Canadian Navy Orders Systems from Offshore Systems International
Offshore Systems International Ltd., a niche military contractor headquartered in Vancouver, Canada, announced that the Canadian Navy placed a new order for ECPINS Systems worth more tha $300,000 to Offshore to support urgent operational requirements on board Navy ships deploying as part of Canada’s contribution to the international war on terrorism. “The Canadian Navy is one of Offshore’s long-time customers and supporters, and we’re proud to be part of this important mission,” said John Jacobson, President and Chief Executive Officer of Offshore Systems. “These systems are our latest technology, and will provide navigational capabilities for the Navy that are the best in the world.
Offshore Books $1M Of New Business with USCG
Offshore Systems International Ltd. has received orders from Marinette Marine Corp. Shipyard for ECPINS systems for USCG Sea Going Buoy Tender WLB hulls 6 and 7 with an option for an additional nine systems through the year 2003. In addition, Offshore's wholly-owned U.S. subsidiary, Offshore Systems International Inc., has been selected by the USCG and Bollinger Shipyard to provide the Yokogawa EML500HV1 Electromagnetic Speed Log for the new USCG Coastal Patrol Boat (CPB) Program. The company has received orders for the first 13 CPB ship sets with an option for an additional 37 CPB ship sets over the next two years. The total value of the committed business is approximately $1,000,000 with the potential for significant new orders based on the options under the two contracts.
Canadian Maritime Review
With 1,860 miles of waterways, our neighbors to the north are no slouches in the maritime industry. In fact, Canadian maritime companies continue to offer technological and operational innovation. The Canadian coastline stretches out 151,492 miles, making it the second largest country in the world. Canada not only supports a thriving maritime industry, with exporting ships carrying timber, crude petroleum, natural gas and aluminum, but the country is also home to a variety of companies providing the means to allow these vessels to run smoothly and efficiently. In St. Catherine's, Ontario, Port Weller Drydocks is known for its extensive knowledge of engineering connecting the design, installation and testing aspects of inter-disciplinary projects.
