Trelleborg Marine Systems has strengthened its expertise in the LNG sector with the acquisition of Sea Systems Technology Ltd (SeaTechnik).
In addition to developing, manufacturing and supporting systems for the safe handling of LNG, SeaTechnik has a growing share of products and solutions that monitor and can actively manage the operating performance of ships. These solutions aim to reduce both emissions and fuel costs.
Richard Hepworth, President of Trelleborg Marine Systems says: “We’re committed to growing our business in this fast moving area and the acquisition of SeaTechnik really bolsters and expands on our berthing, docking and mooring offering.
“LNG transportation represents an attractive growth area for us. As such, we want to offer a full service solution that can provide customers with a “one-stop-shop” for LNG projects, building on our existing expertise and capabilities. SeaTechnik’s portfolio already has similar design requirements to ours and we already work together closely, so the acquisition provides natural synergies and is a logical step to take.”
Employing 45 people globally, SeaTechnik is based outside Chester in the UK, with two wholly owned subsidiaries based in Korea and Singapore. Design, manufacture and assembly activities are based mainly in the UK, with local sales support, installation and commissioning work and specialist manufacturing carried out in South Korea and Singapore.
Adapted from press release by Callum O’Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/14012013/trelleborg_acquires_seatechnik_167/