Maritime Safety Equipment News

After two years of slightly declining revenue, VIKING Life-Saving Equipment A/S is seeing growth once more, said the global market leader in maritime and offshore safety.In 2018, VIKING acquired the Norwegian manufacturer of lifeboats Norsafe AS. Adjusting for the costs of integrating this business and the impact on revenue in the last quarter of the year, the results show growth in both revenue and earnings.“We were able to deliver growth in activities and earnings in the original VIKING business, and we expect that the picture will remain the same for both areas of business in 2019," says CEO Henrik Uhd Christensen.Norsafe’s lifeboat…

Maritime safety equipment manufacturer and global service provider VIKING Life-Saving Equipment A/S has acquired Norsafe, the Norwegian boatbuilder whose lifeboats are used throughout the world. The parties have not disclosed the sales price, and closing is expected October 1, 2018.Established in 1903, Norsafe produces a full range of free-fall lifeboats and fast rescue boats with davits and have supplied over 28,000 lifeboats to the global ship market over the years. Its lifeboat…

Maritime safety equipment manufacturer and global servicing provider VIKING Life-Saving Equipment has signed with Rosenby Engineering to exclusively distribute the award-winning Danish startup’s HydroPen fire extinguishing system for container vessels.VIKING’s Product Management and New Building Director Jørgen Holm, sees the HydroPen System as a leap forward for protecting container vessels, their cargo and crew from one of modern shipping’s most hazardous situations.“Traditionally, container fires at heights above the reach of the crew have been fought indirectly by dowsing the burning container and its surroundings with water,” he explains, “It’s a drawn-out approach and does not address the fire in the container directly.

Maritime safety equipment and servicing provider VIKING Life-Saving Equipment is kicking off its presence at Sea Japan 2018 (April 11-13) with a boosted liferaft offering. On one hand is the company’s ability to supply VIKING S30 extended service interval SOLAS liferafts; on the other is a recent Japanese Government approval for VIKING to supply liferafts to Japanese flagged vessels and carry out final liferaft assembly in Japan. This is the first such approval awarded to a non-Japanese manufacturer…

The 2015 financial year saw VIKING Life-Saving Equipment A/S continue its unbroken, 12-year run of revenue and profit increases. Revenues were up nine percent at DKK 1.891 billion, while profits before tax also grew nine percent to reach DKK 200.5 million. The impressive results were achieved despite difficult market conditions, and CEO Henrik Uhd Christensen is predicting 2016 and 2017 to be even more challenging. “We performed well during 2015, and we’re aiming for continued growth in revenue and profits as our next strategic phase culminates in 2020,” he states. “That said, we’re operating in markets that have entered a decisive phase, particularly when it comes to the offshore and cargo segments. VIKING operates in three key market segments: Cargo, passenger and offshore.

With recent type approval of an 81-meter-high evacuation system, VIKING has answered the needs of offshore fixed and jack-up rigs to handle extreme heights. Leading maritime safety equipment and servicing manufacturer VIKING Life-Saving Equipment A/S has received type approval from Lloyd’s Register for its new offshore evacuation chute system, certified to operate at an unprecedented evacuation height of 81 meters to sea level. “The system’s certified evacuation capacity is 146 people in just 10 minutes, comfortably beating the threshold required by maritime authorities, even from such an extreme height,” says Kristian Ellertsen, Norway-based Offshore Technical Manager for the company.

VIKING Life-Saving Equipment A/S has acquired a part of Australia-based Wiltrading Pty Ltd.’s maritime safety equipment activities effective 1 September. The move strengthens VIKING’s offering in Australasia, adding 4 locations to the company’s global network of wholly-owned servicing stations as well as several products and services, bringing new advantages for shipowners and offshore operators in the region. A subsidiary of Wilh. Wilhelmsen Investments (WWI), Wiltrading offers integrated activities in marine safety, fire fighting and protection, equipment and servicing, serving the offshore, oil and gas, shipping, military and cruise industries. The company is an authorised representative and service partner for a wide variety of maritime and offshore equipment producers.

