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.
The right product for the right application is a familiar claim from marine equipment supplier Simrad, but, when compliance with International Maritime Organization (IMO) requirements is at stake, it is a call demanding an immediate response. Compliance with the Safety of Life at Sea (SOLAS) Convention on Electronic Chart Data and Information Systems (ECDIS) is now a matter of urgency. The mandatory phase-in for all internationally trading vessels to be fitted with an ECDIS using
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
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
Simrad HALO Pulse Compression Radar has been awarded the Technology Award at the 2015 National Marine Electronics Association (NMEA) Conference and Expo in Baltimore, Md. The NMEA 2015 Technology Award is judged by an independent panel of experts recognizing exceptionally innovative consumer marine products. Each entry was evaluated based on “innovation, benefit to boaters, practicality and value.”
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
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
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.
Simrad HALO Pulse Compression Radar, the world’s first high-performance recreational solid-state, open-array radar system with pulse compression technology, has won the prestigious 2015 Design Award METS (DAME) in the Marine Electronics category at the Marine Equipment Trade Show in Amsterdam
Baltimore-headquartered marine transportation provider The Vane Brothers Company has taken delivery of the Fort Schuyler, the latest Maryland-built tugboat to join the company’s fleet. Fort Schuyler is the 11th Sassafras Class tugboat contracted by Vane Brothers through Chesapeake
Simrad Yachting announced today that Simrad HALO Pulse Compression Radar has been awarded the National Marine Manufacturers Association (NMMA) Innovation Award in the OEM Electronics category at the 2015 International BoatBuilders’ Exhibition & Conference (IBEX).
Simrad launched three new products in its professional line: the HS60 GPS Compass, V5035 Class-A AIS, and M5000 Series Monitors. Simrad HS60 GPS Compass The new GPS compass, the HS60, brings expanded functionality to traditional heading sensors such as rate-of-turn and pitch-and-roll output
Navico Builds to Broaden its Commercial Case Marine electronics group Navico is aiming for a top three position in the commercial maritime sector within 3-5 years. Maritime Reporter & Engineering News seeks to find out from Jose Herrero, MD, the plans to accomplish the feat.
The Simrad Professional Series has launched a new lineup of professional-grade Electronic Chart Display and Information Systems (ECDIS)– theSimrad MARIS ECDIS900 MK5 and MK15.Available in 19-, 24-, and 26-inch widescreen monitors
As part of a rebuild and lifetime extension program for five Swedish Navy patrol boats, Swede Ship Marine will install new Kongsberg Maritime sonar systems to replace the previous model SIMRAD SS576 sonar first installed in 1996 on board the Tapper-class (or Bevakningsbåt 80).
Simrad announced the launch of three new products in its professional line: the HS60 GPS Compass, V5035 Class-A AIS, and M5000 Series Monitors. Simrad HS60 GPS Compass The new GPS compass, the HS60, brings expanded functionality to traditional heading sensors such as rate-of-turn
The new RV Kronprins Haakon, the first Norwegian Icebreaker built for Polar research, and the first purpose built polar research vessel since Roald Amundsen’s Maud launched in 1917, will start regular science cruises in 2017 with a complete hydroacoustic systems package from Kongsberg
Online simulation training specialist Safebridge will launch a new training course for Kelvin Hughes MantaDigital Electronic Chart Display and Information Systems (ECDIS). Kelvin Hughes Marine Systems, a supplier of ships’ bridge systems
Navico, the world’s largest manufacturer of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands — has been named Cabela’s® 2014 Vendor of the Year for the General Outdoors Division.
Navico Commercial Marine Division today launched the Simrad HALO Pulse Compression Radar, the world’s most affordable solid-state, open-array radar system with pulse compression technology for non-SOLAS applications aboard commercial vessels.
Cruden is unveiling its new high speed boat simulator at the 7th HSBO Forum (Lisbon, May 4-6). Using detailed modelling and motion cueing techniques, as well as professional image generation developed in the automotive and motorsport industries (including Formula 1TM)
GoFree – the provider of digital content and services, and part of the Navico family of marine electronics brands including Lowrance, Simrad Yachting and B&G – announced today the release of six updated mapping products for use in both inland and coastal U.S. waters
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