Yara Marine Technologies acquired by Okapi Supply Trading Advisory

Yara Marine Technologies (YMT) has been acquired by Geneva-based Okapi Supply Trading Advisory to expand its maritime portfolio.

YMT, a subsidiary of Norwegian chemical company Yara International, is focused on the development of vessel optimisation and decarbonisation technologies, such as its propulsion optimisation system FuelOpt; performance management and reporting system Fleet Analytics; cloud-based AI-powered ship operation support system RoutePilot AI; and shore power installations for vessels.

Additionally, YMT’s FuelOpt system also supports wind assisted propulsion that optimises power and records fuel performance on vessels with sails, rotors, kites and wings.

“I’m pleased to welcome Yara Marine Technologies into the Okapi family. Their wide portfolio of innovative solutions showcase a variety of approaches and stackable alternatives that can serve as immediate options when addressing our industry’s emissions challenges,” said Okapi Supply Trading Advisory CEO, Mohamed Ndao.

“This aligns closely with our ambition to offer our customers easier pathways towards greening their operations. This union is an exciting new chapter, and I look forward to working together to create positive change for the marine environment and the maritime industry.”

Customers with previously acquired products from YMT will continue to be supported by lifecycle services.

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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.

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