NETWAVE acquires RUTTER’s Voyage Data Recorder Division

press release
Sunday, October 16, 2011

NetWave Systems B.V. (“Netwave”) of the Netherlands acquired the Voyage Data Recorder (“VDR”) division of Rutter Inc., a public company from St. John’s (Canada) (“Rutter”). Parties concluded agreements whereby NetWave, also a manufacturer of VDRs for seagoing vessels and offshore installations, will manufacture Rutter™ VDR-100G3 systems as well as support and service all earlier models of Rutter ™ VDRs on a world-wide basis.

 

After a transition period, during which Rutter Inc. will continue to manufacture the current VDR-100G3 product line for NetWave, NetWave will be manufacturing this product line from their manufacturing locations in Europe.
To accommodate the Rutter™ VDR related sales & service responsibilities with immediate effect, NetWave has expanded its 24/7 customer service department in the Netherlands, from where it will continue to provide support, training and certification activities, including those required for all existing Rutter™ VDR products and the new (formerly Rutter) VDR-100 G3 products manufactured by NetWave. Spare Parts for both brands will continue to be readily available from distributors and NetWave locations in Rotterdam, Singapore, and Houston.


With NetWave’s continued manufacturing of the current Rutter™ VDR product line and the consolidation of the two VDR manufacturers’ service activities, existing Rutter and NetWave customers will benefit from the largest (with almost 900 trained and certified engineers) VDR service-network in existence along world-wide shipping routes. With over 5500 vessels currently equipped with VDR solutions provided by either NetWave or Rutter, NetWave has now become the world’s primary manufacturer of Voyage Data Recorder systems as well as so called ‘Final Recording Medium’ capsules, which have also been delivered to other manufacturers under their proprietary brands.
 

According to Rob Post, CEO and President of NetWave: “VDRs have been the foundation and focus of NetWave since 2005, and it’s no secret to market-insiders that Rutter and NetWave have always had a successful OEM relationship with the ‘Final Recording Medium’ capsules being developed and manufactured by NetWave. We have always been very proud of being a key supplier to Rutter, after all the very first, and today’s foremost market leader in VDR technology. The fact that Rutter have now sold their VDR business and thus entrusted service to their VDR customers, as well as the future of the Rutter VDR product lines to NetWave is a rewarding recognition of our efforts over the past 8 years. With this consolidation we accept a leading position in the VDR market and it is our eminent role and objective to provide customers who have relied on Rutter or NetWave VDRs with a sound upgrade path to comply with future regulations.
 

With obligatory ECDIS and Bridge Navigational Watch Alarm Systems at the horizon and new IMO regulations and IEC Performance Standards for VDRs expected soon, our customers rely on us to provide cost-effective upgrade paths with extended data recording capabilities and new functionality. Combining the proprietary technologies of both companies in new developments and servicing the largest number of deployed VDR systems on the fleet today will allow us to continue to serve the market with profound and cost-effective solutions.
 

Ship-owners are becoming increasingly aware of the importance of a VDR manufacturer’s capability to provide an extensive service network all over the globe. This is especially important for ‘detainable’ items like VDRs, also requiring the Annual Performance Test to be re-certified by the manufacturer. With this new consolidation in place, NetWave have not only strengthened the foundation for the ongoing development for the new generation of VDR products, but, with 300 service partners and 900 Rutter and NetWave trained and certified engineers along the major shipping routes, the most cost-effective service network in the VDR arena.”
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sea IT, Veritas Tankers Ink Long-term Software Deal

Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry,

Interior Facelift for Queen Mary 2

Cunard’s luxurious flagship, the iconic 2,620 passenger ocean liner Queen Mary 2, will undergo an interior refit at the hands of McCue Marine during a 25-day multimillion-pound

Chemical Shipping Freight Rates to Remain Under Pressure

On the back of low bunker prices and more new buildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes

Navigation

Ice Condition 3 for Delaware Bay

The Captain of the Port (COTP), Delaware Bay is notifying mariners that Ice Condition 3 has been set for the Port which includes the Delaware Bay and River, the C&D Canal,

Volvo Penta Debuts Innovative Glass Cockpit

The new generation of Glass Cockpit expands Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system that makes boating easier. And its clever application,

NZ's “Sound framework” for Managing Coastal Navigation

A review of coastal navigation safety by Maritime NZ has found that there is a sound framework in place to manage the movement of ships around the New Zealand coast,

Marine Equipment

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Sentinel Launches New Rudder Feedback Unit

Sentinel, a Beier Radio company, has designed and manufactured a new Rudder Feedback Unit (RFU) with many new features, including watertight components and connections

USS Coronado Completes Survivability Test

The U.S. Navy’s littoral combat ship (LCS) USS Coronado (LCS 4) has completed survivability testing off the coast of California on January 28 in preparation for

Electronics

Update on Seagull Mobile apps for Crew

The Seagull mobile app for crew training status is set to revolutionise the way seafarers track their training records and receive critical safety alerts, by making

Danelec Marine Making Free ECDIS Upgrades

Ships with older Danelec ECDIS models are being upgraded to new hardware and software   Danelec Marine has launched a program to provide free upgrades of shipboard

Transas Academy Launched

Transas Academy launched during the Simulation User Conference 2016   Transas has launched its newly established Transas Academy, part of the company's THESIS,

Mergers & Acquisitions

Nautilus, Metro Move to New HQ in Long Beach

After more than 92 years of operating from various locations in Wilmington, Calif., Nautilus International Holding Corp., along with its subsidiaries Metro Ports,

Rosneft, Pietro Barbaro Form JV for Shipping

Rosneft and Pietro Barbaro S.p.A. signed a Memorandum of Understanding with the scope of creating a Joint Venture (JV) in the area of international shipping. The

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0961 sec (10 req/sec)