Survival Craft Inspectorate announces acquisition and expansion in North AmericaCompany News // February 24, 2012
Survival Craft Inspectorate, the provider of emergency marine evacuation systems, has acquired an industry-leading innovation widely used in the cruise ship industry and announced plans to open two new offices in North America.
The energy sector specialist expects these latest developments to add £10 million (US$15.8 million) to its turnover in the next three years.
The opening of new offices in Fort Lauderdale in the United States and St John’s in Canada will create 10 jobs.
Survival Craft Inspectorate has 90 staff based in Aberdeen, with a further 50 at offices in Great Yarmouth, Malaysia, Singapore, Western Australia, Norway and Houston in the United States.
Its acquisition of the RocLoc trade and assets, from St John’s-based Mad Rock Marine Solutions Inc, now gives the company enhanced access to the multi-million pound cruise ship safety market.
Survival Craft Inspectorate has more than 20 years' experience in the manufacture, inspection, testing and servicing of lifeboats, fast rescue craft, release mechanisms, winches and davits to international standards.
The patent-protected RocLoc hook system, combined with Survival Craft Inspectorate’s Safelaunch lifeboat release system – an industry leader in the global oil and gas and merchant shipping sectors – strengthens the company’s place in the market ahead of new safety regulations coming into force in 2014.
Survival Craft Inspectorate (Canada) Inc is to be based at St John’s, Newfoundland and will service clients in the Canadian market, including the recent contract win with Survival Systems Training Nova Scotia.