Trelleborg Acquires Signum Technology
Trelleborg has acquired Signum Technology Ltd. The acquisition of Signum and its subsidiary companies Gall Thomson, KLAW LNG, KLAW Products, and Vee Bee Filtration., provides safety-critical solutions for flow control applications, including Marine Breakaway Couplings (MBCs) and safety solutions for LNG transfer systems.The move is part of Trelleborg’s strategy to strengthen its position as a system provider in oil and gas market segments, such as ship-to-ship and ship-to-shore LNG transfer.Signum Technology is headquartered in Wiltshire…
GMG Acquires Fugro’s Trenching, Cable Laying Business
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year secured vendor loan of $ 7.5 million. Fugro said it will realize a gain on this transaction, valued at approximately $73 million. GMG is a supplier of subsea cable installation and maintenance services in the telecoms, offshore renewables, power and oil and gas market segments. The…
Intellian Introduces v60G Marine VSAT Systems
Intellian has announced a new addition to its range of VSAT communications antennas, the v60G. Designed for recreational, smaller commercial and oil and gas vessels, or for use in space-constrained installations, the v60G, a powerful redesign of the popular v60, provides exceptional performance, enhanced remote monitoring and control, reduced cabling, and unlimited azimuth. The new v60G provides seamless, uninterrupted broadband connectivity for worldwide on-demand communications, is compatible with a comprehensive list of service providers and ensures professional mariners and yacht owners reliable, unlimited connectivity at sea. The three-axis v60G has unlimited azimuth, eliminating cable wrap and the lengthy loss of signal connection as the system unwinds.
