LMS, Tokimec Announce Alliance

Monday, October 09, 2000
Litton Marine Systems and Tokimec announced a strategic alliance for development, marketing, sales and service of marine equipment. Under the alliance, the two companies will undertake a cooperative program for developing and marketing products worldwide. "We are very pleased to announce this cooperative program with Tokimec," said Dr. Clark Graham, president of Litton Marine Systems. "It brings together the resources of two very strong marine technology organizations with a long history of cooperative endeavors, and we are confident that the relationship will continue to grow and strengthen in the coming years." "As seen in the remarkable technological innovation and the rapid industrial reorganization, just in front of the 21st century we are in a world of drastic change. The marine equipment industry, which we are involved in, is not an exception," said Mr. Hideaki Katsuki, president of Tokimec Inc. "Our ultimate goal is to provide our customers with reasonable products meeting the needs for safe navigation and labor saving as well as a protection of the global environment. One of the best approaches to this goal can be an international collaboration between distinguished world-class companies. In this sense, we consider that our partnership with Litton Marine Systems this time is of great importance and we are very excited about it and look forward with joy and expectation. In our partnership, we would like to share each other's technologies and know-how, making the most of companies' capabilities. I am sure that such a partnership will accelerate the development of the two companies and our customers will certainly welcome it."
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Captain of Ill-fated El Faro was Known as Trusted Mariner

The captain of the ill-fated cargo ship that sank in a hurricane off the Bahamas with no survivors last week was an experienced and highly trusted mariner who had spent a lifetime on the water,

Cordero Reconfirmed as FMC Commissioner

Mario Cordero was reconfirmed today as a U.S. Federal Maritime Commissioner.   Cordero joined the Federal Maritime Commission (FMC) as a Commissioner on June 3,

Chiarello: TOTE Continues Support to El Faro Families

Anthony Chiarello, President & CEO of TOTE, owner of the cargo ship presumed to have sunk with 33 mariners aboard last week amid Hurricane Joaquin, issued a statement


Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more

Eni Arctic Service Rig Extension Okayed

Italian oil company Eni has received permission from Norway's Petroleum Safety Authority to extend the use of a service rig on its troubled Arctic Goliat oil field offshore Norway until Nov.

Oil Spill Statfjord North Sea Field - Statoil

Loading of tankers suspended, unclear when it will resume. Oil spilled into the North Sea during the loading of a tanker at Norway's Statfjord field on Thursday, operator Statoil said.

Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair 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: 0.1675 sec (6 req/sec)