News

Milford Haven: Port sells off shares in Danish firm Marimatech

Published

9 years ago

December 16, 2015

THE PORT OF MILFORD HAVEN has this week (Dec 16) announced that it has concluded an agreement to sell its investment in Marimatech as part of a sale of the whole of the Marimatech business to Trelleborg Offshore and Construction.

Alec Don, Chief Executive of the Port of Milford Haven, said “Marimatech has been a profitable investment for the port. More importantly Marimatech’s new world-beating Safepilot navigation software is now an integral part of our operation, making a major contribution to safe navigation within the port.”

When the Port bought just over a third share in Marimatech in 2012, it said the firm had a significant share in the world’s largest supplier of hi-tech maritime laser docking systems.

The Danish began manufacturing laser docking technology in 1988, entered into administration after experiencing some financial difficulties before the Port invested.

The Port’s director of corporate affairs, Mark Andrews, said at the time that it had been a satisfied customer of Marimatech for almost 10 years, and the company’s products continued to play a major role in the safe management of the Waterway.

“Marimatech’s technology is second to none,” he explained. “So once we became aware of the company’s financial position, it seemed in everyone’s interests to reach an agreement with the three other investors, and the bank, to purchase a share of a restructured and, with the new equity injection, a significantly stronger business.

“The business has a firm order book for the next 12 months and we are confident that the new management team will grow the business over the next three years.”

Pilots at Milford Haven Port use the latest version of Marimatech’s ‘E-sea Fix’ system – a highly accurate position fixing system which pilots carry aboard ships. Mr Andrews added: “The system gives the pilot a highly accurate picture of a vessel’s position, completely independent of its own equipment, and is of significant value when manoeuvring large ships.”

Marimatech A/S was set up by Erik Brinch Nielsen in 1988. In 2012 it was confirmed that the other owners of Marimatech were: investor Niels Jørgen Vase, who has more than 30 years’ experience in marine survey technology, engineering and software development businesses; Tommy Guldhammer Mikkelsen, Marimatech’s development manager with over 15 years’ experience in the sector; and Britt Degn Nielsen, Marimatech’s chief financial officer.

Crime

Mother admits to killing seven-year-old son in Haverfordwest

Published

39 mins ago

November 22, 2024

Luke Sinclair

A mother has admitted to the manslaughter of her seven-year-old son at their home in Haverfordwest, citing diminished responsibility.

Papaipit Linse, 43, appeared at Swansea Crown Court on Friday (Nov 22), where she denied murder but pleaded guilty to manslaughter in connection with the death of her son, Louis Linse. Prosecutor Caroline Rees KC confirmed the manslaughter plea would be accepted, stating it “did not come as a surprise” to the prosecution.

The incident occurred on 10 January when police were called to a property on Upper Market Street. Louis was rushed to Withybush General Hospital but tragically died shortly afterwards.

During the hearing, Linse, who spoke only to confirm her name and enter her pleas, was informed that she would be sentenced on 13 December. Judge Paul Thomas KC described the case as “clearly a very sensitive as well as a very tragic case.”

The court was told that Linse is currently receiving treatment at the Caswell Clinic, a mental health facility in Bridgend. Psychiatric evidence is expected to be presented during the sentencing hearing to provide further insight into the circumstances surrounding the case.

Community

Council warns of icy conditions as temperatures drop

Published

14 hours ago

November 21, 2024

Tom Sinclair

ROAD users in Pembrokeshire are being urged to exercise caution tonight as temperatures are forecast to dip below freezing.

Pembrokeshire County Council has announced that road surface temperatures could reach as low as -2°C, with the possibility of sleet or snow on higher ground. In response, precautionary salting of the county’s primary routes will be carried out this evening and overnight.

A spokesperson for the council said: “Road users are advised to take care if travelling on untreated roads.”

Motorists are reminded to plan ahead and drive carefully, particularly in areas that may not have been treated.

Stay tuned to The Herald for updates on road conditions and weather warnings.

Community

Stallholders wanted for Milford Haven Christmas Market

Published

14 hours ago

November 21, 2024

Tom Sinclair

MILFORD HAVEN BUSINESS CIRCLE is calling for stallholders to join the town’s festive Christmas Market, set to bring holiday cheer on Friday, December 6, and Saturday, December 7, 2024.

The market will take place at the Lower Charles Street Car Park, promising a vibrant mix of stalls and attractions. Organizers are seeking a variety of vendors, including those offering gifts, children’s toys and games, food, cakes, flowers, and more.

There’s also an open invitation for someone with small children’s rides to add to the festive fun. A highlight of the event will be the Grinch’s Grotto, offering an entertaining twist to this year’s celebrations.

If you’re interested in having a stall, contact the Milford Haven Business Circle via email at [email protected] for more information.