Srt Marine Systems Share Discussion Threads

[supernumerary] 04/1/2022 09:46

Spending a lot of money on that and military vessels. Let's hope they know what they're aiming at!

[piedro] 04/1/2022 09:34

Wow,

Philippines Raises Stakes With Purchase of BrahMos Anti-Ship Missile
PUBLISHED JAN 3, 2022 2:57 PM BY THE MARITIME EXECUTIVE>/font>

[alter ego] 01/1/2022 11:25

I'll echo that ee. Hope everyone here has a rewarding 2022.

[yumyum] 31/12/2021 12:06

Fingers crossed Techno. I bought a few more...was ready to buy more than 50k but seems market is pretty tight. So with news it might fly a bit.

[techno20] 31/12/2021 09:53

Let’s hope the start of 2022 sees the buses we’ve all been waiting for finally arrive. This year marks a decade since I first bought, which I’m hoping is a good omen. Thanks to all of the regular posters for keeping the thread going (and unlike most others civil!)and HNY to all.

[pinkfoot2] 23/12/2021 15:24

Good stuff but there is no appetite at government level to actually do anything about over fishing-look at Macron or China.Self interest is suffocating sensible policy.

I think security is a much better sector to target with monitoring fishing an offshoot

[supernumerary] 22/12/2021 19:42

lav - I don't think it means much either, but one can imagine a 'big data' system that ties together fish catches, reported landings, sustainable stock levels, import and export stats, historical data, etc etc to give a much better picture of what's happening over time, all cross-validated. How much of that's currently in scope for SRT I've no idea...

[pinkfoot2] 22/12/2021 18:44

But still no news on imminent contracts Lav.We find ourselves hanging about for Saudi to sign a contract-that’s right, we hang around waiting for Saudi to sign a contract

[lavalmy] 22/12/2021 16:46

That Economist article got a mention previously on here not too long ago - presumably repeated as now looking towards 2022. Zimring's comments didn't make sense to me then nor do they now.

What is 'on-board e-monitoring of catches using big data' apart from a contradictory collection of buzz-words? If you are monitoring the catch on-board, or counting the fish, where is the big data? Big data to me is the opposite, scanning reams of data points to highlight anomalies and not adding up lots of small, precise catch data.

Most big fishing vessels already are monitored via their national VMS systems. We all know that SRT has had a commercially viable system for scale monitoring available for some time.

The real positive here (for the fish that is) is the elimination of most of the subsidies. The bulk of the high seas fisheries is unviable without these.

[extrader] 22/12/2021 10:08

Today's Economist Espresso has an article on IUU fishing, arguing that

.."The world is waking up to the scourge of illegal fishing
Illegal, unreported and unregulated fishing boats are the new pirates...

..Just before the start of the year [2022] a deal to force countries to end most of the harmful subsidies to their fisheries will be reached at the World Trade Organisation (wto)...*

...Mark Zimring of The Nature Conservancy (tnc) highlights the convergence of advanced technology enabling better monitoring of fishing fleets, as retailers strive to keep iuu-caught fish out of their supply chains. The technology—from satellite imagery revealing “dark fleets” to onboard e-monitoring of catches using big data—will become commercially viable at scale in 2022, Mr Zimring predicts..."

Nothing new for holders and * pushed back by omicron .... but good to see the momentum gathering.

ATB

[pinkfoot2] 21/12/2021 16:55

The good news is Ramadan falls after the year end

[countryman5] 21/12/2021 14:20

Hjb still here? Are you well invested ahead of the RNS announcing the FIRST Saudi contract?

[baynet] 21/12/2021 09:28

hxxps://www.linkedin.com/company/srtmarine/

[lavalmy] 21/12/2021 09:25

I saw it on Linkedin.

[goodapple] 21/12/2021 09:17

Where do we find this latest video?

[lavalmy] 21/12/2021 09:12

'We're still not giving too much away but watch the video and hear how we're redefining the future through technological innovation, offering new levels of seamless integration, complete freedom on board and exciting commercial opportunities for OEMS.'

accompanies the most recent video about Nexus. They still think they are on to something that will redefine marine communications. Not a thing to brag about to your customers who know a lot more than us about the subject if it's not true.

[lavalmy] 19/12/2021 18:43

Cleaned your shorts then?

[homeboy] 19/12/2021 11:12

government agencies will have other priorities wrt the latest variant, contract signings will not be top of their list, the fallout over this variant has only just started, just over 3 months to the end of this f.y..it just aint gonna happen, good job they've ramped up that debt facility, they'll be eating through that

[homeboy] 19/12/2021 11:02

this'll go another half year without any contract signed, debt pile creeping up

bit of a disastrous business model i'd say

[pinkfoot2] 13/12/2021 23:59

What nonsense CM.We still await a contract yet you are taking over the world.The interim numbers and balance sheet are enough to give you a cold shower.

Let’s see some jam first

[countryman5] 13/12/2021 20:43

The first Saudi contract will raise The SRT profile with the IMO, in a substantial way. I am expecting the Saudi Border Guard to bang the drum. There are at least a dozen global defence players who will know all about SRT and their unique offering. I suspect that some of them(and also private equity players) will have approached Mr T about a possible takeover. I imagine that he just smiles and tells them that the major shareholders are not sellers. On the other hand, a highly priced hostile bid might grab 25% of the equity. This could be a good investment, even at a multiple of today’s price. It would also provide a springboard for another attempt at a later date. Long term shareholders have waited a long time for the jam to arrive. Now we can sit back and enjoy the fun.

[countryman5] 12/12/2021 19:22

It would appear that Saudi is waking up to its Maritime Domain Awareness. The only surprise is that it has taken so long. One can understand why countries don't want US, Israeli or Chinese systems. Everybody would know that a backdoor would be incorporated. I wonder if some of the Saudi delegation went to MSN this week? More likely the SRT team would have been invited to the Saudi Embassy. My guess is that they are already planning major bolt-ons to their initial project. Now that the Saudis see themselves as being top dogs in the IMO, they will want to impress the rest of the World with their all singing and dancing (SRT) technology. I am also expecting the signing of the initial contract to be a high publicity media event. Will we see a photo of Mr T shaking hands with MBS?
The Philippines President is due to stand down next year and he is known to be fond of all things to do with the sea. Hopefully the Coastguard (PCG) will soon be getting its own SRT system and he will claim that as one of his achievements at his farewell ceremony.
I know that LAV appears to have the ability to find out government budgets. I am hoping that Indonesia might soon identify a budget for its first system. They walked away from a system a few years ago but they must soon be ready to push the button. All of these Countries in the Far East and Africa are frightened of China stealing their fish.