Artificial Intelligence

Marintec China 2023 Concluded with Record-Breaking Success

Published

10 months ago

December 18, 2023

Marintec China, the leading event of the maritime industry, concluded its highly anticipated 2023 edition on a high note. The exhibition took place at the Shanghai New International Expo Centre from 5 to 8 December and attracted maritime powerhouses, pioneers, innovators, and enthusiasts from around the world. Marintec China 2023 reinforced its position as the premier platform in Asia, with 80,518 professionals, representing a remarkable 12% growth from the last edition, Marintec China 2023 drew professionals from more than 100 countries and regions, with over 2,000 exhibiting companies, including 15 national and regional pavilions. Attendees participated in over 500 concurrent events and signed over 100 contracts during the four-day event. The knowledge and insights gained from the event will shape the future of the maritime industry.

Market Updates at Marintec China
The shipbuilding market took centre stage at Marintec China 2023, as industry players showcased their state-of-the-art vessels and shipbuilding technologies. According to the latest statistics from Clarksons Research, 1,547 new ship orders were placed worldwide in the first ten months of the year, totalling 20,060,400 corrected gross tons (CGT), and 4,359 ships totalling 122.58 million CGT were on the global shipyards’ order book. In terms of the new ship price, Clarksons Research’s new ship price index reached a new high of 176 at the end of October, the highest since 2009, with only an 8% difference from the historical high set in August 2008. In conclusion, the global newbuilding market is expected to continue its positive trend in the coming years.

Decarbonisation was the key theme of the 2023 edition, highlighting the maritime industry’s dedication to reducing greenhouse gas emissions. The event showcased various solutions, such as green design, green manufacturing, and the expansion of low-carbon and zero-carbon ship types. Significant breakthroughs have been made in developing methanol and ammonia fuel engines, and orders have been placed for LNG dual-fuel, methanol dual-fuel, and ammonia fuel ships. In parallel, major advancements have been made in the field of ship auxiliary equipment, particularly in the development of low-carbon products. These include marine fuel filling systems for LNG, LPG, methanol, and ammonia, ship exhaust gas desulphurisation and decarbonisation systems, carbon neutrality systems for methanol and other fuels, and zero-carbon fuel development systems. Marintec China is committed to driving a greener future for the industry.

Alternative fuels were also in the spotlight at Marintec China 2023, as the industry explores viable options to reduce reliance on traditional fossil fuels. According to Clarksons Research statistics, 55.8% of new orders signed in 2022 were for alternative fuel ships, and in the first 10 months of this year there were 346 new orders for alternative fuel ships totalling 30.3 million DWT, accounting for 35% of all new ship orders. Orders for methanol fuel ships increased significantly reaching 120 ships totalling 11.47 million DWT. The event provided a platform for stakeholders to discuss the benefits, challenges, and potential applications of these emerging fuel sources, paving the way for a more sustainable and diversified maritime energy landscape. The cruise market was another important element of Marintec China 2023. With the global cruise market showing a rapid recovery with a positive trend, cruise lines have been resuming voyages one after another. Moreover, international cruise giants have announced their return to China in 2024 to reboot home port operations. On 4 November, China’s first large cruise ship built, Adora Magic City, was named and delivered. It will officially begin operating on New Year’s Day 2024, starting its international routes with Shanghai as its home port. At Marintec China, exhibitors showcased the latest developments and trends in this dynamic sector, with innovative cruise ship designs, on-board technologies, and passenger experience enhancements.

Special Events at Marintec China
In addition to the exhibition, Marintec China 2023 featured several other special events to complement the bustling show floor. The Senior Maritime Forum, a series of high-level discussions and panel sessions under the theme “Innovation, Intelligence, Low-Carbon”, brought together industry leaders, policymakers, and experts to address critical challenges and explore opportunities in the maritime sector. The inaugural Marintec Roundtable, held on 4 December at the Kerry Hotel Pudong, gathered key stakeholders in the maritime sector for a closed-door dialogue on the challenges of building a more resilient future. Marintec Innovation OnStage, highlighting breakthrough technologies and disruptive innovations that are shaping the future of the maritime industry. Marintec TV, broadcasted live from the exhibition floor, with VIP interviews with CEOs and industry experts, ensuring attendees could stay connected and engaged.

