ClassNK Acquires Maritime Software House NAPA

MarineLink.com
Tuesday, March 18, 2014
Tetsuya Kinoshita, Executive Vice President, ClassNK (Top left), Yasushi Nakamura, Representative Director, Executive Vice President, ClassNK (Bottom left) Juha Heikinheimo, President, NAPA Group (Top right) and Markku Riipinen, Chairman of the Board, Napa Ltd (Bottom right).

Classification society ClassNK agreed to acquire maritime software house NAPA in a deal that the classification society said aims to improve safety and performance for the whole maritime industry.

According to ClassNK, the acquisition will enhance the success and capabilities of both organizations. For ClassNK, which has worked with NAPA for nearly 10 years, the deal is a chance to expand and improve the wide range of services it offers to shipowners and shipyards, whilst also providing NAPA with the support to accelerate expansion of existing operations and access new markets.

ClassNK, which provides safety and certification services for more than 8,500 vessels representing more than 20% of the world’s merchant fleet, and NAPA, whose software is utilized by shipyards designing over 90 percent of the world’s newbuilds and by major ship owners, said the deal was a reflection of the growing importance of software technology in improving ship design and operational efficiency.

Yasushi Nakamura, ClassNK Executive Vice President, commented, “For both shipyards and shipowners, safety and performance have never been more important. Over the many years we have worked with NAPA, we have seen firsthand the incredible benefits that ship designers and operators can achieve with innovative software solutions. From our work on ClassNK NAPA Manager to our work on ClassNK-NAPA GREEN, NAPA has shown us time and again the utmost importance they place on creating high quality, innovative tools that directly contribute to the development of the maritime industry. This gives us full confidence that the team will go on to reach even greater success with ClassNK."

Nakamura continued, “Moreover, as a classification society that sees safety and performance as paramount, we want to ensure that innovation in software benefits the entire maritime industry – and make new innovations available to everyone. Through this agreement we can ensure that NAPA’s ship design and operation solutions remain available to the entire maritime industry, while also providing NAPA with necessary tools and resources to further expand its innovative development work."

Juha Heikinheimo, President of NAPA Group, added, “After 25 years of growth into a company of 170 employees, with presence in nine countries, NAPA has grown into the world’s leading maritime software house. After years of organic growth, we see today’s announcement as a huge opportunity to continue to expand NAPA in a way that reflects the increasing demand for software design and operational solutions that we are seeing in the maritime market. In partnering with ClassNK over recent years, we have found it to be an organization that understands the important opportunity that qualitative and innovative software, and global services presents to the maritime industry. Going forward together, NAPA will develop new solutions and services for the maritime industry, whilst maintaining its neutrality and confidentiality towards all stakeholders. Today, reducing fuel costs and attracting charterers are the predominant concerns for shipowners and operators. Through this acquisition, the development of clean-tech solutions for optimizing fuel costs, planning and monitoring will be accelerated. In addition, continuously improving software solutions to enhance the safety of both merchant and passenger vessels, both at the design phase and during operation, will remain a core focus for NAPA. ClassNK’s role as a classification society will enable us to access its industry knowledge, scope and scale, as well as benefiting from its commitment to invest in software research and development. It is this that will allow NAPA’s solutions to be more widely available to the benefit of the maritime industry as a whole.”

The acquisition is the culmination of collaboration between ClassNK and NAPA over many years, the most recent of which being the development of operation optimization software in 2012, ClassNK-NAPA GREEN.
 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Rescues Unconscious Boater

The Coast Guard rescued an individual from a marsh flat in Barataria Waterway located approximately six miles north of Grand Isle, Tuesday. Coast Guard Sector

SHIPPINGInsight to Focus on Ship Telematics

The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn.

Euronav Acquires $ 750 mi Facility

The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB

Technology

SHIPPINGInsight to Focus on Ship Telematics

The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn.

Euronav Acquires $ 750 mi Facility

The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB

NewLead's MT Nepheli Update

NewLead Holdings Ltd.announced today a review of the commercial performance of one of its bitumen tanker vessels, the MT Nepheli since the vessel was delivered to NewLead's fleet.

Shipbuilding

Huntington Ingalls Cites Interest in Building US Icebreakers

Huntington Ingalls Industries Inc, which builds aircraft carriers and U.S. Navy warships, on Tuesday said it was keen to bid to build new icebreakers for the U.

New Tanker Stena Imperial Named in Savannah

A new 50,000 DWT MR chemical and product tanker based on the IMOIIMAX concept, Stena Imperial, was named yesterday in Savannah, Ga.   Built by Chinese shipyard

Bulk Carrier Ship Delivered to Pioneer Marine

Pioneer Marine, a shipowner and drybulk handysize transportation service provider, announced  it has accepted delivery of a 38,464 DWT Green Dolphin eco-design handysize vessel, the M.

Naval Architecture

Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.

New Tanker Stena Imperial Named in Savannah

A new 50,000 DWT MR chemical and product tanker based on the IMOIIMAX concept, Stena Imperial, was named yesterday in Savannah, Ga.   Built by Chinese shipyard

LNG-fueled Box Ship a 'Momentous Step Forward'

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S.

News

USCG Rescues Unconscious Boater

The Coast Guard rescued an individual from a marsh flat in Barataria Waterway located approximately six miles north of Grand Isle, Tuesday. Coast Guard Sector

SHIPPINGInsight to Focus on Ship Telematics

The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn.

Euronav Acquires $ 750 mi Facility

The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB

Maritime Safety

USCG Rescues Unconscious Boater

The Coast Guard rescued an individual from a marsh flat in Barataria Waterway located approximately six miles north of Grand Isle, Tuesday. Coast Guard Sector

Worldwide Launch of Joint CIC

The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control has launched a joint Concentrated Inspection Campaign

Sea Breeze 2015 Kicks off in Odesa

Maritime forces from 11 nations kicked off the U.S.-Ukraine co-hosted multinational exercise Sea Breeze 2015 in Odesa, Ukraine and the Black Sea, Sept. 1. Sea Breeze,

Software Solutions

SHIPPINGInsight to Focus on Ship Telematics

The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn.

Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.

ZIM Transitions Fleet to StowMan(s) Software

ZIM Integrated Shipping Services Ltd, Israel  has decided to enhance its stowage planning for its containership fleet (currently 93 ships) in the future by using

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.1335 sec (1 req/sec)