AqualisBraemar LOC Group completes OSD-IMT acquisition
15 December 2021
15 December 2021 – Energy and marine consultancy AqualisBraemar LOC Group (ABL Group) has successfully completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.
OSD-IMT is a specialist consultancy in ship design for newbuild, refit and conversion projects. The company operates in all key marine markets – including the renewables, maritime, defence and oil and gas sectors. Its expert knowledge covers a broad selection of vessel types and a wide range of technologies, including design and engineering for alternative fuels. The company in particular specialises in newbuild construction, support and supply vessels for the offshore energy industry, dredger and dredging support vessels, and marine survey vessels.
OSD-IMT, which has launched more than 150 designs to date, will become part of ABL Group company Longitude Engineering, which specialises in marine operations engineering and marine design, conversion and upgrade of specialised vessels. Further, Longitude has a solid track-record in the design and development of clean shipping technology, with expertise in hybrid-propulsion, LNG and hydrogen fuelled-vessels.
“Our plan is to combine OSD-IMT’s ship design track record with Longitude’s specialist expertise in marine design, consultancy and operations. While OSD-IMT have traditionally focused more on newbuild ship design, Longitude’s legacy is rooted in specialist consultancy services including advanced analysis, hybrid power systems and procurement support. The combination is an excellent match,” says Jake Anderson, Group MD for Engineering Services at ABL Group and managing director of Longitude Engineering.
“With maritime decarbonisation accelerating into focus, bringing together OSD-IMT and Longitude’s portfolios in alternative fuel-powered vessel design, will significantly reinforce our offering to support a wide range of maritime stakeholders on the path to net-zero,” Dean Goves, Managing Director Maritime.
Longitude Engineering specialises in independent engineering, design and analysis for renewables, maritime, defence, oil and gas and infrastructure market sectors. It primarily supports clients with marine operations engineering and marine design, conversion and upgrade, supporting marine projects and assets throughout their development lifecycle.