The Leading Maritime Barometer
Marintec China 2023 provided attendees with a wealth of knowledge, valuable connections, and insights to take back to their respective organisations. “We are thrilled with the overwhelming success of Marintec China 2023,” said Ms Stella Fung, General Manager of Maritime, Informa Markets. “The record-breaking attendance and quality of exhibitors and attendees reflect the importance of this event in the global maritime industry. Marintec China will continue to be the catalyst for driving growth, fostering innovation and promoting sustainability within the industry.”

As one of the largest maritime events and the leading maritime barometer, Marintec China plays a pivotal role in advancing the maritime industry by providing a platform for knowledge exchange, technological advancement, and business opportunities. Planning is already underway for Marintec China 2025, with the Organiser looking forward to building on the success of this year’s edition. Marintec China 2025 will return to Shanghai from 2 to 5 December. We hope to see you all in two years’ time.

Organisers:
Marintec China is organised and managed by Informa Markets and Shanghai Society of Naval Architects & Marine Engineers (SSNAME).

Informa Markets
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

Shanghai Society of Naval Architects and Marine Engineers (SSNAME)
Shanghai Society of Naval Architects and Marine Engineers (SSNAME) was founded on 25 February 1951 and has more than 5000 individual members and over 60 group members at the moment. The professional range of SSNAME covers academic and technical exchanging, exhibiting, popularization of science, editing, and publishing as well as scientific consulting in the field of naval architect and marine engineering.

SSNAME has established friendly cooperation with 14 overseas maritime engineering societies to promote bilateral and multilateral exchanges and cooperation. It’s one of the Sponsors of Pan Asian Association of Maritime Engineering Society (PAAMES), and elected as the first president. SSNAME is also a member of the World Maritime Technology Congress and hosted WMTC’18 which was held in December 2018.

As it always adheres to innovation and development, SSNAOE has achieved great success in academic exchange, scientific popularization, editing and publishing, international intercourse and organization optimization over years of endeavor. It was awarded “National Advanced Civil Organization” by the Ministry of Civil Affairs, “Advanced Collective under China Association for Science and Technology” by the Ministry of Personnel and China Association for Science and Technology. In recent years, it has been awarded the title of “5A-level Social Organization” in the evaluation of the standard construction of social organizations organized by Shanghai Civil Affairs Bureau and Shanghai Association Administration Bureau.

After 70 years of development, SSNAME has now won a high reputation and shown an evident academic influence in the shipbuilding and offshore engineering industry.

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Artificial Intelligence

Rowenta, a brand of Groupe SEB, and Narwal Unveil Co-Engineered X-CLEAN 10 in Landmark Partnership

Published

17 mins ago

October 22, 2024

CISION (PR Newswire)

PARIS, Oct. 22, 2024 /PRNewswire/ — Rowenta, a leader in high-performance home appliances under Groupe SEB, proudly announces its technology partnership with Narwal, a pioneer in home cleaning robotics. By combining Rowenta’s renowned craftsmanship and market influence with Narwal’s cutting-edge robotic technology, the new partnership is set to redefine home cleaning standards for European consumers. The collaboration introduces the Rowenta X-CLEAN 10, an Intelligent Cordless Vacuum and Wash Cleaner, showcasing both brands’ shared commitment to innovation and product excellence. Powered by Narwal’s state-of-the-art cleaning technology, this co-engineered innovation underscores the significance both brands place on the European market, reflecting their shared vision for future growth and advancement in home cleaning solutions.

