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.

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

Louis Dreyfus Picks Chinese Shipyard to Build Three New SOVs for Vattenfall

Louis Dreyfus Picks Chinese Shipyard to Build Three New SOVs for Vattenfall

22 hours ago
French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall.SALT, an offshore vessel designer and long-time partner of LDA, has been entrusted with the development of the new SOVs.ZPMC has been chosen as the shipyard for the construction of the new SOVs.The new SOVs will integrate high-end European components, including the gangway system, the DP system and key propulsion line systems, ensuring tier I performance and reliability.
Greek Shipyards Revitalized

Greek Shipyards Revitalized

2 days ago
The rhythmic clang of hammers and the bright flashes of welding torches filled the air at Skaramangas Shipyard near Athens last month, as workers busily repaired the bow of a large tanker. Nearby, other vessels awaited their turn in the dry dock—an unmistakable sign of renewed activity at the once-idle shipyard.Just a year ago, Skaramangas stood empty, a stark reminder of Greece’s prolonged debt crisis from 2009 to 2018. Following decades of inconsistent government ownership and uncertainty, the shipyard had languished. But today, it is experiencing a revival.“Now there is life here again,” said Theodoros Evagelou, a worker sandblasting and painting ships.
Evergreen Places $3.2B Order for 11 LNG Dual-Fuel Container Ships

Evergreen Places $3.2B Order for 11 LNG Dual-Fuel Container Ships

2 days ago
Taiwanese container shipping firm Evergreen Marine Corporation has ordered 11 new LNG dual-fuel container ships from South Korean and Chinese shipyards, whose combined worth is up to $3.2 billion.On February 12, Evergreen disclosed two orders for 11 container ships, each with a 24,000 TEU capacity.The company placed an order to South Korea’s Hanwha Ocean for six vessels, and to CSSC Guangzhou Shipyard International (GSI) in China for the remaining five vessels.Evergreen will pay between $265 million and $295 million per unit, totaling up to approximately $1.77 billion for six vessels to be built at Hanwha Ocean and around $1.47 billion for five containerships at GSI.
MEGA MACHINES: Manson Prepares to Add “The Bionic Man” of Dredge Vessels

MEGA MACHINES: Manson Prepares to Add “The Bionic Man” of Dredge Vessels

2 days ago
Manson Construction has long been a pillar of the U.S. maritime industry, rooted in a tradition of U.S.-built, U.S.-owned, and U.S.-operated vessels. The company was founded in 1905 by Peter Manson, when he dug up a jar of gold coins [because he didn’t trust the banks] and purchased a winch, a winch that was then put on a barge and that became Manson's first pile driver. With barge-mounted pile driver, Manson Construction  embarked on its journey into marine construction and eventually dredging, a journey which continues today as it has become a dominant player today in the U.S. maritime market, playing a crucial role in building and maintaining the nation’s maritime infrastructure.
MSC Baltic III Grounded, Crew Safe

MSC Baltic III Grounded, Crew Safe

3 days ago
Canada’s Marine Communications and Traffic Services received a MAYDAY on Saturday from the MSC Baltic III as it ran aground located approximately 12 nautical miles outside the entrance to Bay of Islands, Newfoundland and Labrador, Canada.The vessel reported a loss of power, and unable to secure an anchor in the adverse conditions, grounded in Wild Cove west of Lark Harbour. All 20 crew have been airlifted to safety.Weather in the area continues to be a factor as work is underway to assess the situation and determine the next steps. Canadian Coast Guard crews and Eastern Canada Response Corporation representatives are establishing a staging area in Lark Harbour.