Oceanteam Buys Out KCI Design Engineers

MarineLink.com
Thursday, February 20, 2014
File photo CCL

Norway-based Oceanteam Shipping says it has exercised its option to buy the remaining 30% shares of KCI design engineers, a multi-discipline engineering company, employing over 150 engineers with offices in Schiedam, The Netherlands and Hamburg, Germany.

As a result of this transaction, Oceanteam is now the 100% strategic owner of KCI design engineers. The shares were bought from the previous management team at confidential terms.
 
Through this strategic purchase, Oceanteam considers it can speed up the already initiated investment program and support the company with its growth plans going forward expanding its unique and true multi-discipline design engineering services.
 
Oceanteam explain that for over 25 years KCI has been providing quality engineering services to a well-established base of international customers in various industries ranging from Oil & Gas and Shipping to Offshore Renewables. Since Oceanteam became a strategic shareholder in 2008, KCI's activities have shown a steady and healthy growth which has supplied a good workload to the team of over 150 highly qualified engineers. 


About Oceanteam Shipping ASA

The company is an offshore shipping company. Its business is the owning, chartering and managing of Deepwater Offshore Construction Service - and Pipe Lay Vessels In addition Oceanteam Shipping provides complementary Engineering Services consisting of both engineering & design services and equipment to support its clients.

For more information: www.oceanteam.no
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Cove Point LNG Export Facility Gets US FERC Approval

U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.

Aker Evaluating Future of US Shipyard, ASC

Norway's Aker ASA may decide to merge or otherwise restructure two listed units that have seen strong benefits from the U.S. shale oil energy boom, Aker's Converto

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

Mergers & Acquisitions

Hamburg Süd Christens “Cap San Antonio”

On Friday, Hamburg Süd celebrated the christening of its container ship “Cap San Antonio” at the Cruise Terminal of Le Havre, France, with customers and business partners.

NAVTOR, AWT Pact Heralds in e-Nav Integration

E-navigation pioneer NAVTOR has signed an agreement with maritime weather routing specialist Applied Weather Technology (AWT) that will see the two companies integrating

Navig8 to Acquire ECO Chemical Tankers

Navig8 Chemical Tankers Inc. is pleased to announce that it has signed resale purchase agreements with an agribusiness group  to purchase two ECO 49,000 dwt chemical

Offshore Energy

Signet Transports Second LLOG Rig to GofM

On September 14, five Signet Maritime ASD/Z-Drive tugboats, the SIGNET ENTERPRISE, SIGNET RELIANCE, SIGNET MAGIC, SIGNET WEATHERLY, and SIGNET VOLUNTEER successfully

Ocean Installer Awarded New Contract

Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million,

Waterjets Manufacturing Comes Stateside

Thrustmaster’s deal with DOEN brings waterjet manufacturing to the United States.   Marine propulsion and thruster manufacturer Thrustmaster of Texas, Inc. announced

Underwater Engineering

Ulstein Wins Design, Equipment SRI Contract

Ulstein  has been awarded the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel ‘Bravenes’.   Working in close cooperation with Van Oord,

Aker Solutions Starts Trading After Company Split

Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.

AKOFS Offshore Gets Contract Extension from Petrobras

AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1568 sec (6 req/sec)