Maritime to Get Biggest Bang for VW Settlement Bucks
Imagine a settlement over falsifying emission levels in another transportation sector dropping money onto your deck. Who knew? But it’s true. The $2.9 billion settlement fund Volkswagen agreed to capitalize for distribution across all 50 states, tribal lands and Puerto Rico, as a result of “dieselgate,” its criminal dodging of required auto emission levels, presents an unparalleled opportunity to maritime companies that want to move their noxious diesel engines up a couple of EPA notches, and stick someone else with close to half the bill or more.
Cummins Unveils New EPA Tier 3 Marine Generator
Cummins Inc. has expanded the power range of its U.S. Environmental Protection Agency (EPA) Tier 3 certified marine generator product line. Cummins will now feature a new Onan Marine QD series generator with a power range of 40 kWe to 65 kWe, offering customers reduced emissions with the quietest operation in the industry, according to the manufacturer. The series’ expanded power range was announced during the Miami International Boat Show, and comes as recreational vessels are requiring more electrical capacity to power increasing house loads.
Marine Propulsion Market Poised for Growth -Report
The marine propulsion engine market was valued at $9 billion in 2015 and is projected to reach $12 billion by 2022, growing at a CAGR of 4.1 percent from 2016 to 2022, according to a new report published by Allied Market Research. Diesel propulsion system segment is expected to maintain its dominance throughout the forecast period. Asia-Pacific accounted for the highest share of 51 percent in 2015, and is anticipated to maintain this trend. Increase in production and sales of ships globally and rise in international seaborne trade drives the market growth.
Cummins Delivers First QSK95 Engines
Manufacturer of diesel engines and generator sets for the marine industry Cummins Inc. said it recently delivered the first four QSK95 engines for a marine application, with four additional units to be delivered in December. The engines were delivered to longtime Cummins partner SEACOR Marine Holdings Inc. for installation into a 57-meter catamaran crewboat designed by Incat Crowther. “We are extremely excited to be working with SEACOR Marine to launch the first QSK95 marine engines,” said Jim Schacht, Executive Director - Marine Market, Cummins Inc.
Cummins Brings its Marine Engines to Monaco
Cummins Inc. announced it will return to the Monaco Yacht Show after a seven-year hiatus, marking the first time the company exhibits its full marine offering, including engines and generator sets, at the event. Cummins Onan marine generators have long been present in the super yacht segment, and while Cummins large marine engines have enjoyed success in the commercial marine market, the engines are just recently being considered for larger recreational marine applications. Cummins large marine engines…
Cummins Introduces C Command Connect at METS
After its launch at the International Boatbuilders Exhibition and Conference (IBEX) in the U.S. last month, Cummins Inc., will introduce C Command Connect to European original equipment manufacturers (OEMs) at the Marine Equipment Trade Show (METS) 2016 in Amsterdam, the Netherlands. An extension of the C Command product line, C Command Connect is a panel system designed for Cummins Quantum Series QSB6.7, QSC8.3, QSL9 and QSM11 marine engines. A basic system (C Command Connect)…
Cummins Connected Diagnostics Available with Geoteab
Geotab, a telematics engineering company, and Cummins Inc., an independent manufacturer of diesel and natural gas engines, controls and emission solutions, has announced that Cummins Connected Diagnostics application is now available to customers using Geotab's fleet management solution. Geotab is one of the first technology providers in the telematics industry to support Connected Diagnostics, and provides improved fleet management, equipment maintenance and repair support to Cummins customers.
Cummins Expands Marine Tier 3 Product Line
Cummins Inc., a manufacturer of diesel engines and generator sets for the marine industry, has launched a new Onan marine U.S. Environmental Protection Agency (EPA) Tier 3-certified generator, the 55-kW MDDCM. “The expansion of our EPA Tier 3 marine product lineup to 55 kW with the MDDCM provides our customers a higher power option in a more environmentally-friendly product than previously available from Cummins Onan,” explained Brian Barnes, Marketing Leader, Onan Marine. The MDDCM joins the company's Tier 3-certified marine product line…
Cummins: New Environmental Sustainability Goals
Cummins Inc. announced two new environmental sustainability goals for its products in-use and the logistics of the company's managed freight. These new goals are part of a broader effort for Cummins to reduce its environmental footprint, the company said. Last year, Cummins announced its first comprehensive Global Environmental Sustainability Plan including goals for water, waste and energy use in Cummins facilities and operations. Cummins' mission demands that everything the company does leads to a cleaner, healthier, safer environment.
