Marine Mts News

Stonehaven-based marine technology company MarineMTS has struck an equity funding deal with SRH Marine SAIT (trading as SRH Marine Electronics). The deal will see the North-east business benefit from a multimillion dollar funding package, and through SRH Marine’s existing customer base, unlock access to approximately 15,000 vessels which could benefit from MarineMTS’ latest ‘Silverbox’ technology. The resultant trade could net the business in the region of $16 million in licensing…

Global maritime software solutions provider Nautisk has announced that it is working with MarineMTS to provide automatic ENC updates to vessels sailing with ECDIS. Marine MTS will provide both the hardware and the protocols needed to access the ECDIS with Nautisk providing the content and software. The new system will be available for the customer’s own ECDIS system and will harmonize with NaviPlanner, Nautisk’s new voyage planning software which will launch later this month at Norshipping. “Our products and services are truly unique, based on a solid foundation of testing and development. Nautisk has been supplying maritime charts and publications to the merchant marine since 1896, with a strong focus on the shipping market since its beginnings as the chart division of NHST.

Aberdeen-based MarineMTS has signed a supply and support deal with a Greek manufacturer of marine electronic equipment. The deal will see MarineMTS supplying software to Intermarine Electronics, which provides marine electronic equipment to a multi-million pound global market, and also to the Greek Naval Fleet. Intermarine will use Microplot 7, an exclusive product developed by MarineMTS, in its own-label ECDIS products (Electronic Chart Display and Information System). As well as providing the proprietary software product, the deal will see MarineMTS provide support and maintenance services to Intermarine over the next 10 years. The Microplot range of software is the product on which MarineMTS was founded, and to which the business owns all the rights.

Scottish company develops vital new level of accuracy for locating casualties at sea. The new iPIRB, launched by MarineMTS and Telemar UK Limited locates and identifies marine casualties fast so that every effort can be concentrated on rescue and saving life. The technology was showcased  (Friday 16 November) at a launch hosted by the Maritime Rescue Institute at Stonehaven, and attended by marine industry operators including Taqa Bratani, Shell, Nexen, Marathon and Total, as well as Grampian Police.

A Scottish company has launched onto the global shipping market the first comprehensive software product designed to combat the increasing problem of modern-day piracy at sea. •    The cost of piracy in 2011 is estimated at $7 billion / £4.46 billion (including increased security spend and ransom payments). •    The numbers of hostages and size of individual ransom demands also increased over the same period. Marine MTS, based in Aberdeen, has developed Sentinel, which tracks user vessels remotely. As well as helping the user plot a safe route through problem areas, the software will automatically alert emergency or military services should something unusual happen on board.