An early Easter and inflation also contributes to a first quarter loss. Efficiencies are coming, such as a new tool for designing ship lighting that’s already in place.
It will illuminate the work platforms in what should be the largest operation off the U.S. coast, as well as two in the Taiwan Strait and one in South Korea.
After a first stop in Holland, the ruggedized Glamox fittings will carry on to Poland and Denmark before final installation off the coast of England in the Dogger Bank.
Interest rates and weak currency take a bite out of EBITDA. Meanwhile, Europe’s fluorescent ban is stimulating sales on land. Offshore orders remain strong, but implementations...
The Norwegian LED luminaire vendor is riding a wave of marine business. This time it will illuminate giant construction ships and seabed survey vessels.
Sweden’s Stena Line traverses northern Europe, where it is set to replace the mostly fluorescent lighting on up to 35 vessels with a possible 52,000 luminaires.