Business
IUU Detection Agreement with Ecuador
IUU Detection Agreement with Ecuador.
About this update from Srt Marine Systems Plc
[{"type":"text","content":"\n \nRNS Number : 6545T SRT Marine Systems PLC 05 July 2018 \n\nSRT MARINE SYSTEMS PLC\n(AIM: SRT)\n(\"SRT\" or the \"Company\")\n \nSRT SIGNS IUU DETECTION AGREEMENT WITH ECUADOR \nSRT 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. \nThe 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. \nSimon Tucker, CEO of SRT Marine Systems, commented:\n\"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.\" \nFor further information, please contact:\n\n\n\n\n\n\nSRT Marine Systems plc\n\n\nwww.srt-marine.com \n+ 44 (0) 1761 409500\n \n\n\n\n\nSimon Tucker (CEO)\n\n\[email protected]\n\n\n\n\nLouise Coates (Marketing Manager)\n\n\[email protected]\n \n\n\n\n\nfinnCap Ltd\n\n\n \n\n\n\n\nJonny Franklin-Adams / Anthony Adams (Corporate Finance)\n\n\n+44 (0) 20 7220 0500\n\n\n\n\nTim Redfern / Richard Chambers (Corporate Broking)\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n\n \n \n \n \n\n\n\nAbout SRT Marine Systems plc:\nSRT 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 authoriti...