SRT Marine Systems PLC IUU Detection Agreement with Ecuador (6545T)
July 05 2018 - 1:00AM
UK Regulatory
TIDMSRT
RNS Number : 6545T
SRT Marine Systems PLC
05 July 2018
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
SRT SIGNS IUU DETECTION AGREEMENT WITH ECUADOR
SRT Marine Systems plc ('SRT'), a global provider of maritime
management and surveillance systems and the leader in Automatic
Identification System (AIS) transceiver technology and product
solutions, announces that it has entered an agreement with the
Government of Ecuador to supply an IUUF (Illegal, Unreported,
Unlicensed, Fishing) detection system.
The agreement requires SRT to supply and install its GeoVS
display and analytics system in Ecuador and a feed of customised
satellite monitoring data over a three-year period for the specific
purpose of detecting illegal fishing activities by foreign vessels
in and around Ecuador EEZ.
Simon Tucker, CEO of SRT Marine Systems, commented:
"We are delighted to have entered this initial Agreement with
Ecuador. The advanced data fusion and analytics capabilities of our
GeoVS system will enable our customer to quickly and accurately
identify illegal fishing and other maritime activities and take
appropriate action. The proven functionality and reliability,
combined with the sophisticated analytics and future scalability of
our systems were key factors in the customer's decision. We look
forward to developing this relationship further in the future which
may include expansion to include coverage of the local fishing
fleet."
For further information, please contact:
SRT Marine Systems plc www.srt-marine.com
+ 44 (0) 1761 409500
Simon Tucker (CEO) simon.tucker@srt-marine.com
Louise Coates (Marketing Manager) louise.coates@srt-marine.com
finnCap Ltd
Jonny Franklin-Adams / Anthony Adams (Corporate
Finance) +44 (0) 20 7220 0500
Tim Redfern / Richard Chambers (Corporate
Broking)
About SRT Marine Systems plc:
SRT develops, manufactures and supplies maritime vessel tracking
technology and turn-key system solutions to marine stakeholders
across the globe with a particular expertise in AIS. The Company's
products and solutions are used by individual vessel owners, port
authorities, maritime infrastructure owners, coast guards and
national security agencies to enhance their maritime domain
awareness. Applications include the tracking of commercial and
leisure vessels; sustainable fishery; anti-collision; search and
rescue; waterway management, port and coast security; pollution
management; and environmental management.
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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