IMO

Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011

Retrieved on: 
Wednesday, March 15, 2023

Over the course of her 12 years, she led the creation of four strategic community programs focused on Cummins’ global priority areas: Cummins TEC: Technical Education for Communities, Cummins Powers Women, Cummins Advocating for Racial Equity (CARE) and Cummins Water Works.

Key Points: 
  • Over the course of her 12 years, she led the creation of four strategic community programs focused on Cummins’ global priority areas: Cummins TEC: Technical Education for Communities, Cummins Powers Women, Cummins Advocating for Racial Equity (CARE) and Cummins Water Works.
  • Knowing the active and influential role Cummins plays as a corporate citizen, she came to Cummins to apply her focus on solving complex global community challenges.
  • “Mary has been an outstanding Corporate Responsibility leader for Cummins,” said Tom Linebarger, Cummins’ Executive Chairman.
  • “At Cummins, we have always had the vision to be as capable in serving our communities as we are in serving our customers and our shareholders.

Industrial Pumps Market to be Worth $92.98 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, March 15, 2023

SAN FRANCISCO, March 15, 2023 /PRNewswire/ -- The global industrial pumps market size is expected to reach USD 92.98 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, March 15, 2023 /PRNewswire/ -- The global industrial pumps market size is expected to reach USD 92.98 billion by 2030, according to a new report by Grand View Research, Inc.
  • Read 152-page market research report, " Industrial Pumps Market Size, Share & Trends Analysis Report By Product (Centrifugal Pump, Positive Displacement Pump), By Application (Water & Wastewater, Chemicals, Construction), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • The demand for this product is expected to witness significant growth owing to ongoing and projected refinery upgrades across the globe.
  • Grand View Research has segmented the global industrial pumps market based on product, application, and region:
    Industrial Pumps Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

Industrial Pumps Market to be Worth $92.98 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, March 15, 2023

SAN FRANCISCO, March 15, 2023 /PRNewswire/ -- The global industrial pumps market size is expected to reach USD 92.98 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, March 15, 2023 /PRNewswire/ -- The global industrial pumps market size is expected to reach USD 92.98 billion by 2030, according to a new report by Grand View Research, Inc.
  • Read 152-page market research report, " Industrial Pumps Market Size, Share & Trends Analysis Report By Product (Centrifugal Pump, Positive Displacement Pump), By Application (Water & Wastewater, Chemicals, Construction), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • The demand for this product is expected to witness significant growth owing to ongoing and projected refinery upgrades across the globe.
  • Grand View Research has segmented the global industrial pumps market based on product, application, and region:
    Industrial Pumps Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

Safe Bulkers Maintains Strategic Focus on Fleet Competitiveness

Retrieved on: 
Tuesday, March 7, 2023

Investing in environmental technologies and boosting fleet competitiveness is a key part of Safe Bulkers strategy.

Key Points: 
  • Investing in environmental technologies and boosting fleet competitiveness is a key part of Safe Bulkers strategy.
  • Safe Bulkers expects this strength to continue, as Dr. Barmparis stated, “on the expectation of China’s improving performance with the opening of its markets.”
    The Safe Bulkers President also stressed that the market’s softness was due, in part, to its seasonal nature.
  • Safe Bulker’s shares are up by about 50% since the end of September ($2.47 on September 30, 2022 - $3.73 on March 3, 2023).
  • Dr. Barmparis pointed out that Safe Bulker’s strategy aims to combine sustainable returns to shareholders while enhancing the competitiveness of the company for the long term.

Fuel Cell Boats & Ships, a Methanol to the Madness | IDTechEx

Retrieved on: 
Tuesday, March 7, 2023

BOSTON, March 7, 2023 /PRNewswire/ -- IDTechEx has published a series of articles recently covering hydrogen- and ammonia-powered fuel cell (FC) demand in shipping.

Key Points: 
  • BOSTON, March 7, 2023 /PRNewswire/ -- IDTechEx has published a series of articles recently covering hydrogen- and ammonia-powered fuel cell (FC) demand in shipping.
  • Indeed, methanol has garnered lots of interest, particularly since shipping giant Maersk ordered 19 methanol (combustion) ships, with deliveries beginning in 2025.
  • For more on IDTechEx's granular outlook on fuel cell use in the maritime sector, see the new IDTechEx report, " Fuel Cell Boats & Ships 2023-2033: PEMFC, SOFC, Hydrogen, Ammonia, LNG ".
  • Green methanol is one of the most comparable alternative fuels to diesel in terms of energy density.

Fuel Cell Boats & Ships, a Methanol to the Madness | IDTechEx

Retrieved on: 
Tuesday, March 7, 2023

BOSTON, March 7, 2023 /PRNewswire/ -- IDTechEx has published a series of articles recently covering hydrogen- and ammonia-powered fuel cell (FC) demand in shipping.

