BOFFA PREFECTURE, Guinea, July 2, 2026 /PRNewswire/ -- GENMA, a leading provider of marine material handling solutions, announced the successful commissioning of its latest floating transhipment system. The system is scheduled for deployment to West Africa to support mineral export operations.
What exactly is a transhipment system?
It addresses a critical logistical challenge in global mining: big ships can't get into shallow-water ports.
Take Guinea's Boffa – a 300,000-ton ore carrier can't dock there. The GENMA solution enables small barges to load minerals at the pier, sail to deeper water, and transfer the cargo to the big vessel via the transhipment system. No need for the big ship to enter port.
This GENMA system includes: 2 deck cranes, 2 large hoppers, 1 belt conveyor, and 1 ship loader. How it works: cranes grab ore from the barge and drop it into hoppers; the hoppers feed the conveyor; the conveyor moves the material to the ship loader, which loads it steadily into the large vessel's hold.
What makes this system stand out?
1. Fast, precise, and calm at sea
The cranes use stepless speed control – smooth acceleration and braking. Even with heavy loads, operators can make millimeter-level adjustments for accurate, spill-free landing. The box-type boom stays stable under load, minimizing ship movement.
The large hoppers handle high discharge rates, keeping the conveyor fed without interruption.
2. Built for harsh marine conditions
Saltwater corrosion is tough on equipment. GENMA's cranes are designed to the highest offshore standards: key components are sealed inside, plus multi-layer anti-corrosion coating. Low center of gravity and light weight improve stability in heavy seas – stable equipment means faster, safer operations.
The ship loader adapts to constant movement between floating vessels (tides, waves). Its telescopic chute and luffing boom ensure material lands smoothly with minimal breakage, regardless of how the two vessels shift.
3. Easy maintenance – with GENMA's local support in Africa
To minimize downtime caused by a breakdown with no spare parts or technicians nearby and ensure operational continuity, GENMA thought ahead. The equipment is designed for easy service: integrated hydraulic power units mean fewer pipes and leak points; key joints are self-lubricating; a standard diagnostic port quickly identifies issues.
More reassuring: GENMA already has service centers and spare parts warehouses in Tangier (Morocco) and Mombasa (Kenya). The Boffa (Guinea) warehouse is nearly ready and will open mid-year. Plus, long-term field service engineers are stationed locally. Any problem – fast response, parts on hand.
All systems tested, ready to go
Every motor, sensor, and control system on this GENMA transhipment system has passed individual and integrated testing. Commissioning is complete.
Following successful commissioning, the system is set for deployment to West Africa, where it will become the most reliable, hardworking bulk cargo transfer tool our customers have – helping them get the job done efficiently, voyage after voyage.
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GENMA Commissions Floating Transhipment System for West African Mineral Exports
GENMA Commissions Floating Transhipment System for West African Mineral Exports
GENMA Commissions Floating Transhipment System for West African Mineral Exports
DUBAI, UAE, July 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, and the Blockchain for Good Alliance (BGA) will co-host a special livestream event, "Built for Good: The BGA Incubation Showcase," on July 3, 2026, at 8AM UTC. The session brings together founders, ecosystem builders, and serial innovators to celebrate some of the most mission-driven incubation programs in the blockchain space. Featuring the latest graduating cohort from the BGA Incubation Program, five innovative Web3 projects will present their achievements, key milestones, and growth plans.
The BGA Incubation Program was built on the premise that blockchain's most meaningful applications extend well beyond finance. Since its founding, the BGA has focused on identifying and accelerating projects at the intersection of Web3 and real-world impact, providing early-stage teams with mentorship, resources, and ecosystem access to help translate innovative ideas into scalable solutions.
A diverse lineup of speakers will shed light on the five featured projects: Jared Dillinger, CEO of Bagyo; Salman Masoumi, Chief Product Officer of ALMFlux; Andre-Vanyi Robin, CEO of Plastiks.io; Anas Khitou, CEO of Genius Tags; and Daniel Friedman, CEO of zenGate Global. Each founder will share project updates, followed by the latest highlights from the BGA Incubation Program, and discussions on innovation, impact, and the future of Web3, concluding with a live audience Q&A session.
The 2026 Cohort
- ALMFlux applies blockchain-backed audit trails to industrial asset lifecycle management, starting in oil and gas. The platform converts inspection and compliance records into a continuous, tamper-proof history, reducing audit preparation from weeks to hours.
- Bagyo pairs an AI agent, A.E.R.I.S., with blockchain to coordinate disaster response and transparent aid distribution across Filipino communities. Built and launched within 72 hours during Super Typhoon Uwan, the platform's damage assessment tool identified 411 million pesos in losses in Pangasinan province.
- Genius Tags operates a blockchain toolkit for humanitarian aid distribution, including e-voucher management and GeniusChain, a layer that keeps stakeholders anonymous while transactions remain auditable. Its ClimateAid initiative applies deduplication technology to anticipatory disaster financing. Genius Tags won the BGA/UNDP SDG Blockchain Accelerator award in 2025 for advancing "digital trust."
- Plastiks.io verifies plastic recovery and recycling through timestamped, geolocated blockchain records, converting verified recovery into tradeable plastic credits. The platform has traced and recovered more than 45 million kilograms of plastic to date and partners with Danone, FC Barcelona, Bayer 04 Leverkusen, the World Economic Forum, and UNDP.
- zenGate Global's Palmyra Platform connects commodity producers in emerging markets directly with global buyers through tokenization, escrow-based trust, and end-to-end traceability. The platform is live or onboarding producers across eight countries, including Sri Lanka, India, Kenya, and Turkey. zenGate targets a $2.5 trillion global gap in commodities trade access and finance.
The BGA is a nonprofit initiative dedicated to leveraging blockchain technology to drive positive social impact. The Alliance supercharges Web3 initiatives driving meaningful changes through its incubation program, helping founders build scalable, impact-focused solutions.
The cohort reflects that breadth of vision. The five featured projects span environmental accountability, financial inclusion, supply chain transparency, and creator economies. The diversity underscores how far the Web3 builder community has come in applying decentralized technology to tangible problems.
The livestream will be broadcast live and can be followed via Bybit's official channels using #BybitLive. To find out more, users may visit: Bybit x BGA: Built for Good: The BGA Incubation Showcase
#Bybit / #NewFinancialPlatform
About Bybit
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Bybit Livestream: Showcasing Blockchain for Good Alliance's Latest Incubation Cohort
