People & Company News

Mackay Marine to Rep Raytheon Anschütz in South Africa

Mackay Marine said it finalized the agreement with Raytheon Anschütz GmbH, establishing Mackay Marine South Africa (Pty) Ltd. as a Raytheon Anschütz Sales and Service Distribution Partner.Although Mackay Marine South Africa is Mackay’s newest global branch (opened in September 2020),
Satellite Data Company Spire to Go Public in Latest SPAC Space Deal

Satellite data company Spire Global Inc said on Monday it has agreed to go public through a merger with blank-check acquisition firm NavSight Holdings Inc at a $1.6 billion valuation.It is the latest example of a special purpose acquisition company (SPAC) merging with a company in the space industry,
Nautel Expands Maritime Offering with Kenta Acquisition

Canada-headquartered Nautel announced Wednesday that it has acquired France-based technology company Kenta, expanding Nautel’s offerings to customers in the maritime sector.Kenta was established in 1990 and has gained extensive experience in the development of Radio Frequency Communication Systems,
Navico Hires Norton as Chief Sustainability Officer

Navico, parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands, said it has hired Tara Norton as its first-ever Chief Sustainability Officer, as the company has made sustainability one of its core strategic pillars globally across its brands, products, operations and production. Norton
Inmarsat Milestones: 10k Ships with Fleet Express Installed, 'Fleet Data Academy' Launched

Ship data consumption is booming, and as digitalization and data trends increasingly drive the maritime world, Inmarsat celebrated a pair of milestones, hitting the 10,000 vessel mark on Fleet Xpress installations and launching its "Fleet Data Academy."Traffic DoublesAccording to Inmarsat, the growth
Daniamant Acquires Alcares

Danish-based marine electronics company Daniamant said it has acquired the Danish-based company Alcares’ complete portfolio of products, assets and activities. Alcares specializes in the design, development and manufacture of survivor location lights.The acquisition of Alcares’ assets and
LR to Acquire C-MAP Commercial from Navico

Lloyd's Register (LR) said it has reached a deal to acquire Navico Group’s C-MAP commercial marine business, a provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software. Financial terms were not disclosed.
Rolls-Royce Acquires Ship Control Systems Supplier Servowatch

Rolls-Royce has acquired Servowatch Systems, a UK-based international supplier of integrated marine automation solutions for navies, commercial vessels and large yachts.Representatives of Rolls-Royce's Power Systems business unit and the company’s previous owner, the Indian engineering, procurement and construction projects,
Vard Electro Canada Expands Into USA

Marine electrical systems provider Vard Electro Canada’s said it is setting up new operations in Houston to serve the North American maritime industry. Vard Electro US Inc. will offer the same marine electrical engineering, procurement solutions, and vessel system integration as Vard Electro, a subsidiary
MarineTraffic Extends Partnership with ORBCOMM

Ship tracking and maritime information service MarineTraffic has extended its contract through the end of 2023 for ORBCOMM’s satellite Automatic Identification System (AIS) data.MarineTraffic, which has been an ORBCOMM partner since 2013, uses ORBCOMM’s satellite AIS data to track real-time and historical