Ocean Technologies Group acquires NetVision

Ocean Technologies Group (OTG) has announced the acquisition of maritime software company NetVision, a deal which will see NetVision’s Compas crew management software package integrated into the existing OTG portfolio alongside its learning and fleet management applications.

“Our group companies have a combined track record of over a hundred years in proactively delivering solutions for the most pressing challenges facing seafarers and ship managers. The current operating environment demands unified solutions to manage complex operations with efficient labour-saving workflows and improved data portability,” said Manish Singh, CEO of OTG.

“In our dialogue with blue-chip customers, we see a strong desire for joined up, turn-key solutions that enable insights across personnel and vessel performance and the monitoring and measurement of KPIs in a single place. With our new combined offering we have a great opportunity to make this dream a reality.”

“We have a comprehensive investment programme backing (NetVision CEO Cornel Ciocan) and the Compas team to add implementation and development capacity and bring transformative solutions to our customers.”

The Compas application will link with OTG’s existing TM Master fleet management software, run by subsidiary company Tero Marine, which will work with NetVision to offer an integrated system combining both platforms.

“We regard Compas as the best-in-class crew management solution and in joining forces we are now able to co-develop solutions that will bring an unparalleled value proposition for ship managers and seafarers with workflows across learning management, fleet management and crew management,” said Rune Lyngaas CEO of Tero Marine.

“Almost every one of Compas’ customers already relies on OTG for learning and in many cases our TM Master solutions. We know that bringing our companies together will be highly appreciated by our joint customers and our aim is to offer combined SaaS enablement to more of our customers going forward.”

Share this story

About the Author

Picture of Rob O'Dwyer
Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

Further Reading

News Archive