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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Newport News, ODU Partner for Bachelor's Degree Program

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree

Navios Time Charters Two Product Tankers

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced  that the Nave Equinox and the Nave Pulsar have been chartered out

Azeri Shipyard, BP Sign Vessel Construction Contract

Azeri state energy company SOCAR's shipyard and British oil major BP have signed a $378 million deal to design and build a subsea construction vessel for the Shah Deniz II gas project,

Finance

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

CNR: Innovation Maintains US Naval Advantages

An interview with Rear Adm. Matt Klunder, U.S. Navy Chief of Naval Research What are your near term, mid-term and long term science and technology (S&T) objectives?

BIMCO: Positive Economic Developments Benefits Shipping

The recovery of the Eurozone continues as job creation returns across the region. The hiring of more staff indicates that manufacturing and service industries believes

Maritime Safety

Claxton’s Camera Upgrade Puts Crane Safety in Focus

Claxton Engineering Services Ltd, an Acteon company, launched the latest version for its ATEX and safe-area crane boom cameras to improve operational safety through

Safety the Focus as Heavy Lifting Picks Up

Modern heavy lift capabilities are crucial for safe, efficient operations offshore Heavy lift operations offshore are an awe-inspiring feat, but an operation that

Pirates Raid Tanker off Malaysia, 3 Mariners Taken

Armed pirates raided an oil tanker off the coast of Malaysia and took three crew members with them, Malaysian maritime officials said on Wednesday, underscoring

Mergers & Acquisitions

Shippers Vapores, Hapag-Lloyd Merger

A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the firm's merger with Germany's Hapag-Lloyd,

USJ-IMECO Completes RAACI Acquisition

Affiliates of USJ-IMECO Holding Company, LLC, a portfolio company of J.F. Lehman & Company (JFLCO), announced the acquisition of Robichaux Automation and Control, Inc.

PetroVietNam Gas's Q1 gross profit falls 27.5%

PetroVietNam Gas's first-quarter gross profit fell 27.5 percent to 3.9 trillion dong ($185 million) from a year earlier, the Lao Dong (Labour) newspaper reported.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Repair 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: 0.1587 sec (6 req/sec)