UK Subsea Equipment Firm Sells US Instruments Business

Press Release
Monday, April 08, 2013
Allan Pirie, CEO: Photo credit Ashtead Technology

Ashtead Technology, announces the sale of its North American Instruments business.

The Instruments business, which specialises in the rental of onshore environmental monitoring, non-destructive testing and visual inspection equipment, has been acquired by New Jersey-headquartered Pine Environmental Services LLC. 

Allan Pirie, CEO at Ashtead Technology, said: "The divestment of the North American Instruments business is a key step in our long-term growth strategy to focus on our Offshore business, which has significant growth potential in the coming years.
"The sale enables us to accelerate our strategic investment plans globally and to further meet our customers' requirements for the highest quality subsea equipment rental solutions."

Ashtead Technology, based in Westhill, Aberdeen, Scotland, provides a fully-integrated subsea equipment solutions offering from three fully-serviced offshore supply facilities located in Aberdeen, Houston and Singapore as well as through full service agents in Norway, Australia and the UAE. The company provides rental equipment, calibration, repair and maintenance services, offshore personnel and bespoke engineered solutions.

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

Royston Appoints New US Distributor

Diesel power engineering specialist Royston has appoint a new U.S.-based distributor, citing growing interest in its advanced Enginei marine fuel management and monitoring systems.

SSI Hires Holder for US Sales

SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market.    According to SSI, the hiring is intended to meet the expanding

MacGregor Wins Orders for Pusnes Deck Machinery

MacGregor, part of Cargotec, announced it has secured orders for a series of Pusnes deck machinery packages for several shipowners. The Pusnes equipment has been

Marine Equipment

Rolls-Royce to Exhibit Power Offerings at WorkBoat

Rolls-Royce will showcase its latest marine power innovations, including several MTU commercial marine products and systems, at the International Workboat Show 2015, December 1-3 in New Orleans.

IMMA App Offers Access to Maritime Medical Stores

Deteriorating seafarer health and poorly-stocked onboard medical chests are major issues concerning maritime medical practitioners, which is why the International

Royston Appoints New US Distributor

Diesel power engineering specialist Royston has appoint a new U.S.-based distributor, citing growing interest in its advanced Enginei marine fuel management and monitoring systems.

Mergers & Acquisitions

Alaska Buys TransCanada AK LNG Stake

The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

CMA CGM to Acquire Neptune Orient

France’s CMA CGM SA is in exclusive talks to buy Singapore’s Neptune Orient Lines Ltd (NOL), the shipping company and its Singapore’s Temasek Holdings Ltd., its largest shareholder, said.

Obama Urges Halt to Artificial Islands in S.China Sea

U.S. President Barack Obama said on Saturday that countries should stop building artificial islands and militarising their claims in the disputed South China Sea.

Underwater Engineering

Ship Conversion: Offshore Survey Vessel to Become a Flotel

Dutch shipowner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the Viking II, for use as a hotel vessel

Largest Underwater CO2 Release from Pipeline - DNV GL

Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully

Warm Water Mixing up Life in Arctic

AWI researchers’ unique 15-year observation series reveals how sensitive marine ecosystems in polar regions are to change The warming of arctic waters in

Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1710 sec (6 req/sec)