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 March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Cosco Bulk Shipping Losses Down in 2014

China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market.

Steady Growth Reported by the Swedish Club

The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where

MOL’s Coal Carrier for Tokyo Electric Power

Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard

News

Cosco Bulk Shipping Losses Down in 2014

China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market.

Steady Growth Reported by the Swedish Club

The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where

MOL’s Coal Carrier for Tokyo Electric Power

Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard

Marine Equipment

MOL’s Coal Carrier for Tokyo Electric Power

Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard

Swire Pacific Offshore Acquires 2 Newbuildings

Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming of two new vessels, Pacific Centurion, an Anchor Handling Tug Supply (AHTS) vessel,

APM Terminals Mumbai Welcomes China Shipping

APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service,

Yachts

Yachting Malta PPP Sets Sail

Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".

Taiwan Boosts Yacht Export

Taiwan's yacht industry saw its first double-digit growth in nearly a decade, indicating an inspiring revival led by development and sales of larger leisure boats,

Dometic’s Workboat Play

Workboat operators are taking a second look at Dometic’s SeaXchange Reverse Osmosis Systems as missions expand and demands on these vessels increase. It’s no secret

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.4057 sec (2 req/sec)