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
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
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
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 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
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.
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
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
Japan Radio Company, Ltd., announces the addition of three new members to the staff in North America. Buddy Morgan is national sales manager in light marine and commercial fishing, Dennis Hogan is high seas sales manager and Patricia Beth Barker is public relations and marketing coordinator. 2003 begins the introduction of a new line of cutting edge Marine Electronics with innovative designs and advanced technology, which is an expansion into the pleasure craft Marine Electronics sector.
nv charts announced the release of their new chart set for Region 10.3 Cuba Southwest, covering the southwestern coast of Cuba. This new, updated, meticulously surveyed chart set has been much anticipated by sailors in the Caribbean who have wanted to visit the southwestern coastal area but have
Navico Holding AS, parent company to leading marine electronics brands Lowrance, Simrad and B&G, said they have set into place a new marketing team structure designed to maximize market growth opportunities. Navico has appointed Jonathon Pudney to the role of Global Marketing Director
One of the most popular boating and cruising areas on the U.S. East Coast, the region from Long Island, New York to Nantucket, is now available in improved format and readability from NV Charts. Region 3.1: Rhode Island to Nantucket Sound, including the waters from Watch Hill, R.I
Jeppesen’s new C-MAP MAX-N Wide cartography, designed for popular navigation systems from global marine electronics leader Navico, is now available to boaters worldwide through the Navico Insight Store and Jeppesen authorized dealers. MAX-N Wide is compatible with Lowrance Elite 7 and HDS
Simrad Yachting introduce its AP60 entry level commerical autopilot complementing their AP 70 amd AP 80 range. Unlike many other entry-level commercial autopilots, the Simrad AP60 includes thruster integration for improved low speed maneuvering, the manufacturer said, adding
FLIR Systems, Inc. (NASDAQ:FLIR) and Navico announce the integration of FLIR’s M-Series Premium Thermal Night Vision Systems with the Simrad NSE Network Navigation and NSS Touchscreen multifunction displays. Now these Simrad multifunction displays will include seamless integration
MSG MarineServe GmbH, a maritime training company, will act as the official ECDIS training agent for the Navico Simrad ECDIS systems. The ECDIS training will be provided by MSG and its ‘ECDIS Training Consortium’ (ETC) or by sister company Safebridge GmbH using its innovative
Electronics Leader Enables WiFi Viewing & Control Functionality for Simrad NSS Displays Simrad Yachting announced the availability of its wireless networking solution, GoFree Wireless. Combining user-friendly mobile software and rugged marine-grade hardware
Chris Fertig of Maersk Line, Limited (MLL) is competing for the Bermuda Challenge World Record leaving on his boat, the TDI CLEAN DIESEL from Liberty Harbor Marina in New York at 9:30 a.m. on September 21, 2011. MLL's sponsorship support of the M/V TDI Clean Diesel
Electronics Leader Unveils Cost-Effective,Reliable and Easy-To-Use Heading Control System. Simrad Yachting announced today its new top-of-the line autopilot systems, the AP70 and AP80. International Maritime Organization (IMO) compliant and adaptive to wind and wave conditions
UK-based ECDIS training and consultancy company ECDIS Ltd has signed a new agreement with Simrad to provide flag-state approved training on Simrad's CS68 ECDIS software. The agreement has seen the installation of a Simrad terminal in ECDIS Ltd's e-Navigation Center
Navico, parent company to the Lowrance, Simrad Yachting and B&G brands, announced the hiring of two new Regional Sales Managers, Chris Melena and Russ Stevens. Melena and Stevens will drive sales and support dealers, distributors and retail customers in the Great Lakes and New England
Krill Systems, Inc. announced Brian Staton as vice president of world-wide sales. Staton will be responsible for selling products in three vertical markets (recreation, commercial and government), distribution channels and develop sales and dealer support.
Simrad Yachting, a leader in the design and manufacture of world-class marine navigation, autopilot, radar, communications and fishfinding systems, announced that its innovative NSE multifunction display and professional-grade autopilot systems received multiple awards at the 2010 National Marine
Marine electronics giant Navico has entered into a cooperative partnership with marine safety and navigation specialist Consilium through its Simrad brand with the intent to offer new products for the world’s commercial vessel fleet. Through their strategic and technological alliance