OceanGate Acquires Deep-Sea Submersible

press release
Wednesday, January 16, 2013

Global Submersible Solutions Provider Acquires Additional Deep-Sea Submersible; Acquisition to Meet Growing Market Demands in Commercial and Research Sectors.

 

OceanGate Inc., a global provider of deep-sea manned submersible solutions, announced today the acquisition of the three-person, diesel-electric submersible Lula from Portugal's Rebikoff-Niggeler Foundation. The submarine, which can operate at a depth of 500 meters (1,640 feet), was purchased to meet the increased demand for manned submersibles in commercial applications focused on biological and environmental surveys, monitoring, and inspection.

 

Having conducted hundreds of dives during her 10-year operating history, Lula will expand OceanGate's ability to meet growing industry client demands, helping fulfill contracts for the University of Washington on behalf of the Defense Advanced Research Projects Agency (DARPA) and Office of Naval Research.  Lula will also supplement OceanGate's Antipodes submersible in performing survey, inspection, and monitoring work in the Gulf of Mexico.

 

"OceanGate's acquisition of Lula reflects the increased demand for submersibles in specific commercial applications," notes William Kohnen, president/CEO of Hydrospace Group and a leading analyst in the underwater research industry. "As more organizations continue to re-evaluate the use of manned submersibles and their value as part of the overall portfolio of sub-sea operations, we will continue to see the market grow. As an industry, these forward looking market development roles continue to be lead by privately funded organizations like OceanGate as they deploy more technology and applications related to submersible solutions." 


 

The submersible is equipped with a five-function manipulator and accompanying sampling box, which together allow for in-situ sampling of marine objects, core sampling for geologic research, and collection of diverse data sets. As a direct observation platform, Lula offers excellent visibility and outstanding opportunity for clients doing monitoring and inspection work. Her 1.5-meter diameter hemispherical viewing dome delivers a wide field of view. In addition, Lula is outfitted with state-of-the-art illumination systems, video and photo equipment, and pre-installed oceanographic data sensors.

 

"Lula's power system provides long range capabilities which help extend our expeditions, and her depth rating of 500 meters will be valuable in a multitude of commercial applications," states Stockton Rush, co-founder and CEO of OceanGate.  "She fits well into our commitment to cost-effective, manned submersible alternatives for commercial clients, and will help us to rapidly expand our exploration activities around the globe."

 

Lula's diesel-electric power system permits direct sailing to dive sites, thereby requiring minimum surface support, and enables efficient international mobility, furthering OceanGate's global reach. Her ease of mobility translates to significant cost savings, as large crews and surface support vessels are not required.

Maritime Today


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

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

Environmental

Insights: Kunkel Weighs in on Propulsion Technology

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers.

Safety and Preparation on the Brownwater Radar

Weather Channel Forecasters are predicting a “near-average” hurricane season for 2016, but warn that an average season does not mean businesses and residents shouldn’t prepare for the worst.

Oil Spills from VLOC in Strait of Malacca

Berge Bulk Maritime confirms that an its VLOC (Very Large Ore Carrier)  “BERGE BUREYA” – (IMO/LR # 9297539) operated vessel was involved in an oil spill incident

Marine Equipment

Insights: Kunkel Weighs in on Propulsion Technology

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers.

A Sea Change in Waterjet Technology

Longtime waterjet propulsion equipment provider NAMJet introduces key advancements for the workboat sector. Back in 2011, when boat builder Birdon went looking

ATB Design Comes of Age

The emerging trend of marrying the design of an articulated tug and barge (ATB) to a particular propulsion system to maximize efficiencies of that system has, of late,

Marine Science

Fuel Consumption, Emissions Monitoring Software Updated

As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS)

Canada Embarks on Arctic Survey Mission

Canada has launched its 2016 Arctic expedition to collect important scientific information to support the nation’s submission on the extended continental shelf in the Arctic Ocean.

Pathogenic bacteria hitchhiking to North and Baltic Seas?

For the first time, AWI scientists have found evidence of living, potentially pathogenic vibrions on microplastic particles. With increasing water temperatures

Surveyors

Friend of the Sea Turns to BMT for Reefer Vessels Certification

BMT Surveys (BMT), a subsidiary of BMT Group, the international maritime design, engineering and risk management consultancy, has been engaged by Friend of the

Drones: Is the Maritime Industry Ready?

Unmanned aerial systems (UAS), or “drones” in common parlance, are not a part of the historical maritime vocabulary. At least not yet. While the term “drones” may conjure images from science fiction,

Canada Embarks on Arctic Survey Mission

Canada has launched its 2016 Arctic expedition to collect important scientific information to support the nation’s submission on the extended continental shelf in the Arctic Ocean.

Subsea Salvage

Damen Presents Decommissioning Vessels Concept

Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas

Technip Bags Woodside's Subsea Contract

Technip has been awarded a large(1) subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia, at a water

Vesper Marine to Protect LIS Underwater Cables

Vesper Marine announced that it has provided its virtual Automatic Identification System (AIS) to New York Power Authority (NYPA) to protect submerged power cables in Long Island Sound.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Repair 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: 0.0942 sec (11 req/sec)