Simrad, Inc., a subsidiary of the Kongsberg Group and U.S./Canadian distributor for Simrad marine electronics, announced that Kongsberg has sold the company to Altor, a Nordic investment fund. The sale involved all four European Simrad factories, the holding company Simrad AS and distribution companies in addition to Simrad, Inc. including Simrad AB (Sweden), Simrad GmbH (Germany), Simrad SA (France), Simrad BV (the Netherlands) Simrad Srl (Italy), and Simrad Canada Ltd. “We view this as a very positive development for Simrad, Inc. and the marine electronics industry in North America,” said Brian Staton, President of Simrad, Inc. “This will result in a fresh wave of investment in our important recreational yachting and commercial markets. We’re looking forward to building our business and strengthening our position in the market under new ownership.” “The market for yacht electronics is experiencing strong growth and change as a result of new technology and lower production costs. Simrad is one of the world’s leading suppliers of such equipment, and stands on the threshold of numerous exciting possibilities. We are looking forward to working with management to further reinforce the company’s competitiveness and market position,” said Hugo Maurstad, a partner in Altor.
The right product for the right application is a familiar claim from marine equipment supplier Simrad, but, when compliance with International Maritime Organization (IMO) requirements is at stake, it is a call demanding an immediate response. Compliance with the Safety of Life at Sea (SOLAS) Convention on Electronic Chart Data and Information Systems (ECDIS) is now a matter of urgency. The mandatory phase-in for all internationally trading vessels to be fitted with an ECDIS using
Simrad, a world leader in marine electronics is to launch a brand new, highly developed satellite TV system for use on leisure vessels of all sizes. The TV45, TV46 and TV60 antennas offer unparalleled picture quality even in the harshest of conditions and areas where satellite reception is at its poorest. The three different sized deck mounted domes available are able to receive all major television channels almost anywhere on water. Whether at berth
Navico — selling under the Lowrance, Simrad and B&G brands — announced its operational performance results for the fourth quarter and the year ending December 31, 2012. Revenue in the fourth quarter increased by 27% compared to the same period in 2011, ending the year on the same strong note as earlier quarters in 2012. Overall, the revenues for the year were up 15% to MUSD 256.0 in a flat market. This resulted in Navico increasing its global market share by around 4
Simrad Yachting, a leader in the design and manufacture of world-class marine navigation, autopilot, radar, communications and fishfinding systems, announced today its partnership with Maverick Boat Company. Maverick’s Cobia brand of center console, dual console and bay boats have long had a reputation for stunning performance and value. The latest release from the industry-leading brand, the 334 high-performance center console
Simrad HALO Pulse Compression Radar has been awarded the Technology Award at the 2015 National Marine Electronics Association (NMEA) Conference and Expo in Baltimore, Md. The NMEA 2015 Technology Award is judged by an independent panel of experts recognizing exceptionally innovative consumer marine products. Each entry was evaluated based on “innovation, benefit to boaters, practicality and value.”
The National Marine Electronics Association (NMEA) is recognizing four marine electronics manufacturers for introducing their new NMEA 2000 compliant products at the 2002 NMEA Convention. The participating companies are Kvaser, Raymarine, Simrad, and Teleflex. Kvaser is introducing Kvaser Neptune hardware and software, which provides a gateway between maritime serial and CAN communications. It is equipped with two serial channels and one CAN channel to translate select NMEA 0183 formatted
Kongsberg Simrad AS and ABB AS have entered a worldwide cooperation agreement on joint marketing, sales and technology development to marine and offshore vessels. As part of this agreement there will be a transfer of ABB's business related to dynamic positioning to Kongsberg Simrad. The two companies have established themselves as leading international suppliers, predominantly with complementary products and systems
The marine electronics world lost a pioneer with the passing of Willy Simonsen on December 4, 2003. Simonsen, who was 90 years old, was the co-founder and driving force behind Simrad, a company that is today part of the Kongsberg Group, the world's largest manufacturer of marine electronics. It was in 1947 in postwar Norway that Simonsen joined with John Mustad (of Mustad fishhook fame) to form Simonsen Radio AS in Oslo, Norway
Navico’s list of approvals received from the Korea Marine Equipment Research Institute of South Korea has grown following type approval of the latest generation Simrad MARIS ECDIS900 Mk 5 and Mk 15 Electronic Chart Display & Information Systems, joining already approved products such as Simrad Broadband 4G radars, ARGUS antennae, gyrocompasses, autopilots and control and display units. The integrated electronic navigation specialist has secured certificates warranting the
Marine transportation provider Vane Brothers has taken delivery of the newly built tugboat Delaware, the fourth of eight vessels in Vane’s Elizabeth Anne Class of 4,200-horsepower tugs contracted through St. Johns Ship Building in Palatka, Fla.
