Marine Technology Reporter Blogs - ocean technology
$500,000 Investment Announced for NavSim Technology
The Government of Newfoundland and Labrador has announced a $500,000 investment in NavSim Technology Inc., a St. John’s-based software and hardware developer of electronic navigation solutions. The investment will support the company’s efforts to target growth opportunities in international markets for its navigational software which reduces the risk of collision or grounding for recreational boaters and major ship traffic. According to the company, NavSim currently has a greater than 90 per cent share of the Canadian piloting market for the safe and efficient navigational handling of marine traffic near land using buoys and other landmarks.
$1.3 Million Order for Rutter Inc.'s OIl Spill Detection and Management System
Rutter Technologies, a division of Rutter, Inc. of St. John’s, Newfoundland, Canada has secured a $1.3 million (US) order to provide its Oil Spill Detection and Management Systems to Marine Spill Response Corporation (MSRC). Delivery will begin immediately and is expected to be completed in April 2011. “This purchase by Marine Spill Response Corporation is intended to enhance offshore skimming capabilities during night-time operations as well as during times of decreased visibility,” said Rutter President and CEO Fraser Edison. Based in Herndon, Virginia, Marine Spill Response Corporation is an oil-spill response organization that owns and operates a fleet of dedicated oil spill response vessels…