McMurdo Sells Lights Division

Monday, June 05, 2006
McMurdo announces the conditional sale of its Survivor Location Lights business to Danish owned company Daniamant Ltd. The move to transfer the manufacture of lifejacket, liferaft and lifebouy lights enables McMurdo to continue its strategic process of focussing on the company’s core technologies, namely the design and manufacture of Cospas/Sarsat satellite location products, including Smartfind EPIRBs, Fastfind PLBs as well as Radar SARTs, Navtex and VHF emergency radios. Following the sale, the lights will continue to be manufactured in Portsmouth by the newly formed Daniamant Ltd. The business transfer will take place over the month of June, with completion by June 30th. McMurdo has commenced a comprehensive product launch programme including the new RNLI Man Overboard MOB Guardian system unveiled at the Glasgow Fishing Expo, May 16th. Other products launched in the past week include the new Colour Display Navtex Nav7, SVDR Float Free black box for commericial ships and the Smartfind EPIRB.

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

People & Company News

HCI Capital Renamed Ernst Russ AG

A vote was passed at the ordinary shareholders’ meeting of HCI Capital AG yesterday to change the company’s name to Ernst Russ AG. The Executive Board and Supervisory

CMA CGM to use Kingston As Transshipment Hub

French shipping giant CMA CGM plans to use Kingston Container Terminal,  Jamaica as a strategic Caribbean transshipment hub for an enlarged Panama Canal. The Port connects to US East Coast,

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators 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: 0.0683 sec (15 req/sec)