Greek merger aimed at developing digital green solutions for shipping

Greek merger aimed at developing digital green solutions for shipping

A Greek maritime environmental engineering company has merged with a well known local shipping IT firm with the pair vowing to develop green digital solutions for the industry.

Erma First, best known for its ballast water treatment systems, has bought out METIS Cyberspace Technology from the Germanos–led Olympia Group.

Established in 2016, METIS is specialised in electronic engineering, IoT, cloud computing and artificial intelligence, offering a platform that enables shipping companies to acquire and analyse data to improve performance over a wide range of operational aspects.

“With technology playing an increasingly critical role in every aspect of the industry, both companies recognize that they need to accelerate the development of green digital solutions to ensure they remain in the competitive vanguard,” the companies said in a statement.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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