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

People & Company News

Maersk Profit Plunges

Danish shipping and offshore energy conglomerate Maersk Group reported its profit at US$ 224 million for the first quarter of 2016, a drop of 86 percent compared to $ 1.

Maersk Line Names Hahnemann Chief HR Officer

On August 1, 2016, Ulf Hahnemann, current Vice President for Strategic Programs at Mars Inc. will join Maersk Line as Chief Human Resources Officer (CHRO) and be

American Waterways Operators Elects Chairman

The members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders

News

Container Market - Between a Rock and a Hard Place

The pain of the current container market downturn extends beyond carriers, says Drewry's Container Insight Weekly.    Some independent ship-owners are faced

CMA CGM Announces Emergency Operational Surcharge for Zanzibar

CMA CGM has announced to its customers that there is increasing deterioration of the port congestion up to 15 days in Zanzibar, Tanzania, which is beyond their control.

Libya Eastern Oil Company Blocks Tanker Loading Crude for Tripoli Rival

An oil company set up by Libya's eastern government is preventing a tanker from loading a cargo for its Tripoli rival, the National Oil Corporation (NOC), officials said on Tuesday.

Marine Equipment

CRMG Cranes Arrive in Mersey for Liverpool2

First six of 22 to be installed at £300m terminal; arrival marks end of 13,730 mile (11,930nm) journey from Nantong, China   The first six cantilever rail-mounted

Vesper Marine Updates WatchMate Vision

Vesper Marine, a manufacturer of marine safety products, announced a free upgrade for its flagship AIS Class B transponder, the WatchMate Vision, streamlining usability,

Crane Upgrade for Jack-up Vessel Sea Installer

Major modification work will bring A2SEA-owned vessel into line with growing demands of offshore wind industry   Damen Shiprepair Amsterdam (DSAm), part of Damen Shiprepair & Conversion,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1077 sec (9 req/sec)