Miros buys out Miros Mocean from joint venture partners

Miros AS has completed the acquisition of the remaining shares in Miros Mocean AS to take full ownership of the joint venture, originally founded with partners BW Group and Copenhagen Commercial Platform (CCP) in 2021.

Miros offers sensor systems as well as data collection, management and storage services for analysis of the impact of ocean conditions on vessel performance, to assist operators in making safe and efficient decisions. The Miros Mocean vessel performance optimisation platform integrates in-service vessel data with local wave and weather parameters, to deliver an overview of performance in real-time, throughout the lifetime of a vessel.

Miros Mocean will continue to operate as a wholly owned subsidiary of Miros, under the leadership of CEO Marius Five Aarset.

“The full integration of Miros Mocean into Miros allows us to further consolidate and optimise our portfolio of vessel performance services. Our strengthened offering will provide even greater value to customers and partners across the maritime industry,” said Mr Aarset.

“The alignment between Miros and Miros Mocean reinforces our commitment to delivering industry-leading ocean insights that enhance vessel performance and fuel efficiency while increasing maritime safety and sustainability.”

“We focus on our client’s evolving needs by providing innovative solutions, including wave and current measurements from the industry-recognised product Wavex, vessel performance indicators with VTI, and safety monitoring with Anti-Roll assistant.”

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Rob O'Dwyer

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