AqualisBraemar LOC Group completes OSD-IMT acquisition

Energy and marine consultancy AqualisBraemar LOC Group (ABL Group) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.

As previously reported, an agreement for the acquisition was announced last month.

OSD-IMT, which has launched more than 150 designs to date, will become part of ABL Group company Longitude Engineering, which specialises in marine operations engineering and marine design, conversion and upgrade of specialised vessels.

‘Our plan is to combine OSD-IMT’s ship design track record with Longitude’s specialist expertise in marine design, consultancy and operations,’ said Jake Anderson, Group MD for Engineering Services at ABL Group and Managing Director of Longitude Engineering.

‘While OSD-IMT have traditionally focused more on newbuild ship design, Longitude’s legacy is rooted in specialist consultancy services including advanced analysis, hybrid power systems and procurement support. The combination is an excellent match.’

Dean Goves, Managing Director Maritime, Longitude Engineering, added: ‘With maritime decarbonisation accelerating into focus, bringing together OSD-IMT and Longitude’s portfolios in alternative fuel-powered vessel design, will significantly reinforce our offering to support a wide range of maritime stakeholders on the path to net-zero.’

Rhys Berry