Veritas Petroleum Services (VPS) has acquired digital services company Yxney Maritime to offer sustainability solutions for shipping
This corporate purchase will bring marine fuel testing and data-driven decarbonisation under one umbrella for vessel operators.
VPS chief executive Malcolm Cooper said this acquisition is part of its strategy to support the maritime industry’s efforts to decarbonise and operate more sustainably.
“With the increased focus on sustainability, this acquisition of Yxney will help our maritime customers to better understand the impact that every operational activity has on greenhouse gas emissions, enabling improved efficiencies and reduced emissions,” said Mr Cooper.
It also expands VPS’s growing digital services offering, as Yxney’s advanced analytical software Maress provides vessel operators with insight useful for lowering emissions.
VPS will incorporate Yxney’s advanced data technologies in its portfolio to provide business and environmental value to customers, opening a bigger market for both VPS and Yxney, especially in the offshore sector where numerous vessel owners use Maress to reduce emissions from their fleets. DOF, Eidesvik, Island Offshore, Saipem, Solstad and Tidewater all use Maress.
“Together, and with complementary services, we are creating genuine sustainable transformation through data-driven change,” said Yxney Maritime chief executive Simen Sanna Gjord.
“The shared vision of VPS and Yxney – of creating a more sustainable world – will drive real, global change within the maritime sector,” he added.
Energy company Equinor aims to reduce its environmental footprint by encouraging the roll out of Yxney’s Maress software on offshore support vessels it charterers.
The state-run Norwegian group will collaborate with vessel owners and other technology suppliers to unlock significant fuel and emissions savings. Maress will track the footprint and efficiency of Equinor’s chartered fleet of platform supply vessels and anchor handlers.
This is part of Equinor’s ambition to halve its maritime emissions in Norway by 2030, compared with 2005 levels.
Riviera Maritime Media’s Maritime Air Pollution Virtual Forum comprises a series of roundtable discussions covering sustainable shipping, emissons reduction technologies and IMO future legislation - on 30 June 2021