Nautilus Rigging has signed an international distribution agreement worth an estimated £1million -- just two months after launching its groundbreaking lifting hooks range at Offshore Europe 2009.
The Aberdeen-based company's new partnership is with Unirig Pty Ltd of Perth, Western Australia, which has placed an initial order for more than £177,000-worth of Nautilus Hooks™.
Nautilus managing director Bill Toon said, "Unirig immediately recognised the benefits our lifting hooks would offer their customers and moved quickly to formalize an exclusive territorial distribution agreement with us ahead of several other Australian companies.
"We are confident Unirig's initial order is just the first of many as our next-generation hooks set the new standard for lifting operations across industries and across the world, and we estimate this agreement alone is worth £1 million over two years.
"We are also already in discussions with potential distributors from a number of other countries, including the United States, China, Norway, Canada, New Zealand, and Italy."
The Nautilus Hooks range largely consigns to history the pinch and trap injuries associated with all traditional "latch-lock" lifting hooks in a unique design that puts safety first alongside ease of use and competitive pricing. The design -- the first major advance in more than 30 years -- was refined over three years and then field tested offshore in the North Sea in the spring, achieving an exceptional 89% approval rate from users.
All Nautilus Hooks -- for which international patents are pending -- are made of high-grade carbon alloy steel, are CE-certified and awaiting Det Norske Veritas (DNV) type approval. Mass production is now under way, with the full model range coming on line within the next few months.