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 Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

News

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Marine Equipment

Maersk Interceptor Named in Norway

In a ceremony held at GMC Marine Partners yard in Mekjarvik in Norway, Mrs. Anita Utseth, Senior Vice President in Det norske oljeselskab ASA (Det norske) had

Fincantieri & Vittoria Shipyard Join Forces

During the 24th edition of Euronaval, the most prestigious event in the world for naval defense, Fincantieri, one of the major shipbuilding groups worldwide, and Vittoria Shipyard,

Aquarius MAS with Marine Solar Power Installed on Delos

Eco Marine Power together with strategic partners has installed an Aquarius Management & Automation System (MAS) integrated with a marine solar panel array on-board the Blue Star 'Delos'.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1610 sec (6 req/sec)