Airborne Oil Spill Response System May Take Off

Press Release
Thursday, March 14, 2013
Oil Spill Containment System: Image credit Scout Exploration

An investment research report draws attention to Scout Exploration, Inc. developers of a unique airborne oil spill technology response system.

The system is designed to contain offshore and shoreline oil spills, of which there are hundreds every year, ranging from tens of millions of gallons to millions of barrels of oil in size, causing up to tens of billions of dollars' worth of ecological and business damages. Through a recent transaction, Scout has acquired the rights to what may be the most effective method of oil spill containment and remediation.

In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"The Company's proprietary technology and approach is highlighted by a unique airborne delivery method which substantially reduces response time and limits the damage caused by the accident. The size of the market is enormous and, if future tests prove successful, the Scout system could be broadly deployed around the world."

To view a summary of the report or download the report in its entirety, click here.

About Goldman Small Cap Research:
Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock research reports, daily stock market blogs, and popular investment newsletters.
 

Maritime Today


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

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

Technology

Novoship to Install Ecochlor BWTS on 4 Tankers

SCF Novoship Technical Management has selected the Ecochlor Ballast Water Treatment System (BWTS) to be retrofitted on three Aframax Oil Tankers and one Product Carrier.

DCNS Deploys 3DEXPERIENCE Solution

Dassault Systèmes and DCNS partner on the 3DEXPERIENCE innovation platform for next generation naval defense solutions   Multi-disciplinary, Collaborative Innovation

Hapag-Lloyd Sees Uptick of Incorrectly Declared Dangerous Goods

Year-on-year increase of 65 percent; more than 4,300 cases worldwide   Container shipper Hapag-Lloyd said it registered considerably more incorrectly declared dangerous goods last year,

New Products

IMarEST Announces New Member Benefit

The Institute of Marine Engineering Science & Technology (IMarEST) has announced a new benefit for its members in the form of IMarEST TV, an on-demand video platform.

New Autonomous Control System Launched

Sea Machines Robotics of Cambridge, Mass. announced the release of its Autonomous Control System (ACS), an advanced vessel control system which converts manually

HamiltonJet Debuts JETanchor Positioning System

Global waterjet manufacturer HamiltonJet has launched its latest vessel positioning system, JETanchor.   Developed from the blueARROW controls platform JETanchor

Environmental

SevenCs Supports MariGreen Project

SevenCs is part of the EU INTERREG V A cross-border project “MariGreen” to support the maritime industry in the transition towards more efficient, greener and more sustainable shipping.

LNG Bulker Cements Thordon's Green Future

Sea trials aboard Greenland, the world’s first LNG-fuelled short-sea dry bulk vessel, have validated the performance of Thordon Bearings COMPAC propeller shaft solution,

New Offshore Vessel to be Fitted with Cathelco BWTS

Cathelco is supplying a ballast water treatment (BWT) system for a new offshore vessel built by Eastern Shipbuilding Group Inc., for Harvey Gulf International Marine, LLC.

Offshore Energy

ALMACO Wins Statoil Order for 450 Cabins

ALMACO Group was awarded the contract to build 450 NORSOK-compliant Modular Cabins for Statoil’s Johan Sverdrup fixed platform at Apply Leirvik’s yard in Stord, Norway.

Three Dead on Pemex Platform, Fire Under Control

Three workers were killed and at least seven injured when a fire broke out on a Pemex oil processing platform in the Gulf of Mexico, but the latest in a string of incidents is now under control,

HHI to Localise Main Equipment for Offshore Plants

Hyundai Heavy Industries and Doosan Heavy Industries Collaborate in Localizing Main Equipment for Offshore Plants   Seoul, South Korea – February 4 – Hyundai Heavy Industries (HHI),

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction 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: 0.0884 sec (11 req/sec)