BMT Announces Management Buy-Out of Dutch Subsidiary

Posted by Michelle Howard!!!

BMT Group (BMT) has announced that the Dutch subsidiary of BMT Ship & Coastal Dynamics Ltd will now operate independently as Aktis Hydraulics BV, following a successful management buy-out. The team at Aktis will continue to work closely with BMT providing a number of specialized services.
David Hurdle, Managing Director of Aktis Hydraulics BV comments: "Operating as an independent company is a very exciting opportunity for us and gives us the flexibility that we need as a niche player, while maintaining good relations with BMT. The new company is owned by the technical experts working for it. We will continue to deliver expertise to our clients in the areas of: local winds, coastal wave conditions, ship response, channel depth, mooring design and the interaction of pipelines and other structures with the seabed. We are also looking forward to continued innovation and product development. In summary, our passion for our profession and delivering high quality services to our clients remains unchanged."
Dr Phil Thompson, Managing Director of BMT Ship & Coastal Dynamics Ltd, says: "The synergies between BMT Ship & Coastal Dynamics Ltd and Aktis Hydraulics Bv remain strong and we will continue to work together, leveraging the niche skills from both companies to support maritime engineering projects. BMT Ship & Coastal Dynamics Ltd will continue to develop its services and products in the commercial shipping, floating O&G, ports and legal sector. This includes its world-renowned REMBRANDT navigation simulator and SARIS search and rescue system, both of which are well respected and extensively adopted across the industry."
(Photo: CMA CGM)

CMA CGM among the Top Companies for Trainees

French based CMA CGM Group is one of the world’s largest maritime transport firms. It is also a top company for trainees, a recent survey found. After ranking 11th last year

Tristan Greaney and Sir Alan Massey (Photo: MCA)

MCA Officer Trainee of the Year Honored

A trainee marine engineering officer says he’s received a massive boost in confidence after being awarded the Maritime & Coastguard Agency’s Officer Trainee of the Year award.

Photo: Hyundai Heavy Industries

Hyundai Heavy Signed $400 Million Order to Build 5 VLOCs

South Korea’s Hyundai Heavy Industries (HHI) has clinched a deal worth approximately US$400 million to build five very large ore carriers(VLOCs) from Seoul-based shipper Polaris

Photo: Suez Canal Authority

Suez Canal Revenues Fall

Suez Canal revenues fell 2.2% month-on-month in September 2017, according to official data. Revenues amounted to $459.8 million in September 2017, versus $470.

Odfjell Divests Share in Singapore Tank Terminal

Odfjell Terminals B.V. has entered into an agreement with a fund managed by Macquarie Infrastructure and Real Assets to sell its 50 percent ownership in Oiltanking Odfjell