Strategic Alliance in Home Cleaning Excellence
As the world reference in small domestic equipment, Groupe SEB has a unique portfolio of top brands including Rowenta, Tefal, WMF and Krups… Rowenta, which celebrates 140 years of excellence this year, is one of its flagship brands and continues to drive innovation in household appliances. Rowenta’s success has been bolstered by its presence within Groupe SEB’s diverse ecosystem, allowing it to thrive in key categories such as Personal Care, Home Comfort, Linen Care and Floor Care, depending on markets in which the brand is implanted. In particular, its growing success in the Floor Care sector continues to be widely recognized, further strengthening its foothold in European homes.
Narwal, a leader in robotic cleaning technology, shares Rowenta’s commitment to “make consumer’s everyday life easier” with innovation. With a global team of over 700 researchers—more than half of its 1,400+ workforce—Narwal has developed intelligent cleaning solutions that serve over 3 million households worldwide. Ranked among the top five robotic cleaning manufacturers, Narwal achieved $200 million in sales within two years of its launch and continues to see double-digit growth.
This collaboration brings together two industry leaders, leveraging Narwal’s advanced cleaning technology to enhance Rowenta’s X-CLEAN 10. By merging Narwal’s expertise with Rowenta’s robust market presence and localized knowledge, this partnership underscores a mutual dedication to delivering innovative, high-quality products that meet the evolving needs of European consumers.
Rowenta X-CLEAN 10: The Next-level Floor Care Innovation
The Rowenta X-CLEAN 10, the first co-engineered product from the technology partnership with Narwal, showcases exceptional excellence through precision engineering and advanced technology. It features Narwal’s patented AI DirtSense™ technology, which intelligently adjusts water flow and suction based on dirt levels, ensuring thorough cleaning with minimal user intervention. Complementing this is the innovative L-shaped double-row staggered comb brush, leveraging Narwal’s expertise in anti-tangling technology.
Additionally, the X-CLEAN 10 delivers top-tier performance for flawless results in no time: Its self-propelled roller system offers an ultra-lightweight cleaning experience with only 0.8 kg in hand—with a flexible 180-degree design for ultimate reach. It also proposes a self-cleaning system built with an exclusive bi-directional hassle-free self-cleaning and self-drying system at the push of a button. Finally it is full Innovative solutions that make cleaning easier, including vocal assistance, user-friendly controls on an LED screen, real-time dirt tracking and more: A revolutionary cleaner that sets a new standard for cordless vacuum performance in European homes.
“We’re excited to partner with Rowenta and bring groundbreaking cleaning solutions to European consumers. Together, we look forward to introducing even more exceptional innovations in the future,” says Hower Wu, Senior Vice President, Narwal Robotics.
“We are very impressed by Narwal’s innovative technologies such as AI DirtSense™. Their expertise elevates the cleaning experience to an entire new level,” says David Jeanson, General Manager, Home, Linen and Personal Care, Groupe SEB.
About Narwal
Narwal is known for using its cutting-edge technology to realize its objective of bringing flawless floors to users. As one of the top five robotic cleaning manufacturers, the brand generated $200 million in sales within two years of launching its first product and has consistently maintained high double-digit annual growth since then. In H1 2024, Narwal expanded its international market sales volume by an impressive 750% year-over-year, serving over 3 million households globally. The company has secured significant investments from prominent backers, including Sequoia Capital, Hillhouse Capital, ByteDance (the parent company of TikTok), and Tencent. With a team of over 700 researchers and scientists —comprising more than half of its 1,400+ global workforce. In recent years, Narwal has achieved numerous breakthroughs across various fields and garnered prestigious international awards, including the CES Innovation Awards, Red Dot Awards, the Edison Gold Award, and a spot on Time Magazine’s 100 Best.
About Rowenta
At Rowenta, a brand born in Germany in 1909, we have been able to meet the consumer’s needs by combining performance that guarantee perfect results with features that take care of you.
We innovate everyday with new solutions that smooth out and purify all your clothes, appliances that take care of your hair and skin, efficient, easy-to-handle and quiet vacuum cleaners, and products that improve the indoor air quality, so you always look and feel at your best.
We are constantly seeking to optimize resource consumption in the development and use of our products to make Rowenta performance a more sustainable one. A performance that always gives the best results and makes your life easier every time and for a long time.
ContactAria Si – [email protected]
Photo – https://mma.prnewswire.com/media/2535754/Rowenta_KV.jpgLogo – https://mma.prnewswire.com/media/2309467/Narwal_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/rowenta-a-brand-of-groupe-seb-and-narwal-unveil-co-engineered-x-clean-10-in-landmark-partnership-302281909.html

Artificial Intelligence

Corporater named a market leader in Operational Resilience Software by Independent Research Firm

Published

17 mins ago

October 22, 2024

CISION (PR Newswire)

STAVANGER, Norway, Oct. 22, 2024 /PRNewswire/ — Corporater, a global leader in software solutions for Governance, Risk, and Compliance (GRC) along with Performance Management (jointly addressed as GPRC), is proud to announce the recognition of being named a leader in Verdantix’s recently published “Operational Resilience Software Benchmark” research. The report states that “Corporater offers a first-of-its-kind governance solution for resilience”.

