Simrad, Inc., a subsidiary of the Kongsberg Group and U.S./Canadian distributor for Simrad marine electronics, announced that Kongsberg has sold the company to Altor, a Nordic investment fund. The sale involved all four European Simrad factories, the holding company Simrad AS and distribution companies in addition to Simrad, Inc. including Simrad AB (Sweden), Simrad GmbH (Germany), Simrad SA (France), Simrad BV (the Netherlands) Simrad Srl (Italy), and Simrad Canada Ltd. “We view this as a very positive development for Simrad, Inc. and the marine electronics industry in North America,” said Brian Staton, President of Simrad, Inc. “This will result in a fresh wave of investment in our important recreational yachting and commercial markets. We’re looking forward to building our business and strengthening our position in the market under new ownership.” “The market for yacht electronics is experiencing strong growth and change as a result of new technology and lower production costs. Simrad is one of the world’s leading suppliers of such equipment, and stands on the threshold of numerous exciting possibilities. We are looking forward to working with management to further reinforce the company’s competitiveness and market position,” said Hugo Maurstad, a partner in Altor.
Simrad, a world leader in marine electronics is to launch a brand new, highly developed satellite TV system for use on leisure vessels of all sizes. The TV45, TV46 and TV60 antennas offer unparalleled picture quality even in the harshest of conditions and areas where satellite reception is at its poorest. The three different sized deck mounted domes available are able to receive all major television channels almost anywhere on water. Whether at berth
Kongsberg Simrad AS and ABB AS have entered a worldwide cooperation agreement on joint marketing, sales and technology development to marine and offshore vessels. As part of this agreement there will be a transfer of ABB's business related to dynamic positioning to Kongsberg Simrad. The two companies have established themselves as leading international suppliers, predominantly with complementary products and systems
The marine electronics world lost a pioneer with the passing of Willy Simonsen on December 4, 2003. Simonsen, who was 90 years old, was the co-founder and driving force behind Simrad, a company that is today part of the Kongsberg Group, the world's largest manufacturer of marine electronics. It was in 1947 in postwar Norway that Simonsen joined with John Mustad (of Mustad fishhook fame) to form Simonsen Radio AS in Oslo, Norway
Navico — selling under the Lowrance, Simrad and B&G brands — announced its operational performance results for the fourth quarter and the year ending December 31, 2012. Revenue in the fourth quarter increased by 27% compared to the same period in 2011, ending the year on the same strong note as earlier quarters in 2012. Overall, the revenues for the year were up 15% to MUSD 256.0 in a flat market. This resulted in Navico increasing its global market share by around 4
Simrad Yachting, a leader in the design and manufacture of world-class marine navigation, autopilot, radar, communications and fishfinding systems, announced today its partnership with Maverick Boat Company. Maverick’s Cobia brand of center console, dual console and bay boats have long had a reputation for stunning performance and value. The latest release from the industry-leading brand, the 334 high-performance center console
Pluckebaum Custom Boats recently launched a custom 80 ft. corporate coastal yacht, designed for dining and entertaining large groups of corporate customers. The vessel is designed to take customers on a three or four hour afternoon or evening cruise, and serve them a complete, sit-down gourmet meal. The yacht was built to replace an older 65 ft. vessel. The interior joiner work features custom milled tongue-and-groove African mahogany walls, ceilings and cabinetry
The National Marine Electronics Association (NMEA) is recognizing four marine electronics manufacturers for introducing their new NMEA 2000 compliant products at the 2002 NMEA Convention. The participating companies are Kvaser, Raymarine, Simrad, and Teleflex. Kvaser is introducing Kvaser Neptune hardware and software, which provides a gateway between maritime serial and CAN communications. It is equipped with two serial channels and one CAN channel to translate select NMEA 0183 formatted
ESAB Introduces New Bulk Welding Wire For the last several years, the industry standard in bulk welding wire has been ESAB’s Marathon Pac. Now, ESAB introduces its second generation Marathon Pac. This new addition in filler metals has a unique octagon shape and offers the same advantages as ESAB’s previous design and includes several improvements. It allows operators to reduce their impact on the environment. The Marathon Pac
Washburn & Doughty Associates, Inc. delivered the 5,000 hp Z-Drive Tug Independent to Marine Towing of Tampa. The 92 x 32 x 13.7-ft. tug is designed for ship handling and built to ABS Class Maltese Cross A1, Maltese Cross AMS, with notation: Towing Service and Fire Fighting Capability. Independent admeasures 148 gt and has a Load Line based on USA flag registry and USCG rules. Bollard pull is estimated at 135,000 lbs ahead and 130,000 lbs astern.
Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group. MARIS is a supplier of data solutions to the commercial maritime sector related to navigation
Geo Shipyard, Inc. has built and delivered a new Survey Catamaran Vessel, Blake, for David Evans and Associates Inc.’s Marine Services Division in Gulfport, Mississippi. The newbuild, delivered in October, features wave-piercing bows, Tier 3 Cat diesels, twin 55-kW generators
Simrad Yachting, announced today its partnership with Key West Boats, Inc. With a reputation for uncompromising attention to detail, particularly in construction and design, Key West has established a history of a worry-free experience for owners and unsurpassed resale value for
Leading Marine Audio Manufacturer Unveils Feature-RichOnline Experience to Highlight Support for Multifunction Display Partners FUSION®, a worldwide leader in marine audio, announced today the release of a comprehensive new website, FUSION-Link.com
Navico — recreational marine electronics company and parent to the Lowrance, Simrad and B&G brands — announced the addition of long-time pro-staffer Chris Meyer to its Volume Boat Builder and OEM sales team. In his new role as Key Account Manager
Navico Holding AS, parent company to the Lowrance, Simrad and B&G brands, announced today that it has resolved the dispute with Raymarine Inc. through a license to Navico's patented DownScan sonar technologies. Raymarine and Navico have mutually agreed to dismiss all patent litigations and
Simrad, world-leader in the design and manufacturer of marine electronics, announced today that it has joined The Billfish Foundation and is one of their 2014 tagging program sponsors. The Foundation has developed the world’s largest private billfish-tagging database as a result of its Tag
A new, fully IMO certified Integrated Electronic Chart Display and Information System (ECDIS) navigation system has been announced today, the Simrad CS68 Integrated ECDIS, designed specifically for the commercial market. The Simrad CS68 Integrated ECDIS system offers direct access to key
Marine Entertainment Leader Reaches Unparalleled Adoption by Boatbuilders and Manufacturers Auckland, New Zealand – FUSION®, a worldwide leader in marine audio, announced today its innovative and award-winning FUSION-LinkTM technology has been adopted by all marine Multi-Function
A powerful new software upgrade is available for the Simrad AP70 and AP80 Autopilots. The upgrade is currently available as a free download and installed on all new systems sold. Continuing to build upon a legacy of state-of-the-art, high-performance autopilots
Fugawi Aboard, a newly launched product from Northport Systems Inc., combines U.S. and Canadian raster charts, based on National Oceanic Atmospheric Administration (NOAA) and Canadian Hydrographic Service (CHS) nautical charts, into quilted regions for use on compatible chartplotters
Aage Hempel to Service and Distribution Simrad Products Aage Hempel Netherlands b.v. signed an agreement with Navico Europe b.v. for service and distribution of Simrad products for the professional marine market in the BeNeLux, especially for workboats and patrol, megayachts, fishery
Insight Genesis™,the custom map-generation tool for Lowrance, Simrad NS and B&G Zeus series chartplotters,announced today the latest update to its premium map-making service— Apple Mac and mobile device compatibility.
U.S.-based maritime technology firm WR Systems has expanded its commercial maritime service network within the U.S. The opening of strategic service centers in Tampa, Fla. and New Orleans, La. complements the existing service hubs of Norfolk, Va. and Jacksonville Fla., the company said.
nv charts announces the release of its newly updated chart set for Region 9.1, Bahamas Northwest, including Bimini and Berry Islands, Nassau to Abaco, and Grand Bahama, for 2015/2016 in paper and digital format. The chart set includes a CD of digital charts