Tero Marine Acquires Close Competitor
Norwegian maritime software house Tero Marine AS has taken a controlling stake in rival company Teomaki AS. Norwegian maritime software house Tero Marine has acquired 95 percent of the shares in one of its closest competitors, Teomaki. Both companies develop IT control and management systems for offshore and maritime companies. Jan Erik Hårvei, CEO of Tero Marine, is delighted with the acquisition. “Teomaki’s products will be continued and they will form an excellent addition to our already solid portfolio.
Teomaki Signs Contract with CST
has won a contract to supply their Ship Management System to CST – Chemikalien Seetransport GmBH. The contract is for the installation of the Teomaki.SM application containing fleet management, technical and quality administration on board 6 newbuildings, together with conversion of existing systems. The project will also involve the provision of training and general consultancy to CST. Hamburg-based CST is committed to the safe, flexible and reliable management and operation of state-of-the-art, purpose-built sea-going vessels. The company’s reputation for quality is the result of over 35 years of experience in the shipping sector.