The Corporater software platform’s flexible structure and powerful capabilities offer end-to-end processes to conform with regulatory requirements, e.g., NIS2, SEC Sound Practices to Strengthen Operational Resilience, DORA, and UK Operational Resilience PS 21/3, and PRA 6/21 as Operational Resilience (OpRes) is emerging as a top priority for organizations worldwide.
The emphasis on governance, AI, process execution, and comprehensive risk capabilities sets the stage for Corporater’s integrated suite of GRC and Performance capabilities as a leading tool for a successful digital transformation of an organization’s resilience program, optionally part of a holistic, integrated GPRC program where operational resilience is one of several critical business objectives.
“In Corporater, we believe the GRC program should be business-integrated by design and thus aligned with business objectives and the performance against the objectives. Operational Resilience is business-integrated by design and is an excellent example of how an integrated GRC and Performance software can enable an organization’s resilience objective/obligation”, said Paul Greenhalgh, product owner for UK Operational Resilience Solution at Corporater.
“Corporater continues to set the standard for integrated enterprise GRC and Performance Management solutions,” said Owe Lie-Bjelland, GPRC Director at Corporater. “This recognition from Verdantix means a lot to us as we aim to empower organizations to not only manage risks and compliance effectively across the enterprise but also enhance overall business performance through a business-integrated GRC program.”
Access the report here.
For media inquiries, please contact:Corporater: [email protected]
About Corporater:
Corporater is a leading global provider of enterprise software solutions for Governance, Performance, Risk, and Compliance (GPRC) management. With more than 20 years of experience, innovation, and customer satisfaction, Corporater empowers medium and large organizations to achieve their objectives for effective GRC and Performance programs. Whether traditional GRC challenges such as enterprise risk, internal control system, IT risk, incident management, and Internal Audit or emerging challenges such as ESG or operational resilience, Corporater can deliver an integrated system on one platform. Visit corporater.com or follow us on LinkedIn.

View original content:https://www.prnewswire.co.uk/news-releases/corporater-named-a-market-leader-in-operational-resilience-software-by-independent-research-firm-302282923.html

Artificial Intelligence

Happiest Minds positioned as a ‘Major Contender’ in Everest Group’s Cybersecurity PEAK Matrix® Assessment – North America 2024

Published

17 mins ago

October 22, 2024

CISION (PR Newswire)

SAN JOSE, Calif. and LONDON and BENGALURU, India, Oct. 22, 2024 /PRNewswire/ — Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it has been positioned as a ‘Major Contender’ in the latest market evaluation report, Cybersecurity Services PEAK Matrix® Assessment 2024 – North America by Everest Group.

Ram Mohan C, CEO of Infrastructure Management & Security Services (IMSS), Happiest Minds, said, “Our approach to cybersecurity is strategic and holistic, integrating advanced services to address the full spectrum of threats across diverse IT environments. We have invested significantly in cybersecurity solutions, including AI-driven threat detection, Zero Trust architecture, Secure Access Service Edge (SASE), Gen AI security, quantum security, and advanced Security Operations Center (SOC) capabilities. At Happiest Minds, we continuously adapt to industry trends, embedding cybersecurity into every facet of our service delivery, innovation, and technology adoption, ensuring our customers are prepared to tackle the evolving challenges of today’s digital economy.”
Priya Kanduri, CTO of Infrastructure Management & Security Services (IMSS) and Head of Security Services, Happiest Minds, said, “This recognition highlights our strategic vision and unwavering commitment to delivering cutting-edge cybersecurity services to our customers. We have strengthened our talent pool and leveraged automation to address industry-wide skill gaps, ensuring robust and scalable security operations. Our relentless drive towards excellence in addressing the most pressing security challenges empowers us to deliver exceptional value to our customers. This accolade reinforces our perseverance in driving innovation in the cybersecurity landscape.”
About Happiest Minds Technologies
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. We do this by leveraging a spectrum of disruptive technologies such as: artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/ augmented reality, etc. Positioned as ‘Born Digital. Born Agile’, our capabilities span Product & Digital Engineering Services (PDES), Generative AI Business Services (GBS) and Infrastructure Management & Security Services (IMSS). We deliver these services across industry groups: Banking, Financial Services & Insurance (BFSI), EdTech, Healthcare & Life Sciences, Hi-Tech and Media & Entertainment, Industrial, Manufacturing, Energy & Utilities, and Retail, CPG & Logistics. The company has been recognized for its excellence in Corporate Governance practices by Golden Peacock and ICSI. A Great Place to Work Certified™ company, Happiest Minds is headquartered in Bengaluru, India with operations in the U.S., UK, Canada, Australia, and the Middle East.
Media Contact:Kiran [email protected]
Logo: https://mma.prnewswire.com/media/1812236/4024169/Happiest_Minds_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/happiest-minds-positioned-as-a-major-contender-in-everest-groups-cybersecurity-peak-matrix-assessment–north-america-2024-302282929.html