Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Cummins’ marine segment gains from a spike in oil price

     

    • Marine segment is a critical market for Cummins in the region

    • Cummins offers both commercial and recreational marine diesel engines, marine application engineering services and a global parts and service network

    Cummins’ marine segment has been bolstered by a spike in the oil prices in the Middle East, where its clients include contractors and service providers to major industry players like Abu Dhabi National Oil Company (ADNOC), Saudi Aramco and many more.

    In view of the oil exploration activities in the region, the United Arab Emirates (UAE) is the preferred docking site for many companies. Hence the marine segment is a critical market for Cummins in this region.

    “We offer a full range of both commercial and recreational marine diesel engines, marine application engineering services and a global parts and service network,” said Prafulla Dande, Manager at Cummins in Dubai. These range from three litres to 95 litres, with Cummins having a legacy of 80 years’ experience in this market. Its variable speed propulsion solutions have been designed specifically for the challenges of commercial, government and recreational marine applications.

    These include the mechanical K and N Series and the electronic Quantum Series. All have proven extremely durable in arduous marine environments, with the NTA855 and KTA19/38/50 certified to meet IMO Tier II emissions standards. For the Quantum Series, the QSK38 and QSK60 meet the US Environmental Protection Agency’s Tier 3 and 4 emissions standards as well as IMO Tier III global emissions standards.

    Dande adds that ReCon engines are also available, offering major benefits such as reliability, performance, service network, warranty and price. “Our sales and service teams maintain regular contact with our clients in terms of their specific requirements. They also raise awareness about our ReCon engines, which represent a significant saving in downtime, especially when a vessel is docked.”

    Reliability is probably the most critical factor in the marine segment, together with a global service and distribution network, adds Dande. “It is important that we maintain a high level of engagement with our marine clients. Even if they approach us with a particular issue that requires a short turnaround time, we always ensure we have required support to assist customers. Ensuring parts availability is a critical aspect.”