Marine Professionals commemorates 20th anniversary
Marine Professionals Inc. (MPI) is marking its 20th year in business, kicking off a year-long commemoration with a new celebratory logo and a secondary, complementary visual. The anniversary logo symbolizes MPI’s success over the past 20 years, as well as its commitment to its longstanding clients and overall philosophy of customer loyalty and care. The secondary logo rounds out new visual identifiers with a universally recognizable compass rose. Over the past two decades, MPI has sailed from expanding its ongoing yacht maintenance and management business…
ST Engineering Increase Stakes in Mexican JV
Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has subscribed to a capital call of MXN7.5m (about S$0.7m) from GFM Electronics S.A. de C.V. (GFM Electronics). This additional capital subscription increases ST Electronics’ shareholding in GFM Electronics from 50% to 51%, resulting in GFM Electronics becoming a subsidiary of ST Electronics. Upon completion of the capital injection, the issued and paid up capital of GFM Electronics will be increased from MXN34.7m (about S$3.3m) to MXN49.9m (about S$4.7m). GFM Electronics, formed in 2000 by ST Electronics and Grupo Ferrominero, S.A de C.V.
Transas, Japan Radio Company Announce Strategic Partnership
The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value. Transas, the innovative, digital solutions company, and Japan Radio Company (JRC), a leading global marine electronics company, today announced their new strategic partnership. The two industry-leading companies will work together in research and development, product distribution and project collaboration. The technical…
RIBCRAFT Delivers Patrol Boat in NC
Rigid inflatable boat (RIB) manufacturer RIBCRAFT has delivered a RIBCRAFT 6.5 to the Pender County Sheriff. Located on the Atlantic Ocean in the southeastern part of North Carolina, Pender County Sheriff formed a joint venture with the County Rescue Squad to provide on water enforcement and rescue operations seven days a week during the summer months. The 21’ RIBCRAFT meets the county’s multifunctional requirements and expands its on water response capabilities. RIBCRAFT worked…
Navionics charts in iNavX In-App Chart Store Available
iNavX, the benchmark marine navigation mobile application, announced today, in partnership with Fugawi and Navionics, the availability of Navionics charts in the iNavX In-App Chart Store. This is a first for the industry, and iNavX is the only independent marine navigation app to offer Navionics charts to its users. “When it comes to crucial navigation information, boaters’ decisions about what apps, electronics and charts they use can be as varied and personal as the foul weather gear they wear to keep them dry,” said Shaun Steingold, CEO, NavX Studios.
ST Electronics Establishes Brazilian Subsidiary
Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has set up a subsidiary, ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda, in Brazil. ST Electronics holds 99% stake in the new subsidiary, with the remaining 1% stake held by its wholly owned subsidiary, ST Electronics (SatCom & Sensor Systems) Pte. Ltd. ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda, based in Sao Paulo, will have a paid up capital of US$2m (about S$2.55m). Brazil is an important emerging economy and the setting up of the Brazilian subsidiary marks an important step forward in ST Electronics’ marketing strategy for entry into that market.
ST Engineering Injects Capital in Brazilian Arm
Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement on 11 July 2014 on the setting up of ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda (ST Electronics Brazil) in Brazil, it has completed the capital injection of US$2m (about S$2.49m) into its Brazilian subsidiary. ST Electronics Brazil was set up with two shareholders in compliance with Brazilian laws - Singapore Technologies Electronics Limited (ST Electronics) holds 99% stake, while its wholly owned subsidiary, ST Electronics (Satcom & Sensor Systems) Pte. Ltd., holds the remaining 1% stake. This capital…
Hinckley Appoint Frank and Bernard in Electronics Department
Hinckley Yacht Services, the newly renamed Little Harbor full service complex here, has announced the appointment of David Frank as electronics department supervisor, establishing the department as a full service dealership. He will be assisted by Roger Bernard as electronics service manager. Previously, electronics work at Little Harbor was subcontracted out to vendors and technicians in the Portsmouth area. "These men have been working in the marine electronics business for over 25 years so they know the clientele and the demands of the job," said Geoff Prior, operations manager of the yard. Frank brings 17 years of experience as a marine electronics technician. manufacturers such as Furuno, Northstar, B&G, Seatel, and Raytheon.