Simrad Yachting announced today a new, unlockable add-on feature for Halo Pulse Compression Radar Systems – VelocityTrack. Increasing boater awareness, VelocityTrack provides instant visual feedback on the motion of radar targets in relation to the boat, reducing the risk of a collision.
Simrad Yachting announced today an agreement with Yamaha to integrate the Command Link plus interface into Simrad systems. The Yamaha Command Link Plus system allows boaters to monitor the performance of up to four amaha outboard engines and critical boat systems on the same screen
Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A. Primarily tasked with towing petroleum barges engaged in the North
Simrad's R3016 12U/6X IMO SOLAS CAT 3 Radar System for the commercial shipping market in on the market. The new R3016 12U/6X IMO type approved radar solution is ideal for use aboard CAT 3 SOLAS vessels1, workboats, tugs and coastal fishing boats
Integrated electronic navigation specialist Navico has secured type approval for its SIMRAD MARIS ECDIS900 Mk 5 and Mk 15 electronic chart data information systems (ECDIS) by the Russian Maritime Register of Shipping. The IMO type-approved navigation systems are designed for use on board
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. Armed with a stockpile of new technology and a global network of sales and support
Kongsberg Maritime has been chosen to deliver an integrated subsea technology systems package including two HUGIN Autonomous Underwater Vehicles (AUV) for a new Peruvian Navy Hydrographic & Oceanographic research vessel. The 97 meter BAP Carrasco’is built at Construcciones Navales P
Simrad’s new R3016 12U/6X IMO type-approved radar system aims to deliver a powerful solution in a compact package The newly launched Simrad R3016 12U/6X IMO SOLAS CAT 3 Radar System has been developed for the commercial shipping market, suited for use aboard CAT 3 SOLAS vessels
Pilots in the Port of Brisbane, one of Australia’s fastest growing container ports, are using the word “unmatched” when describing the performance of new navigational equipment from electronic navigation specialist Simrad, a brand within the Navico group
The new Simrad M5027 optically bonded HD monitor for the commercial marine market is a 27” marine monitor designed to meet the color calibration requirements of ECDIS systems and the size requirements of 320mm CAT1 radar systems.
Four new fast ferries, owned and managed by Manly Ferries and operating in the busy waters of Sydney Harbour, will use Simrad technology for safe navigation. The owner has specified a range of Simrad bridge equipment for its latest vessels, including an NSO Evo2 quad-core marine processor
Navico Holding AS (Navico) is to be Acquired by Goldman Sachs Merchant Banking Division and Altor Fund IV Navico – a provider of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands – announced that Goldman Sachs Merchant Banking Division
Nicolas Quéru has been appointed to lead Navico’s Commercial Marine Division worldwide to take forward the marine electronics group’s continuing strategy for growth. Quéru has been made EVP Managing Director with immediate effect following his promotion from Vice President
Radio Holland Malaysia (RHM) secured a contract from Destini Shipbuilding & Engineering for the supply of Navigation and Communication equipment on board of six New Generation Patrol Crafts (NGPC). The vessels are being built for the Malaysian Maritime Enforcement Agency (MMEA).