Marine and fire safety equipment and servicing provider VIKING Life-Saving Equipment A/S announced the acquisition of Nadiro A/S, a company owned by maritime and energy conglomerate Maersk Group and SH Group. Established in 2009, Svendborg, Denmark-based Nadiro manufactures lifeboat and rescue craft systems, developing and promoting its Drop-in-Ball technology to help ensure crew safety. VIKING has had the status of Preferred Distributor and Service Provider, supplying the company’s…

Leading marine and fire safety equipment and servicing provider VIKING Life-Saving Equipment A/S has today announced the acquisition of Nadiro A/S, a company owned by maritime and energy conglomerate Maersk Group and SH Group. Established in 2009, Svendborg, Denmark-based Nadiro manufactures high-quality lifeboat and rescue craft systems, developing and promoting its Drop-in-BallTM technology to help ensure crew safety. VIKING has had the status of Preferred Distributor and Service Provider, supplying the company’s LRRSs (lifeboat release and retrieval systems) to enable the world’s shipowners to comply with new SOLAS regulations by or before 2019. Hook retrofitting is necessary to prevent serious accidents resulting from unsafe lifeboat deployment systems.

On 4 and 5 December, EUCAP Nestor Head of Mission, Etienne de Poncins, visited EUCAP Nestor’s Country Office in the Seychelles. During his visit, he met several high officials to discuss the way ahead for the exemplary and successful cooperation between the Seychelles and the Mission. He also took part in the closing ceremony for the 2nd Basic Training Course for the Seychelles Coast Guard (SCG) and officially handed over Maritime Safety equipment to the Seychelles Coast Guard as well as IT equipment to the Seychelles Air Force. During his visit to the Seychelles, De Poncins met with top officials; Minister for Home Affairs and Transport Mr. Joel Morgan, Chief of Defense Forces Brigadier Payet, Ambassador Loustau-Lalanne Principal Secretary of Foreign Affairs, Attorney General Mr.

Bootle-based maritime firm International Safety Products (ISP) is set to become one of the world’s only major suppliers of a new rescue boat. The Liverpool City Region business - which is one of the largest manufacturers of inflatable marine lifejackets - supplies a range of maritime safety equipment. ISP commercial director Geoff Billington said the Duarry 420RB Rescue Boat is an important addition to the portfolio, and the firm will be targeting key markets with the product, especially the commercial marine sector - including offshore businesses.

In the past few weeks, Harding, an international supplier of maritime safety equipment, has signed three framework agreements with Statoil, Petrobras and A.P. Møller Mærsk. "This shows that our global strategy of being a complete supplier of both equipment and services was the right strategy for the company," said Styrk Bekkenes, CEO of Harding. Statoil is Harding's biggest client on the Norwegian continental shelf, with over 120 lifeboat systems in operation. Statoil has entered a five-year framework agreement with Harding for the delivery of new lifeboat systems…

VIKING Life-Saving Equipment A/S announced its 2013 financial results, reporting growth in both turnover and profits for 10 straight years. Adjusted for falls in the U.S. dollar exchange rate, currencies pegged to the dollar, and European member state non-euro currencies, the company’s turnover for 2013 increased 6 percent to DKK 1.612 billion, VIKING said. Profit before tax grew more than 20 percent to a record DKK 141.2 million. “Our earnings have now reached an appropriate level for a healthy manufacturing company,” says VIKING CEO Henrik Uhd Christensen.

Maritime safety equipment innovator, Martek Marine, has released a MED-certified portable gas detector that can be easily and safely recalibrated onboard, providing tamperproof certification to meet the many regulations governing detector calibration. The Paris and Tokyo MOUs and oil major criteria require calibration records to be kept for all fixed and portable gas detectors onboard. Martek’s Marine 4 is supplied with a self-certification/calibration station which provides the user with fail-safe automatic bump testing and calibration.

NBGI Private Equity, investor in Aberdeen-based ATR Group, is acquiring the Aberdeen and Norway operations of Cosalt Offshore. The deal, due to complete later today, will reportedly stabilie the Cosalt business which has been through a difficult period in recent years, safeguard jobs and provide funding to capitalize on international growth opportunities. ATR chief executive, Keith Moorhouse, will lead the enlarged group. He said, “This deal will be welcomed by Cosalt’s staff, customers and suppliers as an end to a period of uncertainty. Cosalt has an excellent technical and operational reputation and is an integral part of the supply chain of many of the energy sector’s leading oil service companies and operators.