STN ATLAS Marine Electronics Sold
As of November 1, 2003, equity investor EquiVest, represented by Munich-based CBR Management GmbH, has acquired from EMG EuroMarine Electronics, a Hamburg-based Rheinmetall Group company, the business operations of STN ATLAS Marine Electronics GmbH, Hamburg. The parties to the deal have agreed not to disclose any details on the price paid. The takeover by EquiVest is part of an MBO enacted by STN ATLAS Marine Electronics' Management Board. The new company will operate under the name of SAM Electronics GmbH. A leading systems supplier in the market for electrical and electronic ship and offshore equipment, STN ATLAS Marine Electronics' some 1,000-strong workforce generated sales of EUR 244 million in fiscal 2002.
Meucci Promoted to Sales Manager ZF Marine Electronics
ZF Marine Electronics has promoted Jim Meucci to Sales Manager. Meucci started with Mathers Controls over 25 years ago, and most recently held the position of Regional Sales Manager at ZF Marine Electronics headquarters in Mukilteo, Wash. In his new position, Meucci has overall sales responsibility for ZF Marine Electronics' controls systems business in the North America region. ZF Marine Electronics LLC, (formerly ZF Mathers LLC) supplies both electronic and pneumatic vessel control systems. Product brands for the controls group include ClearCommand, MiniCommand, MicroCommander, SkiCommand and SmartCommand.
Federal Electronics Wins Award
Federal Electronics, Inc. has been selected as a recipient of the 2008 Supplier Excellence 4 Star Award from Raytheon Integrated Defense Systems (IDS). A supplier to Raytheon IDS for the past 7 years, Federal Electronics was honored with the award for the company's exemplary performance and contribution to the success of Raytheon IDS and its customers. Federal Electronics Vice President Ed Evangelista and Account Manager Chris Heywood were presented with the award in a ceremony at Raytheon IDS in Tewksbury, Mass. "We are honored to have been selected by Raytheon IDS for this prestigious award for the second consecutive year," said Evangelista. Raytheon IDS is involved in Joint Battlespace Integration and provides solutions to organizations including the U.S.
L-3 SAM Electronics Promotes Managing Directors
L-3 Marine Systems International (L-3 MSI) announced today the promotion of Armin Groth and Maik Stoevhase to managing directors of its L-3 SAM Electronics business. As managing directors, Groth and Stoevhase report to Ulrich Weinreuter, president of L-3 MSI. Having worked in the maritime industry for more than 24 years, Groth joined L-3 SAM Electronics in 2006 as managing director of its STN Schiffselektrik subsidiary before he took over SAM’s Integrated Systems business in 2009.
GoFree Vessel Monitoring Adds Global Connectivity with Vodafone
Vodafone announced today that it is working with Navico, an international marine electronics company, to bring global connectivity to Navico’s GoFree product suite. Using the Vodafone Global Internet of Things (IoT) SIM, GoFree can provide boaters, fleet managers, and service technicians with the ability to monitor, log, transmit and report important vessel information in real-time. With the connectivity, GoFree Track, an affordable hardware system,can track critical vessel information like engine hours, battery status, oil pressure, coolant temperature, fuel consumption, and more.
Marine Electronics Company Navico Emerges
Today, a company to be known in the development, production, marketing and sales of marine electronics comes to life, under the name of Navico. The launch of Navico is the result of the merger between Simrad Yachting AS and Lowrance Electronics Inc. The newly merged company will reach world wide revenues close to $300m for 2006. The company's headquarters is located at Lysaker outside of Oslo, Norway and the total number of employees will be approximately 2.500, spread world-wide. Bringing it all together is new company owner Altor, a Nordic investment company. The market for marine electronics is experiencing international growth. Bringing together four of the world's strongest brands in the marine electronics business in one company…
NMEA Announces Electronics Product Award Winners
The National Marine Electronics Association (NMEA), announced this year’s recipients of the product awards distributed at NMEA’s Annual convention and Exposition at Sanibel Harbor Resort in Fort Myers, Fla. October 23-26. The NMEA products awards recognize excellence in design, performance and reliability in marine electronics products. The awards are selected by votes from marine electronics dealers, distributors and other industry professionals. According to the rules, each active, non-manufacturer member of the NMEA and each NMEA-certified marine electronics technician are allowed to cast one vote. This year’s winners were comprised of 13 companies in 24 different product categories.
Saab Marine Group Is Newest Spin Off
Saab Marine Electronics has formed a new group of companies in order to supply the marine market with a total concept for modern applications. During a short period of time Saab Marine Electronics has acquired the share holding majority in three companies with complementary high performance equipment within ship automation, tank cleaning and ballast and bunker tank monitoring. At the same time, Saab Marine Electronics has established marine sales and service companies in Singapore, Dubai, Russia and the U.K.
