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Cadden Targets Exports


CaddenlogoCadden, specializing in electronic measuring systems for geopositioning and oceanography, is entering a new growth phase. The Nantes-based small business wants to earn 20% of its sales internationally within 2 years. To achieve this goal, a new “export” sales representative has joined the team.

2011, a pivotal year

Until 2011, Cadden’s business outside France primarily involved leasing echosounders and sonars to the overseas territories. In 2011, the 22% jump in sales over 2010 was mainly due to an increase in exports, which grew six-fold. This strong growth is the result of two product lines and services:

  • The Geod range, a series of smart GPS antennas designed by Cadden’s R&D team, launched in mid-2010. Supported by OSEO Innovation, the in-house development of these products also enabled the company to obtain a research tax credit, reducing its investment. This year, the company secured several contracts for these antennas with African countries (Congo, Mauritania, Angola), and a major trade agreement was recently signed with global leader Fugro.
  • The "Integrated Hydro Pack," a turn-key solution for equipping survey vessels. Initiated for the DEAL in La Reunion in March 2011, this innovative approach responds to a clearly identified need expressed by shipyards worldwide.

Four new employees

These results are the first fruits of the international development strategy implemented by Photo_G_Dandec_F_ClementGilles Dandec, director of the company(to the left). Cadden has also enlisted the services of Coface, which has provided effective support in obtaining co-financing for export insurance and hiring a dedicated sales representative.

Frédérick Clément (to the right), an experienced professional in the offshore sector, joined the company in mid October 2011 to develop international sales. The activities of technical support, development and marketing support have also been strengthened, with the arrival of three new employees during the last quarter.

A target of 20% of sales from exports

In twelve years, Cadden has become a major player in the integration and distribution of high-tech solutions on the French hydrography market. While continuing to pursue growth in France, the company's objective is to earn 20% of its sales in Europe and Africa by June 2013.

In the longer term, Cadden plans to increase its exports by creating a dealer network to sell Cadden branded products and integration services.


Cadden provides high-tech electronic measurement solutions for positioning, orientation and navigation. As both an integrator and distributor of leading brands, the company offers a range of products and services for hydrography, oceanography, trajectory/guidance and GIS (geographic information systems). The catalogue covers a broad spectrum of specialized sensors for high-tech measurement applications, including GPS receivers, attitude control systems, inertial measurement units, acoustic positioning systems, single and multi-beam echosounders and sonars.

Its agility and the quality of its services have earned it the trust of big names in energy, industry, science and research, and actors such as territorial authorities and large seaports.

Based in Nantes since it was founded in July 1999, Cadden earned 3.3 million euros in revenue in 2011, with a staff of ten people.

 

Foster Wheeler Awarded Contract for an LNG Receiving Terminal in India

Foster Wheeler AG (Nasdaq: FWLT) has announced that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for a new LNG receiving terminal to be built in Ennore, in the state of Tamil Nadu, India. The contract was awarded by India’s national oil company, Indian Oil Corporation Limited (IOCL).

The Foster Wheeler contract value for this project was not disclosed and will be included in the company’s fourth-quarter 2011 bookings.

Foster Wheeler’s scope of work includes basic design, front-end engineering design, and the preparation of capital and operating cost estimates for the new LNG import, storage and regasification terminal, which will be designed to process five million tonnes per annum of LNG. Foster Wheeler’s scope also includes marine studies to enable IOCL to finalize the jetty location, utilities, and regasified LNG send-out facilities. The LNG terminal facilities are planned for completion by 2015-16.


This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements. More information about the risks and uncertainties relating to the company’s forward-looking statements is found in the company’s SEC filings.

Rockland Scientific Hires New Director of Business Development

Rockland Scientific Inc (RSI) continues its growth with the hire of Jeremy Hancyk asrocklandscientificDirector of Business Development. The position was created in response to RSI's continued growth in product line, applications and demand for marine turbulence instrumentation in new geographic markets.