Cummins Opens Logistics Hub in Singapore
Cummins Inc. opened a global logistics hub in Singapore yesterday, one of the company's eight master distribution centers for parts and filters globally. The Singapore Global Logistics Hub boasts a total investment of $5.4 million and is part of the company’s efforts to enhance its aftermarket product delivery globally. The new location will serve markets including the United States, Europe, China, India as well as customers across the Northeast and Southeast Asia regions. Teo Ser Luck, Minister of State for Trade and Industry, graced the opening event at the CWT Pandan Logistics Center.
Cummins Marine Engines RCD 2 Certified
Cummins Inc. has announced that its QSB6.7, QSC8.3, QSL9 and QSM11 marine engines have been certified to the new Recreational Craft Directive 2013/53/EU (RCD 2) emissions regulation. RCD 2 applies to any recreational watercraft with a hull length between 2.5 meters and 24 meters. Certification comes ahead of the Jan. 18, 2017, mandatory implementation date for RCD 2, making Cummins one of the first marine diesel manufacturers to have its products certified. All Quantum Series propulsion ratings previously available with RCD 1 certification are now certified to the stricter RCD 2 standard.
Evaluation Proves Performance for Hyster Tier 4 Engines
Hyster Company announced the results of its Tier 4 engine teardown inspection undertaken to prove the long-term performance and durability of the engines. As part of the testing, Cummins Inc., who collaborated with Hyster in the integration of the Cummins QSL9 engine into Hyster’s Tier 4 powertrain, performed an engine teardown inspection to assess the in-service durability and achievable life-to-overhaul compared with larger Tier 3 engines typically used in the same applications.
MN100: Cummins Marine, Inc.
Cummins, Inc. is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Cummins has also created a dedicated Cummins Marine organization within the existing Engine Operating Segment. By consolidating its commercial and recreational teams, the Cummins Marine organization is better positioned to serve its government and commercial marine customers.
Cummins Marine Organization Launched
Cummins Inc. has created a dedicated Cummins Marine organization within the existing Engine Operating Segment. By consolidating its commercial and recreational teams, the Cummins Marine organization will be better positioned to serve the business and its recreational, government service and commercial marine customers, the company said. Cummins Marine will be led by Jim Schacht, formerly General Manager and Executive Director of Cummins Commercial Marine. Schacht will continue to report to Ed Pence, Cummins Vice President and General Manager - High Horsepower Engine Business.
Cummins Profit Up; Natgas Engine Demand Weak
Cummins Inc posted higher-than-expected quarterly profit on Tuesday, lifted by strong sales of its vehicle components in North America, Europe and China. But the company, which also makes natural gas engines used to generate electricity, said global demand for that equipment "remains weak" and was considering a restructuring that could cuts costs in the long term but may reduce earnings by as much as $40 million. The Columbus, Indiana-based maker of diesel engines and fuel and emission controls reported third-quarter net profit of $423 million…
Cummins Launches New Engine for VSDE
Cummins Inc., a manufacturer of diesel engines for the commercial marine industry, announced the availability of the QSK50 marine engine for variable speed diesel electric (VSDE) applications. The 50-liter platform has been used in traditional fixed speed diesel electric applications, as well as traditional propulsion and power generation, since its launch in 2006. “Cummins will play a critical role in the advancement of this more efficient technology, supplying engines to system integrators for packaging into complete variable speed diesel electric packages…
Cummins' Carter to Retire
Cummins Inc. announced that Distribution Business President Pamela Carter, the first woman to lead one of the company's four main business units, will retire April 1. Carter, who became Indiana's first African American woman Attorney General in 1993, has been with Cummins since 1997. She initially served as the Company's Vice President - General Counsel and Corporate Secretary. Carter then held several key positions within Cummins Fleetguard before leading Cummins Filtration from 2005 to 2007. She has been President of the Distribution Business Unit since 2007.
Cummins Revenue up 11 pct
Cummins Inc, a maker of diesel engines, reported an 11 percent rise in quarterly revenue, helped by strong demand from North America. Sales rose to $5.09 billion in the fourth quarter ended Dec. 31, from $4.59 billion a year earlier. Net income attributable to Cummins rose to $444 million, or $2.44 per share, from $432 million, or $2.32 per share. Excluding items, the company earned $2.56 per share. Reporting by Radhika Rukmangadhan