J.F. Lehman & Co. Acquires ACR Electronics
J.F. Lehman & Company acquired ACR Electronics, Inc. from Chelton Avionics, Inc., a subsidiary of Cobham plc. ACR Electronics, Inc. is a leading provider of safety products and solutions to the aviation, marine, military and commercial markets worldwide. The Company’s core products include life-saving devices such as rescue beacons, safety lights, and other safety equipment which have been sold for decades under the ACR and Artex brands. “We are very pleased to have the opportunity to invest in ACR Electronics,” said Stephen Brooks, Partner at J.F. Lehman. “ACR Electronics is a market leader in many of J.F. Lehman’s core end-markets and has a strong reputation for quality and engineering expertise across a diverse product suite with both military and civilian customers.
Bueno Joins Sales Team at ACR Electronics
Jose Bueno Joins the ACR Electronics Sales Team as International Sales Manager. Bueno is an international sales and marketing veteran having most recently held positions with Directlink International and Cosmo Communications Corp. both located in Miami, Florida. Bueno will oversee marine and bridge electronics, government, outdoor and aviation market sales for ACR¹s international division covering Asia, the Pacific Rim and Latin America.
Brief VTS Outage in Prince William Sound Coverage
Wednesday the fire alarm in the Electronics Support Detachment Valdez building was triggered indicating a potential fire in the electronics room. The Valdez Fire Department immediately responded to the alarm, cleared the space of any potential danger, and stated the smoke appeared to be due to an electrical short in one of the equipment racks. Coast Guard VHF-FM radio circuits and Vessel Traffic Service remote sensor systems remained operational following the short; however, the Vessel Traffic Center’s visual tracking display was temporarily disabled. Early morning Thursday technicians successfully restored the display and Vessel Traffic Service Prince William Sound was returned to normal operations.
L-3 Acquires International Electronics
L-3 Communications, announced has acquired the six corporations of G.A. International Electronics Group. G. A. International Electronics is a high seas marine electronics business providing sales and service of marine electronics equipment for navigation and communications onboard commercial tankers, freighters and major cruise liners operating within the United Sates and in the . The business will be combined into a single unit and renamed L-3 G.A. International and will be integrated into the L-3 Marine and Power Systems Group. Headquartered in , L-3 G.A. International has been successfully providing sales, installation, and service for a broad range of OEM navigation and communications products to commercial maritime shipping and cruise line companies for nearly 25 years.
Major Chinese Order for SAM Electronics
Hamburg-based SAM Electronics, in association with its Chinese subsidiary, SAM Taihang Electronics, has been awarded a contract to supply and install NACOS 54-5 integrated navigation command systems featuring radar-controlled trackpilots, Ecdis and other sensors aboard ten 31,000-dwt multi-purpose heavy lift vessels under construction by Huanghai Shipbuilding of Rongcheng for delivery to Columbia Shipmanagement between 2009 and 2012. Under the contract for ships that will be operated by Austral Asia Line (AAL) on its South East Asia and Australasian routes, SAM Electronics will additionally supply compass systems as well as GMDSS and satellite communications equipment together with associated consoles.
US Navy Radar Jamming Contract for KOR Electronics
Mercury Computer Systems' subsidiary KOR Electronics gets a US Navy 5-year basic sole source orderiing agreement (BOA). This BOA supports the continued development of state-of-the-art techniques and target generation capabilities in conjunction with the advanced Digital RF Memory (DRFM) architecture developed under a prior Small Business Innovation Research (SBIR) Phase II.5 award issued to KOR Electronics. The BOA provides for research and development, production, engineering services and ongoing support and is valued at up to $58M. "This agreement is a perfect example of how the SBIR program can benefit our country's defense and small business," said Kevin Carnino, KOR Electronics President and Chief Executive Officer.
SIMRAD Expands West Coast Staff
SIMRAD has expanded its sales team with the addition of Michael Lynn as its Commercial Sales Manager USA West Coast. Lynn will concentrate on working with SIMRAD dealers to facilitate sales to commercial fishing, tug boat, workboat, and coastal transportation customers. “Michael’s considerable experience in marine electronics as well as his superlative communications skills made him the obvious choice for this position,” said Brian Staton, president of SIMRAD Inc. Lynn, 53, brings more than 20 years of experience in the marine electronics industry including positions at Radio Holland, USA (Houston, TX), Raytheon Marine Co. (Nashua, NH) and Sea Mar Electronics Inc. (Seattle, WA). In addition, Lynn has five years of retail store management experience.