Key deals

Hagglunds Drives has begun building customised power units for their hydraulic drive systems, particularly for marine applications.

Oil Spill Response Limited & East Asia Response Limited, the world’ s largest international oil spill response organisation, has been renamed Oil Spill Response.

The management team of International Safety Projects Ltd has completed a £ 4m buy-out of what they claim to be the world’ s largest manufacturer of inflatable marine lifejackets.

Washington USA based shipbroker Marcon International celebrated a record year by completing three deals on the final day of 2008.

The French port of Marseilles Fos has initiated a promotional partnership with eight inland ports serving its crucial north-south hinterland along the Rhone-Saone corridor.

More than £ 3,500 was raised before Christmas for the UK’ s Royal National Lifeboat Institution (RNLI) by Newcastle based marine rigging specialists Storrar Marine.