Drew Marine Completes Aqcuisition of Alexander Marine & Safety

press release
Monday, February 04, 2013

Drew Marine has completed the acquisition of Alexander/Ryan Marine and Safety Inc., and it will join the organization under the name Alexander/Ryan Marine & Safety division of Drew Marine.  With locations in the United States (Louisiana and Texas) and in the United Kingdom, the division brings 82 new employees to Drew Marine.

 

Alexander/Ryan Marine & Safety is a manufacturer and distributor of fire, safety and rescue equipment to the Offshore and Marine markets. Alexander/Ryan offers a variety of high quality products and services, including personal protection, lifesaving and firefighting equipment, life raft systems, new survival craft, survival craft refurbishment and technical field services. Drew Marine Signal & Safety has a long established business relationship with Alexander/Ryan and is one of the largest distributors of Pains Wessex products in the U.S.

 

Len Gelosa, Drew Marine’s President & CEO, said, “As a global organization, it is imperative that we continue to grow in ways that support our mission of providing superior brands, products and services to our customers. The acquisition of Alexander/Ryan complements our mission perfectly and creates the opportunity for even greater inroads into the Fire, Safety and Rescue and Offshore markets.”

Drew Marine is a provider oftechnical solutions and services to the marine industry.  Recognized products and services include Water Treatment, Fuel and Energy Management, Maintenance Chemicals and Coatings, Welding and Refrigeration, Sealing Products, and Fire, Safety & Rescue.  

Maritime Today


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

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

Contracts

AWO Authorizes ClassNK to Perform RCP Audits

The American Waterways Operators (AWO) and ClassNK have signed an agreement under which ClassNK will be authorized to conduct audits of AWO's Responsible Carrier Program,

Radio Holland Wins Contracts for Canadian Coast Guard Vessels

Radio Holland Canada has won two major contracts to support the Canadian Coast Guard. Public Works and Government Services Canada, which is responsible for government procurement,

Young Brothers Orders Four New Tugs from Conrad

Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million

Finance

Oil Up on US Crude Draw; Brent Back Above $50

Oil prices surged 4 percent on Wednesday, with Brent settling above the psychological $50 a barrel mark, after a larger-than-expected drawdown in U.S. crude inventories.

Baltic Index Rises on Greater Vessel Demand

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, boosted by demand that is driving rates up across vessel segments.

CMA CGM Crosses 91.05% Ownership Threshold of NOL

CMA CGM S.A has crossed the compulsory acquisition ownership threshold in Neptune Orient Lines Limited (NOL).    Following its all-cash voluntary conditional

Maritime Safety

AWO Authorizes ClassNK to Perform RCP Audits

The American Waterways Operators (AWO) and ClassNK have signed an agreement under which ClassNK will be authorized to conduct audits of AWO's Responsible Carrier Program,

Waterway Reopened after Barge Grounding

The U.S. Coast Guard has opened the Red River from mile marker 40 to mile marker 42 for vessel traffic, Monday.   The Red River had been closed due to a barge that had run aground at mile marker 41,

Lloyd's Register Extends Drilling Rig Integrity Support

Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it

Mergers & Acquisitions

COSCO Says Piraeus Port Sale Terms Inconsistent with Deal

COSCO Greece objected on Wednesday to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping, saying they were inconsistent with those

UASC Shareholding States Vote to Back Hapag-Lloyd Merger

United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line Hapag-Lloyd AG at a meeting on Wednesday.

CMA CGM Crosses 91.05% Ownership Threshold of NOL

CMA CGM S.A has crossed the compulsory acquisition ownership threshold in Neptune Orient Lines Limited (NOL).    Following its all-cash voluntary conditional

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
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: 0.1493 sec (7 req/sec)