HMM’s Post

We took the ETX by Vega Innovations to the roads and asked the tuk tuk experts for their honest opinion! And the feedback was overwhelming! But let me address the Million Rupee Question! The Price!   Does it make sense to purchase one? Let me share my thoughts. 1. ETX can save Rs. 13-14 for every 1KM it runs compared to a petrol tuk tuk. This generates a saving of Rs. 42,000 per month (Rs. 14 X 120km X 25 days) and Rs. 500,000 per year. This saving is purely from the cost between electric charging vs petrol. 2. ETX requires no services or minimal maintenance compared to the petrol tuks. Thereby saving roughly Rs. 2500 – 3500 per month. That’s another Rs. 30,000 – 40,000 saving per year.   3. Sri Lanka has not imported tuk tuks since 2020 and the brand new tuk price back then was Rs. 900,000 – 1,000,000. Considering the rupee depreciation, we can safely say a newly imported petrol tuk tuk would cost roughly Rs. 1,800,000 – 2,000,000 (assuming the same duty structure won’t change). 4. A petrol tuk tuk emits roughly 4-5 tonnes of CO2 per year and requires 200-250 trees to neutralize the impact. ETX has 0 emissions and technically each ETX on the road will be equivalent to planting 200 plus trees! Keep all that aside. We are a nation that started assembling cars in 1980s! We have the brains, the talents and the workmanship. So, what is holding us back?! Isn't it high time we start somewehre? https://lnkd.in/g4QsAyUM

Good luck to our member company Mitsui O.S.K. Lines, Ltd. for this collaboration with Asahi Tankers and IKOUS. With low-carbon ammonia emerging as a fuel that could deliver significant decarbonisation benefits for Asia, transport at scale will be one of the keys to unlocking its potential. Ammonia is currently transported in coastal vessels with a capacity of about 1000 cbm but to borrow an old Hollywood line, "you're going to need a bigger boat." This partnership centres on a concept study for developing a large coastal ammonia carrier in the 10,000 cbm class. #ammonia #decarbonisation #decarbonization #energytransition

At the heart of serene shores and industrial giants, Toqua emerges as a beacon of innovation in decarbonizing the maritime industry. Founded in 2020 by Casimir Morobé offers cutting-edge ship performance models, reducing their fuel consumption. With the goal of equipping 6500 vessels by 2026, their ambition is significant. Notably, Euronav, the world's largest crude oil tanker company, has already doubled its fuel savings by using Toqua's models. Discover Casimir's advice to run a successful company in this success story (link in the comments) 🌊 #Decarbonization #impactsolutions #Maritimesustainability

Sea Salts delivery and offloading

Container ship YM Mobility explosion rocks Ningbo Port, China: linked to HMM-booked container Container that exploded on Yang Ming's ship YM Mobility on Aug 9 was reportedly booked by the Taiwanese operator’s #HMM as fellow of the Alliance member. The incident, which occurred about 1.40 pm China local time that day, originated from a reefer that was used to carry dry goods, according to Yang Ming. The container has been speculated to have been carrying lithium-ion batteries or organic peroxides, which are flammable. Ship repair specialists estimate that YM Mobility will need to undergo at least three months of repairs, and the costs could exceed its current market value, which is around US$55 million. Yang Ming said today (12 August) that the damages are estimated at between US$1.5 million and US$9.5 million. The company noted that currently, there are no visible flames on board, and cooling efforts with water sprays are ongoing. All crew members and on-site personnel are safe and sound. https://lnkd.in/gYNFHQFZ

❄ 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗶𝗻 𝗿𝗲𝗲𝗳𝗲𝗿 𝗱𝗲𝗺𝗮𝗻𝗱 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀. The demand for fresh produce, temperature-sensitive medicines, and other perishable goods is increasing worldwide. The result is that smaller marine terminals, once considered outside the regular traffic flow of traditional refrigerated cargo trades, are experiencing unprecedented growth. This evolution is excellent news for terminals serving these regions, using this trend to expand their business and benefit their local economies. However, look out for unchecked challenges that can limit growth potential. Let's talk about that. ➡ https://zc.vg/H8ztx?m=0 #reefermonitoring #reefercontainer #terminaloperations #RTE RTE - Refrigerated Transport Electronics

Happy Monday everyone!☺️ How can we lower transportation costs for Multi Segmental Channeline? Using Channeline panels in segmented production can reduce transportation costs significantly by enabling nested loading for large structures, increasing sections per container, and lowering overall transportation expenses. 💸 #happymonday #allthingspipereline #pipereline #channeline #transportationcosts #trenchless #trenchlesstechnology

How to Grow Geraniums in Containers

Discover the ultimate versatile cold supply chain solution in today’s market! For startups to thrive, focusing on core objectives while outsourcing auxiliary tasks is crucial. Our cold chain service enables you to scale effectively by managing your cooling needs seamlessly. Stay focused on what really matters and simplify your operations with #CaaS #CoolingasaService

Coral Reefs & Clearing Houses 🐠🪸📈 💡Maintaining a marine fish tank and operating an Exchange might seem as different as chalk and cheese. However on closer look, both require meticulous care, continuous monitoring, and a deep understanding of their environments to thrive - let’s dive in. 🤿 💦 Water Quality = Market Conditions In a marine fish tank, we (in most parts my son and husband) measure salinity, pH, and ensure consistent temperature. Similarly, as a clearing house and central counterparty, we implement robust risk management systems and processes aligned with global standards to maintain a healthy and stable environment for market participants. 🌀Circulation & Aeration = Market Liquidity Adequate water movement and oxygenation are vital for marine life survival. The wave makers help with that. Our hyper-liquid contracts tracking global markets, such as China, India, Japan, Taiwan and ASEAN, ensure smooth transactions and facilitate price discovery. 🪸 Fish & Invertebrates Compatibility = Market Diversity Ensuring that fish and invertebrates are compatible and do not crowd out each other is key to a harmonious tank. Similarly, we work with a diverse range of market participants to foster a healthy trading environment. 🪨 Live Rocks & Clean-Up Crew = Market Infrastructure (Unsung heroes) Live rocks support beneficial bacteria and a stable habitat, while the clean-up crew (snails, crabs, and sea urchins) plays an indispensable role in maintaining pristine tank conditions. Likewise, a robust market infrastructure, including trading platforms, clearing houses, and a solid operations and tech team, form the foundation of a resilient exchange. Special shoutout to Shanmugam Sakthivel and Thanh Trung (Tom) Vo, FRM ！ ⚖️ Success hinges on a delicate balance of elements, daily monitoring, and a proactive approach to potential challenges. Be it nurturing marine life or facilitating market operations, the parallels and similarities abound. What other similarities can you think of ? Do share with me 🐠 . #Ecosystem #Markets #SGXGroup #Familylife 📸 : Our marine fish tank at home. As you can tell, it’s really a lot of work to maintain a marine fish tank - so please think twice before setting up a marine tank at home! 🥲