Marine fuel testing company VPS has completed the acquisition of software provider Yxney Maritime, to broaden VPS’s strategy of supporting industry efforts to decarbonise and operate more sustainably.
Norway-based Yxney was founded in 2016 to provide data-driven systems that assist ship owners and energy companies in decarbonising maritime operations. The firm’s Maress application combines available data from vessels with other relevant data sets to help create more transparency in operations.
Yxney says that Maress users achieved combined savings in excess of 60,000 tons of CO2 in 2020 by optimising performance.
“We will now embark on a journey to build a world leading business in maritime sustainability. Together we will bring a unique value offering to an industry that is going through a rapid change to meet environmental targets in its transition towards sustainability,” said Simen Sanna Gjord, CEO, Yxney Maritime.
“We look forward to continuing to provide data-driven decarbonisation through our Maress software, and not least to continue working closely with all our existing customers and partners, and to introduce our offering to clients using VPS´s services.”
VPS delivers testing, inspection and advisory services to improve fuel and oil management, operational efficiency and regulatory compliance. The company operates a network of accredited fuel and oil testing laboratories located in Rotterdam, Singapore, Houston, Fujairah and Manchester.