Trident Opens UAE Diving Center
Trident, a subsidiary of Wärtsilä, is strengthening its underwater-related servicing capabilities with the opening of a new diving center facility in Fujairah, United Arab Emirates. This expansion into a major global shipping region will enhance Wärtsilä’s ability to serve its customers with underwater repairs, refurbishments and maintenance. The UAE center became fully operational in February 2019.Wärtsilä already has strong underwater servicing capabilities in Europe through its acquisition of the Trident Group in February 2018…
Wärtsilä Acquires Trident B.V.
Wärtsilä said it has acquired Netherland based Trident B.V., a specialist in underwater ship maintenance, inspection and repair services. The acquisition is expected to close in January 2018. The enterprise value of the transaction is €17.5 million ($20.8 million) and an additional €3.5 million ($4.2 million) earn-out, based on the business performance in the coming years. The turnover of Trident is approximately €9 million ($10.7 million). Trident Group specializes in repair…
Two Found Dead on "Captain Philips" Ship
According to multiple published reports including Reuters, two U.S. security workers were found dead on the Maersk Alabama, a ship made famous by the Hollywood movie "Captain Phillips" in 2013. The two men apparently were found dead in a cabin on board the vessel in the afternoon of February 18 in Port of Victoria in the Seychelles. Both reportedly had beeen on board since 29 January. The Trident Group issued the following prepared statemwnt in the wake of the incident: "It is…