Jeremy brings to RSI his extensive experience in providing monitoring solutions for various oceanographic and limnological applications. His understanding of RSI's core markets, combined with his business acumen, will benefit both RSI and its customers worldwide.

Jeremy's responsibilities at RSI include the coordination of sales and marketing activities at RSI, in particular the expansion of RSI sales activities into South America. In addition, Jeremy will introduce new and innovative turbulence measurement equipment designed for the ocean energy sector and for inland water monitoring.

Jeremy is a British Columbia native, a graduate of the University of Northern British Columbia and has worked previously at AXYS Technologies Inc. When not working at RSI or studying, Jeremy can be found at the ski hill, boxing gym and ice hockey rink, or playing his guitar.


About Rockland Scientific Inc.:

Rockland Scientific Inc., located in Victoria, British Columbia, Canada, provides sensors and instrument systems for ocean turbulence measurements. The instruments are either ship-deployed profilers, moored systems, or deployed from autonomous gliders, floats, or AUVs. RSI measurement systems are used worldwide in a multitude of disciplines, such as Climate Research, Renewable Ocean Energy, Coastal Management and Erosion Studies, and Fisheries Research.

 

Veripos Senior Manager Appointment

Aberdeen-based Veripos, leading suppliers of GNSS positioning services to the worldveriposoffshore industry, hasappointed Richard Turner as Global Business Development Manager responsible for continuing development of its worldwide operations, including acquisition of new business as well as commercial and contractual negotiations. Reporting to Managing Director Walter Steedman, his brief also includes sales strategy formulation, market research and analysis, brand management and promotional activities.

Holder of an Open University Business School MBA following a seven-year military career as a Royal Marines Commando and a surveyor within the Royal Navy’s Hydrographic Branch, Mr Turner joins Veripos from Fugro Data Solutions in North Wales with whom he was Head of Commercial Operations. Earlier commercial posts included those with Racal Survey, Thales Geosolutions and as Navigation Manager for Fugro’s Houston office.

Strength in Depth, Unique Maritime Group’s New Vision

Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, sets “Strength in Depth” as its new regional and international vision during a media round table, held at UMG’s head offices in Hamriyah Free Zone in Sharjah.

The international presence of the group combined with its global expertise, gives UMG the edge to provide tailor made and innovative solutions for its customers. The nature of UMG’s engineers, their creative capabilities, along with the financial stability of the group, allow the company to fulfil its clients’ requirements, while having the willingness to take risks in challenging projects and provide bespoke solutions based on their requirements.

The group’s head office has recently significantly expanded its building infrastructure to enable current and future operating requirement, representing a total investment of around AED4.5 million. The greater work area consisting of office space, warehouses and shaded work zones, facilitates larger volumes of work with a clear segregation and control over various activities, resulting in improved quality of the products assembled by UMG.

“It takes a unique company to provide in-depth support, offshore and onshore, above waterIan-Huggins-General-Manage and below water. Every facet and aspect of UMG is a testament to excellence, all stemming from our philosophy of “Strength in Depth”, strength in performance and depth of capabilities across a full range of services. We are proud that the group continues to expand its services, capabilities and geographical infrastructure to better support the success of our customers”, said Ian Huggins, General Manager of Unique Systems FZE.

Ian Huggins, General Manager, Unique Maritime FZE

 

UMG provides its international customer base with one of the largest range of rental pool in the world, to ensure that state-of-the-art solutions are readily available to clients to support varied applications like geophysical, hydrographical, surveys, surface and underwater positioning and subsea inspection.“UMG has built up a solid reputation for quality, innovation, service and speed of customer service, and we are continuously striving to improve product and services enhancement via organic growth and strategic acquisitions, and physical expansion,” continued Huggins

Commenting on the re-launch, Harry Gandhi, CEO of Unique maritime Group said, “We will develop Unique Maritime Group to be the most successful subsea and offshore company recognized worldwide for technical excellence, innovation and quality service”.

The Group’s operations are spread across 7 global regions in the Middle East, USA, UK, South Africa, India, Russia and Singapore, all well positioned to manage all project requirements and a fast growing international customer base.

 

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