VPS, a global marine fuel testing advisory company owned by Fremman Capital has acquired Emsys Maritime, a real-time emissions measurement company operating globally and based in Manchester.
Financial terms of the transaction were not disclosed. VPS is the market-leading fuel testing, inspection, and advisory services company in shipping, with laboratories located in Rotterdam, Singapore, Houston and Fujairah. VPS tests marine fuels and lubricating oils, producing high quality, reliable analytical data with further expert interpretation and advice, helping ship operators to run their vessels efficiently, optimising fuel costs and reducing greenhouse gas emissions.
The acquisition of Emsys Maritime complements the growing digital decarbonisation service offering from VPS, servicing a rapidly increasing demand from shipping customers.
Emsys Maritime is a market-leading manufacturer of real-time, laser driven marine emissions measurement technology. Headquartered in Manchester (UK) with an overseas operating hub in South Korea, the company’s customer base includes the world’s leading shipyards and ship operators.
Their unique technology is supported by a comprehensive digital data platform which provides unique insights into the vessels real-time environmental profile allowing operators to maximise efficiency whilst maintaining regulatory compliance. The recent introduction of the ‘Emsys Analytics’ software platform has provided a comprehensive, real-world data stream to ship operators and charterers to help manage their ESG reporting requirements.
Tags: Emissions, Emsys Maritime, Freman Capital, VPS
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