Danelec acquires KYMA to enhance digital data collection services

Danelec acquires KYMA to enhance digital data collection services

Danelec Marine, a Denmark-based company that designs and develops maritime hardware and software for data collection and safety, has signed an agreement to acquire KYMA, the Norway-based specialist in digital ship performance monitoring.

The combined company will reportedly be the world’s largest maritime data collection solutions provider, with over 10,000 ships using its solutions globally to optimise travel routes and vessel performance, as well as reducing CO2 emissions. The company’s Software-as-a-Service (SaaS) platform allows for automatic and digitalised data collection, which plays a critical role in enabling correct, convenient, and effective emission reporting to comply with international maritime emission regulations.

Through its SaaS technology platform, Danelec Marine supports the shipping industry’s commitment to reducing CO2 emissions by providing accurate, regular and reliable data from, for example, sensors fitted in the exhaust system or in the engine room to measure fuel consumption. Based on this information, engineers on board the vessels and in control centres on land, can operate the vessel in the most fuel-efficient way, which reduces the amount of carbon dioxide and other harmful substances such as NOx and SOx.

“We are proud to welcome the KYMA team into the Danelec family. Together, we will create a global leader in maritime data collection and smart shipping technologies to provide accurate, regular, and reliable data to safeguard the competitive advantages, and regulatory compliance status of shipping businesses worldwide,” said Casper Jensen, CEO at Danelec Marine. “By operating vessels in the most efficient way, smart shipping plays a critical role in creating a more resource-efficient future for the global consumer. We look forward to working together with the KYMA and Verdane teams to deliver on our vision of generating value from maritime data.”

Based in Ulset on Norway’s west coast, KYMA develops and manufactures specialist performance monitoring software and products for all types of vessels. With an installed base of over 5,000 vessels worldwide, KYMA is recognised as a Tier-1 supplier, with products and services delivered to over 400 shipping companies and yards including Hyundai, MSC, Maran Tankers, BW Group and Samsung Heavy Industries.

Halldor Rongve, CEO at KYMA, said: “For over 50 years, KYMA has pioneered marine performance monitoring solutions. Today, we expand on that proud heritage by joining Danelec Marine. In the face of changing regulations and ever-increasing demands for operational efficiency, we look forward to working together with Danelec’s world-class team to provide the on board and cloud data solutions needed for smart shipping and performing mandatory emissions reporting digitally.”