Wärtsilä acquires Guidance Marine

Wärtsilä has acquired privately-owned Guidance Marine, a company with offices in the UK, Singapore and the US that provides sensor solutions relating to dynamic positioning and other vessel control systems, such as collision avoidance and remote control operations.

Image from Wärtsilä.

Wärtsilä says it is deeply committed to providing technologies needed to enhance intelligent shipping, whereby digital solutions will greatly improve the efficiency, safety and profit earning capabilities of its maritime customers. 

The acquisition of Guidance Marine will enhance Wärtsilä's capabilities in the area of situational awareness and near-field measurement, both essential for more intelligent vessel navigation, says the company.

"Guidance Marine's core competences are wide ranging and include the development of sophisticated positional measurement sensors and systems for high accuracy control applications. These competences complement our own activities in the field of radar technology, navigation and dynamic positioning, by joining forces we can certainly further accelerate the introduction of solutions that will take shipping into a new era of efficiency," says Maik Stoevhase, director, Automation, Navigation and Communication, Wärtsilä Marine Solutions.

Founded in 1991, Guidance Marine has developed in-house capabilities, including a dozen patents for various technologies and a ready portfolio of closely related products. In its research and development activities, the company has also established strong connections with a number of leading UK universities. In 2016, Guidance Marine's turnover was US$8.2 million (GBP 6.3 million). Guidance Marine employs over 50 people worldwide and has a strong track record in delivering significant safety and cost benefits by bringing disruptive position measurement technologies to marine markets across several continents.

"Joining forces with the Wärtsilä Corp. presents an exciting opportunity for Guidance Marine to work alongside a major player in the marine industry. We are committed to continue serving all our customers, whilst at the same time looking forward to bringing them faster access to new products and technologies. This partnership provides a significant step change in developing the future of maritime positioning and navigation where the integration of multi-modal sensor technologies is a key factor in the delivery of 'intelligent' vessels," says Jan Grothusen, CEO at Guidance Marine.

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