ChartCo and Marine Press have announced that the two companies are set to merge, creating a new company called OneOcean offering navigation and compliance products for the maritime sector.
“Following the success of three recent acquisitions, we have been looking to further expand our business. We identified Marine Press as a like-minded partner that would complement our own business and expand the offerings to our growing international client base,” said Martin Taylor, Chief Executive Officer of ChartCo.
“Marine Press has created game-changing navigation software and award-winning products and services that will complement our own integrated digital navigation products to really create a huge step forward for both of our customer bases.”
“The new OneOcean business will reflect the collaboration, knowledge and expertise of both companies and build on our individual strengths of research and development, service and support and territorial reach. I believe clients of both companies will see an immediate and comprehensive benefit to the move, and I am really looking forward to working with Nicholas and his team as part of this merger.”
During the coming months the two companies will transition to a single OneOcean business operation, serving approximately 20,000 vessels. Until then, existing sales and service operations at both ChartCo and Marine Press will continue, and customer operations will remain unchanged.
“This is a great opportunity for the Marine Press team and our clients, and I am looking forward to the creation of this new global company and the joining of our two businesses,” said Nicholas Bourque, President of Marine Press.
“OneOcean will have, by far, the largest R&D capability in the sector and will offer the most innovative solutions for maritime compliance and digital navigation. The technology roadmap that the combined group is working on is really exciting, building on ‘best in class’ solutions from both organisations, and will take ship management into a new digital era.”