[Satnews] ORBCOMM Inc. (Nasdaq: ORBC) has been selected by the China International Marine Container Company’s (CIMC) Intelligent Technology Division to provide next generation OG2 satellite service and modem technology for their dual-mode telematics solution being developed as an Original Equipment Manufacturer (OEM) product designed for dry shipping containers.

Headquartered in Shenzhen, China, CIMC is the world’s leading supplier of logistics and energy equipment.  CIMC builds nearly 50 percent of the world’s shipping containers with the capacity of more than 2.4 million annual units. Their satellite-based telematics platform can be installed as a factory option or retrofit for its global customers, which include some of the world’s largest shipping fleets and container leasing companies. By leveraging ORBCOMM’s satellite connectivity and modem technology, CIMC’s telematics solution will track and monitor its shipping containers in real time, which will improve the information flow throughout the intermodal supply chain. By using CIMC’s solution, its customers will gain greater visibility to their loads and valuable business intelligence, resulting in improved equipment utilization, security and operational efficiency.

CIMC will begin their field trials for their OEM telematics solution in the first quarter of 2016.

Executive Comments
 
“Being chosen by a market leader like CIMC is a validation of our products and services, further solidifying ORBCOMM as the leader in the intermodal telematics industry,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer.

“CIMC has worked closely with ORBCOMM to integrate their satellite modem technology into our product,” said Dr. Shouqin Zhou, the General Manager of CIMC’s Intelligent Technology Division. “By delivering a ‘smart container’ solution to the intermodal industry, our customers can seamlessly track and monitor their assets over the sea, rail and road from their origin to their final destination using ORBCOMM’s ubiquitous OG2 satellite network.”