Okapi Supply Trading Advisory SA Acquires Yara Marine Technologies, An Exciting New Chapter in Sustainable Maritime Solutions

Yara Marine Technologies (YMT) is currently under the ownership of Okapi Supply Trading Advisory SA, marking the initiation of a promising partnership focused on developing sustainable solutions for the marine sector. The collaboration aims to expand the reach and impact of YMT’s industry-leading decarbonisation technology, with the support and resources of Okapi.

At this pivotal juncture for the shipping sector, the acquisition is poised to facilitate compliance with the increased emissions regulations and financial pressures mandated by the International Maritime Organization’s (IMO) 2030, 2040, and 2050 emissions targets. Thomas Koniordos of Yara Marine Technologies conveyed optimism for the acquisition, underscoring the opportunities it affords in expediting the industry’s transition to net zero through the development and implementation of state-of-the-art decarbonisation technologies.

Mohamed J. Ndao, CEO of Okapi Supply Trading Advisory SA, extended a warm welcome to Yara Marine Technologies, expressing confidence in the alignment between YMT’s innovative solutions and Okapi’s aspiration to provide customers with avenues for environmentally conscious operations. The amalgamation of the two companies is perceived as a stride towards positive change for the marine environment and the maritime industry.

Subsequent to the acquisition, YMT intends to offer updated and innovative vessel optimisation technology for its global fleet. In recent years, the company has been at the vanguard of technological progress, including the creation of a semi-autonomous voyage planning system founded on artificial intelligence (AI), as well as the collaboration to construct the world’s premier containership powered by clean ammonia.

On the whole, the acquisition of Yara Marine Technologies by Okapi Supply Trading Advisory SA marks an exhilarating new phase in the quest for sustainable and eco-friendly solutions for the maritime industry. With a concentration on decarbonisation and technological innovation, the collaboration between the two companies is expected to have a favourable impact on the future of maritime operations.