Management buy-out at Marorka

The Reykjavik-based company, which also has a set-up in Singapore, now belongs to the Marorka management team. A company restructuring has involved the closure of offices in Germany and Denmark but the new owners and management team are delighted with the successful buyout and takeover, a company statement said.
Marorka’s executives are expecting an exciting period in the field of ship energy efficiency, particularly at a time when new targets have been set out for global shipping by the IMO. They point out that the maritime sector is still dealing with the challenge of realising the full potential of data-driven energy management and confirm that Marorka will continue to provide a full range of products to address these challenges.

German investment group Mayfair has parted company with ship energy management specialist Marorka.

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