Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. ABB Ltd
  6. News
  7. Summary
    ABBN   CH0012221716


Real-time Estimate Quote. Real-time Estimate Cboe Europe - 10/25 07:33:02 am
29.865 CHF   -1.40%
06:06aGM, Ford results likely to reflect chip shortage's varying impacts on sector
02:45aABB LTD : Goldman Sachs reaffirms its Buy rating
10/22ABB LTD : Gets a Buy rating from UBS
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ABB : PONANT's polar explorer reaches North Pole with ABB technology, setting new standards for cruise

09/13/2021 | 04:12am EDT
  • Le Commandant Charcot makes history with ABB's Azipod® propulsion as the first exploration cruise vessel to reach the North Pole
  • The vessel is built with respect to environment and features the largest energy storage system ever installed on a cruise ship for maximum sustainability

The hybrid-electric exploration cruise vessel Le Commandant Charcot became the first vessel of its kind to reach the geographic North Pole on September 6, 2021, as it was completing the sea trials in preparation for welcoming guests for the maiden voyage later this year.

Equipped with Azipod® propulsion technology, the luxury cruise ship produces minimal noise and vibrations to provide a comfortable passenger experience. Moreover, the ship's energy storage system, supplied and integrated by ABB, is the largest ever delivered to a vessel of its kind at almost five megawatt hours, allowing the engines to be switched off for silent, emissions-free cruising.

Le Commandant Charcot will also be available to the scientific community contributing to the global efforts in the study and preservation of the Poles and oceans. The vessel is equipped with measurement instruments, and features science labs as well as a moon pool for taking samples, with all of the equipment designed to meet the requirements of academic research. With that, Le Commandant Charcot offers a platform for observation, research and analysis to scientists around the world, enabling them to study remote areas by regularly collecting data in these zones.

'ABB designed both the Azipod® propulsion units and the energy storage system to meet the precise operational requirements of Le Commandant Charcot,' said Mathieu Petiteau, Director, Newbuilding and R&D, PONANT. 'As well as ensuring a high level of passenger comfort, the vessel is capable of cruising in zero-emissions mode while exploring remote locations. Thanks to the Azipod® system's maneuverability, the ship will also be able to navigate smoothly and safely through icy waters.'

'Azipod® propulsion has become the preferred solution for exploration cruise vessels operating in highly sensitive and demanding marine environments. We are proud to have been chosen by PONANT and look forward to seeing Le Commandant Charcot in action for the years to come,' said Dick Björkqvist, Global Segment Manager, Cruise, ABB Marine & Ports.

With the electric drive motor situated in a submerged pod outside the ship hull, the Azipod® system can rotate 360 degrees, significantly increasing maneuverability and operating efficiency of a vessel and cutting fuel consumption by up to 20 percent compared to conventional shaftline systems. Since its launch 30 years ago, Azipod® propulsion has saved a total of over 1,000,000 tons of fuel in the passenger cruise segment alone. Options for Azipod® propulsion range from 1 to 22 megawatts, and its technology plays a key role in ABB's strong position for environmentally friendly electric propulsion.

Le Commandant Charcot is the first cruise ship with the ability to sail in 'double-acting mode', meaning it can navigate stern-first in ice conditions to improve safety and complete cruises in a timely and efficient manner. In addition, the Azipod® system allows the vessel to be brought to a complete stop in 50 percent less time than a ship with a traditional shaftline set-up.

The vessel's emphasis on safety is further reflected in its connectivity to the ABB Ability™ Collaborative Operations infrastructure. With round-the-clock access to a worldwide network of ABB experts, Le Commandant Charcot will benefit from remote equipment monitoring and diagnostics for enhanced passenger and ship safety - services that are particularly important for vessels operating in the farthest reaches of the globe.

ABB's scope of supply for this pioneering vessel also includes power generation and distribution technology, propulsion-control and remote-control systems and a Power and Energy Management System (PEMS™). Through the PEMS™, Le Commandant Charcot will optimize the use of its hybrid power sup-ply - comprising the main power source, liquefied natural gas, and the energy storage system - to ensure optimal engine load with reduced fuel consumption and emissions. The ship also features ABB's Power2 two-stage turbocharging solution, further increasing fuel savings by up to five percent.

'With yet another high-spec passenger vessel delivered to its owner featuring ABB integrated power and propulsion technology, we are rapidly expanding our portfolio in this segment,' says Juha Koskela, Division President, ABB Marine & Ports. 'Le Commandant Charcot perfectly demonstrates the benefits of our electric, digital and connected solutions for this kind of ship, offering a blueprint for other expedition vessels to follow.'

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by about 105,000 talented employees in over 100 countries. www.abb.com


ABB Ltd. published this content on 13 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 08:11:05 UTC.

ę Publicnow 2021
All news about ABB LTD
06:06aGM, Ford results likely to reflect chip shortage's varying impacts on sector
02:45aABB LTD : Goldman Sachs reaffirms its Buy rating
10/22ABB LTD : Gets a Buy rating from UBS
10/22ABB LTD : Gets a Buy rating from Kepler Cheuvreux
10/22ABB LTD : RBC remains Neutral
10/21ADRs Close Lower; ABB Trades Actively
10/21ABB LTD : Gets a Neutral rating from JP Morgan
10/21European ADRs Move Lower in Thursday Trading
10/21THE ONLY WAY IS UP : corporate chiefs warn on prices
10/21ABB LTD : Gets a Neutral rating from RBC
More news
Analyst Recommendations on ABB LTD
More recommendations
Financials (USD)
Sales 2021 28 949 M - -
Net income 2021 4 216 M - -
Net Debt 2021 3 412 M - -
P/E ratio 2021 15,7x
Yield 2021 2,66%
Capitalization 65 857 M 65 823 M -
EV / Sales 2021 2,39x
EV / Sales 2022 2,24x
Nbr of Employees 105 000
Free-Float 84,7%
Duration : Period :
ABB Ltd Technical Analysis Chart | ABBN | CH0012221716 | MarketScreener
Technical analysis trends ABB LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 33,06 $
Average target price 36,54 $
Spread / Average Target 10,5%
EPS Revisions
Managers and Directors
Bj÷rn Klas Otto Rosengren Chief Executive Officer
Timo J. Ihamuotila Chief Financial Officer
Peter R. Voser Chairman
Jacob Wallenberg Vice Chairman
David Edward Constable Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ABB LTD22.58%65 823
SIEMENS LTD37.91%10 322