Fuel testing agency Veritas Petroleum Services (VPS), owned by Fremman Capital, has acquired Emsys Maritime, a real-time emissions measurement company based in Manchester
VPS has laboratories in Rotterdam, Singapore, Houston and Fujairah and the company said the Emsys acquisition complements its growing digital decarbonisation offerings servicing a rapidly increasing demand from shipping customers.
Going forward, VPS will integrate real-time emissions monitoring into its existing portfolio of digital decarbonisation services, which currently includes Maress, NOxDigital, CORE and PortStats, within a single, unified platform.
VPS chief executive Malcolm Cooper said, “In Emsys Maritime, we have acquired a company with a strong technical capability and excellent reputation, helping us to deliver our ambition to be the leading service provider in fuel performance optimisation and emissions reduction. The addition of real-time emissions measurement data complements our existing marine fuel analysis data to provide a comprehensive understanding of greenhouse gas emissions in the maritime sector.”
Based in Manchester, Emsys Maritime manufacturers real-time, laser driven marine emissions measurement technology. The company has an overseas operating hub in South Korea, and its customer base includes leading shipyards and ship operators. Its unique technology is supported by a comprehensive digital data platform to provide insights into a vessel’s real-time environmental profile, allowing operators to maximise efficiency while maintaining regulatory compliance.
The company recently introduced the Emsys Analytics software platform to provide a comprehensive, real-world data stream to ship operators and charterers to help manage their ESG reporting requirements.
Emsys’ founder and managing director Simon Brown commented, “Emsys Maritime was established to provide the maritime industry with the most accurate and reliable emissions measurement tools to enable ship operators to manage their environmental and regulatory requirements and goals.”
“The acquisition by VPS allows Emsys Maritime to accelerate its already strong growth into new market areas and customer sectors. The integration of our real-time data into the VPS digital decarbonisation platform will create an industry-leading portal which will help the wider shipping community on it journey towards net zero.”
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