December 18, 2012      

A buyer is being sought for CSIP, Ltd. since it entered administration. Mike Fortune and Carl Faulds of Portland Business & Financial Solutions Ltd were appointed joint administrators of CSIP Ltd on December 5, 2012. The business is a UK subsidiary of French company ECA and designs and manufacturers remote controlled systems for hostile environments. This includes underwater vehicles, robotic land systems and manipulator arms. In a statement to Insider, Fortune said: “We are currently trading the business to complete outstanding orders while looking for a buyer for the business.” “Interest has been shown in purchasing the business and assets and we hope to achieve a sale over the next few weeks.” About CSIP: CSIP has, over the last 18 months, introduced a range of electric remote-controlled manipulator arms for use underwater. The products are designed and built at the company?s premises in Weymouth, Dorset. The range comprises three different sizes of five-function manipulators, the ARM5E Standard, the ARM5E Mini and the ARM5E Micro, which are designed to be fitted on various classes of remotely operated vehicles, from lightweight inspection to light-work class. The company is currently finalizing the design of a full ocean-depth seven-function manipulator. A much more complex configuration than the five-function configuration, this has required highly complicated mechanical engineering methodology and a new and extremely sophisticated control software suite. Applications for these products are many and varied. Electric manipulators are now in service with remotely operated vehicle operators in the oil and gas industry, with various academic research groups primarily developing autonomous underwater vehicles for intervention purposes with oceanographic institutes and on some specialized military programs. CSIP has also recently introduced a vessel hull-cleaning system designed to be mounted on the ECA Roving Bat Underwater Vehicle. The Roving Bat is a unique hybrid remotely operated vehicle which can both swim like a standard vehicle and attach itself to the hull of a vessel using powerful thrusters, then crawl along the hull using a pair of motorized tracks. Onboard cameras allow a visual inspection of the hull. The CSIP cleaning system mounts onto the underside of the vehicle and comprises a spinning array of specially designed nozzles through which high-pressure water is pumped. The special design contours of the nozzles create a cavitation effect which removes biological growth from the hull without significantly affecting the anti-fouling paint coating. Extensive trials of the system have shown it to be a safe and fast method of cleaning a hull when compared to using divers. To complete the Roving Bat system, CSIP is starting the development of an ultrasonic measuring array to be fitted underneath the vehicle. This will be used to verify the structural integrity of a vessel and provide a full-coverage check for corrosion and pitting both on the inside and outside of the hull at the same time.