Nautronix Celebrates 30 Years
Wednesday, July 10, 2013

Through water communication and positioning technology company, Nautronix, celebrated 30 years in the oil and gas industry this week. Their financial year has come to an end and they are reporting growth in 2012/2013 of more than 41% on the previous year, the company said, with revenue increasing to £16.1 million which demonstrates how much the company has grown over the years. 

The success of the company comes from the introduction of the Survey Services division and a number of significant contract wins including recently awarded contracts with an approximate value of £2.8 million. As a result of the growth and success of Nautronix in the past year, they have employed an additional 42 people and as they continue to grow, they have budgeted to increase their work force to 120 people in 2013/2014.

As a technology company, Nautronix has invested £1.5 million in the research and development of their products and have recently completed a major NASeBOP project for acoustic switches for BOPs, which has now been successfully supplied and is currently on back order.  They have invested £20million on this product alone over the past couple of years and the system has been developed and manufactured in their production base in Aberdeen.

As Nautronix continues to develop their product range and service offering, they have invested a further £1.2 million developing the latest state of the art Digital Diver Communications System, NASDive which will be launched soon. They will also be releasing a new range of Beacons from the Dolphin Range and there is a number of exciting research and development projects that are planned over the new financial year.

In support of continued business growth, Nautronix also opened a brand new Headquarters in Aberdeen, "the energy capital of Europe" and a new office in Stavanger, Norway and the company also established a larger site in Houston, Texas.

Commenting on the results and growth of the company, CEO, Mark Patterson said “As we look towards the next financial year, Nautronix marks 30 years as providers of leading technology developments for the global offshore industry. This has been an extremely successful financial year for Nautronix and seeing the company grow and develop the way it has over the past 30 years is a testament to the service offering that Nautronix provides"

Maritime Today

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

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release

S&P Raises Steamship Mutual outlook to Positive

Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard

SSA Welcomes Decision To Extend BEO

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption


S&P Raises Steamship Mutual outlook to Positive

Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard

Norwegian Escape with Biggest Scrubbers sets Sail

On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine.

ZIM Integrated Shipping Remains Profitable

Despite challenging market environment with freight rates reaching historic lows in several key trades,  ZIM Integrated Shipping Services continues to outperform


ESL Shipping to Enter the Renewable Energy Market

ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market.

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of

Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair 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: 0.1016 sec (10 req/sec)