Seakeeper Sales Continue Growth

MaritimeEquipment.com
Friday, January 24, 2014
Photo courtesy of Seakeeper

Gyro stabilization system manufacturer Seakeeper reported a 33% sales increase for 2013, contributing to its 53% average annual growth for each of the past three years. The company projects more than 40% growth for 2014 and is completing an 18,000 sq. ft. expansion of its engineering and manufacturing campus in Pennsylvania to meet anticipated demand.

Most of Seakeeper's 2013 increase came from the recreational segment, where refit projects skyrocketed worldwide and more yacht builders specified the gyro as standard or optional equipment. "Seakeeper is becoming a 'must have' for consumers," said company COO John Kermet.

Seakeeper's new Professional Division will build on momentum in commercial marine and military markets, where Kermet said sales are projected to triple. Gyros enhance owner/operator profitability by allowing more days on the water, safer working conditions, reduced crew fatigue, and less fuel consumption.

"In the future we believe there will be a gyro in every boat. To help realize this vision and further enhance our customer's onboard experience, we have many exciting product announcements scheduled throughout the year," said Kermet. Gyro stabilization was named one of the top boating innovations in the past 20 years in a recent Soundings Trade Only article.

Seakeeper will expand its Miami International Boat Show presence with a convention center booth and demo rides on a 43 Bertram at Sea Isle Marina. It will also exhibit at the Miami Yacht & Brokerage Show.

Maritime Today


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

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

KOTUG Begins Operations in Mozambique

KOTUG Mozambique has begun exclusive port and terminal towage services with two Rotortugs in the new port of Nacala-a-Velha in northern Mozambique for Nacala Development Corridor (CDN),

French Oil and Port Workers Vote to Begin New Strikes

Oil sector workers of French CGT and FO unions voted on Monday to begin a strike at Exxon Mobil's 240,000 barrels-per-day Port Jerome refinery in northern France, the unions said in a joint statement.

News

China Shipbuilding Plans Major Restructuring

State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring

Sovcomflot IPO Soon

The long-awaited initial public offering (IPO) of Sovcomflot, which runs one of the world’s largest tanker and gas carrier fleets, has moved a step closer.    Economy

BEST Sets Container Handling Record

Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved a new record when it moved 7,760 TEU on the call of MSC Beatrice.

Marine Equipment

Weight for Delays

Drewry survey finds that confusion reigns over new container weighing rule with most stakeholders expecting some delays after its implementation in July.   There

Navico Makes its Commercial Push

Marine electronics group Navico, a literal ‘house of brands’ for the recreational, sail, power and commercial marine markets, is making a strong push in the commercial sector with its Simrad brand.

DLM Launches Container Load Monitoring System

Chant Engineering announced that business partner DLM has introduced a new product for the International Shipping Industry: the Twistlock Load Cell and Container Load Monitoring System.

Yachts

Maritime Turkey Set for a Tailwind

Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and

Can Shipping Help Greece Ride out the Storm?

Greece is considered to be the world’s first ship-owning country in terms of tonnage. The Greeks are known to control 17.7% of world fleet and gaining share except in crude tankers.

Abandoned Yacht Found Off Port Stephens Beach

A yacht with no one on board has been discovered in the ocean in Port Stephens in the Hunter, prompting fears a person may have fallen overboard, as per a report in SMH.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Sonar 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: 0.1011 sec (10 req/sec)