Key Points: 
  • BOSTON, March 7, 2023 /PRNewswire/ -- IDTechEx has published a series of articles recently covering hydrogen- and ammonia-powered fuel cell (FC) demand in shipping.
  • Indeed, methanol has garnered lots of interest, particularly since shipping giant Maersk ordered 19 methanol (combustion) ships, with deliveries beginning in 2025.
  • For more on IDTechEx's granular outlook on fuel cell use in the maritime sector, see the new IDTechEx report, " Fuel Cell Boats & Ships 2023-2033: PEMFC, SOFC, Hydrogen, Ammonia, LNG ".
  • Green methanol is one of the most comparable alternative fuels to diesel in terms of energy density.

Simplicity and Insurance Designers of America Merge to Offer an Unrivaled Suite of Services

Retrieved on: 
Thursday, March 2, 2023

SUMMIT, N.J., March 2, 2023 /PRNewswire/ -- Simplicity Group Holdings, Inc. ("Simplicity") today announced that it has acquired Insurance Designers of America ("IDA"), a leading IMO, to offer an unrivaled suite of services.

Key Points: 
  • SUMMIT, N.J., March 2, 2023 /PRNewswire/ -- Simplicity Group Holdings, Inc. ("Simplicity") today announced that it has acquired Insurance Designers of America ("IDA"), a leading IMO, to offer an unrivaled suite of services.
  • Together, Simplicity and IDA will offer its respective members a market-leading, tech-enabled distribution platform with an unrivalled suite of sales and marketing resources.
  • "Simplicity was founded on the premise that all our partners should be treated equitably and enjoy all the aspects of our growing platform.
  • We recognize that independent distributors have a choice with whom they wish to affiliate and we are thrilled that IDA has chosen Simplicity to be its long-term partner."

Bloom Energy Fuel Cells Demonstrate Effectiveness in First Major Marine Deployment Aboard Cruise Ship Built by Chantiers de l’Atlantique

Retrieved on: 
Wednesday, March 1, 2023

In their first major marine deployment, Bloom Energy (NYSE:BE) fuel cells demonstrated a significant increase in electrical efficiency on a luxury cruise ship built by Chantiers de l’Atlantique (CdA).

Key Points: 
  • In their first major marine deployment, Bloom Energy (NYSE:BE) fuel cells demonstrated a significant increase in electrical efficiency on a luxury cruise ship built by Chantiers de l’Atlantique (CdA).
  • “Bloom Energy fuel cells have shown their effectiveness in decarbonizing land-based industries,” said Suminder Singh, senior director, marine, for Bloom Energy.
  • “The in-port performance of Bloom Energy’s fuel cells shows that we have charted the right course to making this a reality.
  • For more information about Bloom Energy’s clean energy leadership in the marine transport market, visit

Chevron Announces Lower Carbon LNG Fleet Modification Project With Sembcorp Marine

Retrieved on: 
Sunday, February 26, 2023

Ltd, a wholly owned subsidiary of Sembcorp Marine Ltd. (Sembcorp Marine), intending to reduce the carbon intensity of their LNG fleet operations.

Key Points: 
  • Ltd, a wholly owned subsidiary of Sembcorp Marine Ltd. (Sembcorp Marine), intending to reduce the carbon intensity of their LNG fleet operations.
  • Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard Chevron vessels to support their energy transition goals.
  • “We are excited to work with Sembcorp Marine to help us advance our lower carbon goals,” said Mr. Mark Ross, President of Chevron Shipping Company.
  • Mr. Wong Weng Sun, Sembcorp Marine President and CEO, said: “Sembcorp Marine is committed to advancing environmental sustainability through the development of industry-leading solutions.

IFC National Marketing expands support for independent insurance agents in Wisconsin with appointment of Zachary R. Munger as regional sales director

Retrieved on: 
Wednesday, February 22, 2023

COON RAPIDS, Minn., Feb. 22, 2023 /PRNewswire-PRWeb/ -- IFC National Marketing, the Midwest's fastest-growing insurance marketing organization (IMO), announced today that Zachary R. Munger has joined the company as regional sales director for the state of Wisconsin. IFC National Marketing provides business development, sales tools, and marketing support that independent insurance agents and financial advisors need to grow their businesses.

Key Points: 
  • Wisconsin native will bring IFC National Marketing's business development, underwriting, and marketing support to independent agents across Wisconsin
    COON RAPIDS, Minn., Feb. 22, 2023 /PRNewswire-PRWeb/ -- IFC National Marketing, the Midwest's fastest-growing insurance marketing organization (IMO), announced today that Zachary R. Munger has joined the company as regional sales director for the state of Wisconsin.
  • IFC National Marketing provides business development, sales tools, and marketing support that independent insurance agents and financial advisors need to grow their businesses.
  • Munger, who is located in Little Chute, WI, will be responsible for introducing IFC National Marketing to independent insurance agents in Wisconsin who sell insurance and financial products to individuals, families, and employer groups.
  • "I look forward to bringing the resources of IFC National Marketing to agents across Wisconsin," said Munger.