General – acquisition
AqualisBraemar has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group.
“Combining OSD-IMT’s wide track record with AqualisBraemar LOC Group’s own expertise in specialist ship design, marine consultancy and marine operations creates an end-to-end capability that allows us to support our clients throughout the lifecycle of their projects, from advisory through design to decommissioning,” says Jake Anderson, Group MD for Engineering Services at ABL Group and Managing Director of Longitude Engineering.
“Longitude’s legacy is rooted in naval architecture and structural engineering for marine asset design and conversion. The combination with a leader in the field such as OSD-IMT, will ensure we remain highly specialised and at the cutting edge of innovation at a time when the spotlight is on decarbonisation of the #maritime industry,” adds Jake Anderson.
This acquisition verifies the group’s commitment to drive the energy transition across all our market sectors. An example being that vessels are an indisputable and vital part of the value chain across the complete lifecycle of an offshore project or asset. Their carbon footprint impacts the sustainability of all projects no matter the sector. Furthermore, innovating ship design solutions is more important than ever when you consider the huge demand for construction vessels in emerging markets for offshore wind.