• BIST 98.466
  • Altın 223,953
  • Dolar 5,7050
  • Euro 6,6085
  • İstanbul 18 °C
  • Ankara 19 °C

KGJG and DNV GL will reinvest

KGJG and DNV GL will reinvest
Following DNV GL’s recent acquisition of Marine Cybernetics, the Kristian Gerhard Jebsen Group (KGJG) will reinvest in order to co-develop the company. KGJG will own an increased 30% stake, with DNV GL as the majority (70%) shareholder.

Marine Cybernetics is the leading company for third-party testing of computer control systems in the maritime and offshore industries. Over the past 6 years, the Kristian Gerhard Jebsen Group has supported the growing business as minority shareholder and, after DNV GL’s recent acquisition of Marine Cybernetics, it has been agreed that KGJG will increase its shareholding and jointly develop the company.

“Our primary decision to invest in Marine Cybernetics was driven by the increasing importance of software-dependent systems in ensuring safe, reliable and efficient operations,” says Henrik O. Madsen, DNV GL Group President & CEO. “As such, we are happy to have Kristian Gerhard Jebsen Group as partner of choice to jointly develop the market and the business of Marine Cybernetics.”

“With increased focus on reliability, regularity and safety at sea, as well as introduction of more computer-based control systems critical for operations, Marine Cybernetics is uniquely positioned in a market that is still early in its development”, says Hans Peter Jebsen, Chairman of Kristian Gerhard Jebsen Group. “We in Kristian Gerhard Jebsen Group look forward to working with DNV GL to develop Marine Cybernetics as the market leader within third party testing and verification of control systems critical for safe operations at sea.”

“This will be a game changing platform to enhance safety and increase operational efficiency in the offshore and maritime industries,” says DNV GL Group COO and EVP Remi Eriksen, who also will be the Chairman of the Board for Marine Cybernetics. He adds, “As long as Kristian Gerhard Jebsen Group is a shareholder, Marine Cybernetics will remain a legally independent company. Going forward, KGJG will own an increased 30% stake, with DNV GL holding the remaining 70%. This partnership will allow us to further use the gained knowledge and broad industry networks of the Kristian Gerhard Jebsen Group that will benefit the Marine Cybernetics business.”

Within DNV GL, Marine Cybernetics will initially be treated as an ‘Independent Business Unit’. After a transition period of three years, DNV GL will have the possibility to attain sole ownership and to fully integrate the Marine Cybernetics business into the DNV GL Group.




This news is a total 1588 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • TOTE Places Hawaii Plans on Hold27 January 2018 Saturday 12:18
  • Turkey's Yasa in for ultramaxes at NACKS28 November 2017 Tuesday 11:24
  • Rickmers Maritime revises debt restructuring plan22 September 2016 Thursday 08:39
  • Kleven to Build Up to Four Expedition Vessels for Hurtigruten25 April 2016 Monday 18:12
  • IMO Representatives Discussed Migrant Issues06 September 2015 Sunday 18:16
  • Golden Anchor Awards 201506 September 2015 Sunday 16:49
  • Asia Tankers-VLCC Rates Dropping15 August 2015 Saturday 12:44
  • USCG Increasing Arctic Presence14 August 2015 Friday 11:58
  • Fennica is on his way to Alaska06 August 2015 Thursday 12:21
  • Tidal Power in Alaska Villages04 August 2015 Tuesday 15:34
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |