Ocean Infinity has bought Red Rock, a technology company that supports autonomous port operations.
The company did not disclose the price paid. The move continues a stream of acquisitions for Ocean Infinity, which has included consultant Geowynd, security company Ambrey and software engineer Abyssal.
The buyer’s CTO Dan Hook said Red Rock was “an excellent addition”. Hook noted the potential for remote technologies to reduce carbon emissions.
“This acquisition is pivotal in the journey towards smarter, cleaner ways of operating at sea. Together, Ocean Infinity and Red Rock have all the ingredients to develop next-generation shipping to provide the industry with the ability to operate safely on a global scale, with minimal environmental impact,” Hook said.
Red Rock is working on digital and autonomous methods to improve lifting and handling, both on- and offshore.
The deal will see Red Rock’s technology meshing with Ocean Infinity’s robotic Armada vessels.
Future proofing
Red Rock’s CEO Christoffer Jørgenvåg said the two companies had a “truly unique” fit. “Together we are creating a technology platform for the ocean space with capabilities and scale that the world has never seen before. The combined efforts will ensure that our customers are future proofing their investments and operations.”
Red Rock announced the launch of its RedRock.AI in late September. This, it said, will provide the “future of autonomous load handling”, it will remove people from dangerous areas and reduce costs.
The deal will extend Ocean Infinity’s footprint to Norway and Romania, with a total headcount of around 600 people.
Norwegian shipbuilder Vard is working on the Armada fleet. In June, the builder said it intended to deliver the first 78-metre ship in mid-2022. The order covers eight ships, with Vard delivering the last in late 2023.
Greensea Systems signed a contract with Ocean Infinity, it announced on September 30. Greensea will provide its Opeansea software platform for the Armada dynamic payloads control.
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