea leg, covering the Baltic Sea from the Russian port of Kaliningrad to the Danish port of Fredericia. The train is fully loaded with goods from SW Motor Company. After Norway and Sweden, Denmark is the third Scandinavian country…

Wilhelmsen Ship Management take a lead in sustainable and emissions-free future in Singapore

Wilhelmsen Ship Management is headquartered in Singapore has been a leading light in the local marine drive for a sustainable and emissions -free future Wilhelmsen Ship Management president and chief executive officer Carl Schou says “Singapore has the goal of being the of decarbonisation in shipping,” “The Group is currently involved in three separate projects…

Volvo Group delivered a good profitable 2020

Volvo Group recently published the Annual and Sustainability Report 2020 on 26 February 2021. In a year with many challenges the Volvo Group delivered a good profitability and strengthened its financial position. The report outlines the Volvo Group’s strategy aimed at fulfilling the mission of driving prosperity through transport and infrastructure solutions, where the ability…

China rolls out the first Vaccine Passport

China has started implementing an international vaccine health certificate in anticipation that it will be recognized by other countries soon, making global travel easier. The country is among the first in the world to issue a vaccine passport that shows details of a traveler’s Covid-19 inoculation, as well as nucleic acid and antibody test results.…

Chinese Geely and Taiwanese FoxConn form joint venture

Geely, China’s largest private-sector automaker, has taken the first step toward becoming the Foxconn of electric vehicles. Geely and Foxconn, the Taiwanese Apple assembler, are establishing a 50-50 joint venture that will manufacture whole electric vehicles for clients as well as parts. Just like Foxconn did with iPhones, Geely will pursue an economy of scale…

Singapore’s Hamworthy Pumps names new Norwegian Product Director

Singapore’s Hamworthy Pumps, designer and manufacture of specialized in-line pump solutions for the marine and offshore industries, names Norwegian Per Abrahamsen new Product Director. 48-year-old Per Abrahamsen is no newcomer to the industry and started as a pump designer at Hamworthy Pumps in Asker Norway in 1999. Throughout the years he has gained an in-depth-knowledge…

Norwegian offshore wind installation ship launched in China

Norwegian owner Offshore Heavy Transports (OHT) new build vessel Alfa Lift was launched on 28 February from its drydock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China, Offshore Engineer reports. The semisubmersible heavy installation vessel is designed and built for installing the next generation XXL offshore wind foundations and will now be moored…

Volvo Cars will sell only electric vehicles by 2030

3 March 2021 Volvo Cars announced it is only going to sell electric vehicles by 2030. It will phase out all car models with internal combustion engines by then, including hybrids. The carmaker is also planning to invest heavily in online sales and simplifying its products. It is trying to capitalise on growing demand for…