ABB Industries AB

ABB Industries AB is a subsidiary of ABB Ltd, a multinational corporation headquartered in Zurich, Switzerland. ABB stands for Asea Brown Boveri, created in 1988 through the merger of the Swedish company ASEA and the Swiss company Brown, Boveri & Cie. ABB operates in a variety of sectors, focusing primarily on robotics, power, automation technology, and heavy electrical equipment. Here are some key points about ABB Industries AB and its parent company:

Diverse Product Portfolio

ABB's product portfolio spans multiple sectors, with a focus on technologies that enhance productivity and efficiency. This includes:

Robotics and Discrete Automation: ABB is a leading provider of industrial robots and automation solutions for manufacturing processes.
Electrification Products: The company offers a wide range of products and services for electrical systems, including circuit breakers, switchgear, cables, and wiring accessories.
Industrial Automation: ABB provides control systems, measurement products, and analytical instruments designed to optimize industrial processes.
Power Grids: Focusing on substations, transformers, and other key infrastructure needed for power transmission and distribution.

Key Markets and Customers

ABB serves a variety of industries, including automotive, food and beverage, energy, metals and mining, pulp and paper, and marine. The company provides solutions designed to enhance the efficiency and reliability of operations in these industries.

Innovation and Sustainability

ABB is heavily invested in research and development, continually innovating to stay ahead in the fast-changing technology landscape. The company is also committed to sustainability, aiming to reduce environmental impact through its eco-efficient products and sustainable business practices.

Global Presence

ABB operates in over 100 countries and employs around 110,000 people worldwide. The company's extensive global network allows it to provide localized support and services to its vast customer base.

Financial Performance

As a publicly traded company listed on the SIX Swiss Exchange and the New York Stock Exchange, ABB Ltd periodically publishes its financial results. The company aims for steady growth, driven by its broad product portfolio and global presence.

Recent Developments

ABB continues to expand through acquisitions and partnerships to enhance its technological capabilities and market reach. The company is also increasingly focusing on digital solutions like ABB Ability™, a unified, cross-industry digital offering designed to unlock value in the Industrial Internet of Things (IIoT).

Ethical and Governance Practices

ABB adheres to stringent ethical standards and governance practices. The company is committed to integrity, transparency, and accountability in all its operations.

Overall, ABB Industries AB and its parent company ABB Ltd are prominent players in the field of automation and electrical engineering, known for their innovation, quality, and comprehensive solutions that span multiple industries.

+46-70 319 2251
www.abb.com/marine
+46-31 28 42 89

Products

Marine HVAC and Automation Systems

Molndal Sweden

Lunnagardsgatan 4
Molndal S-43187
Sweden

Ships

SHELIKOF TRADER

Barge | Flag: United States of America | Port: SEATTLE, WA

Maritime News

Maersk, Hapag-Lloyd: No immediate return to Red Sea

2 days ago

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," a Hapag-Lloyd spokesperson told Reuters."It is still too early to speculate about timing," a Maersk spokesperson said.

What Keeps Business Leaders Awake at Night?

2 days ago

Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.The risk impact of new technologies and developments in artificial intelligence (AI) is a new entrant in the top 10 global risks at #10.Closely interlinked to cyber, business interruption is ranked #2 (31%), just ahead of another related risk, natural catastrophes at #3 (29%).Climate change is another standout result in 2025.

MOL and JERA Ink Charter for LNG Carrier Newbuild

2 days ago

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174,000 m3.The vessel will be managed by MOL and will transport LNG for JERA.

Pirates: More Guns, More Hostages

3 days ago

The ICC International Maritime Bureau (IMB) has reported an increase in the number of crew taken hostage or kidnapped in 2024.The IMB annual Piracy and Armed Robbery Report recorded 116 incidents against ships in 2024 compared to 120 in 2023 and 115 in 2022. It reveals that 94 vessels were boarded, 13 attempted attacks, six vessels hijacked and three fired upon.While the number of reported incidents in 2024 remains similar to those reported in 2023 and 2022, the number of crew taken hostage or kidnapped increased to 126 taken hostage in 2024 compared to 73 in 2023 and 41 in 2022. Twelve crew were reported kidnapped, compared to 14 in 2023 and two in 2022.

James Fishers Orders Four LNG Dual-Fuel Tankers

3 days ago

James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the long-term.A number of features that will add to the overall sustainability of the new builds have been carried over from recent additions to the company’s fleet, vessels Sir John Fisher and Lady Maria Fisher.