Dear Friends

Today marks the day of our second anniversary since we assumed our shared identity as Ocean Technologies Group in March 2020 and it gives our global team of Oceaneers a moment to reflect on all we have achieved together in the year ahead and the challenge that awaits us to deliver for our customers in an Industry undergoing a continued disruption.

Listening to our customers need for joined up solutions, we have continued to grow the capability of our group and the range of solutions we can provide. Having combined and launched our Learning assets into one unified Ocean Library, our Learning and Assessment capabilities have been bolstered by the addition of integrated Virtual Classroom in May, the release of our Wärtsilä cloud Sim in September making on-demand cloud based simulation possible through Ocean Learning Platform and in October we improved our digital assessment capabilities by leveraging AI Proctoring for our CES and Marlins English Language tests.

We have also continued to respond to industry needs, adding a range of new e-learning titles, both developed by our in house team and specialist material from original equipment manufacturers (OEMs) such as Samson Ropes. We’ve also made advances in online courses creating new easier pathways to key course certification such as Oil Tanker Training Courses and in launching a new online shop to allow simple pay as you go access for seafarers and companies alike to course from across our learning brands.

Our Fleet Management unit has enjoyed considerable growth too throughout the year with Tero Marine enjoying a record order intake . In September we revolutionised our Crew Management capabilities as we welcomed NetVision COMPAS to the group. This not only provided us with the market leading Maritime HR platform, but also brought in invaluable knowledge and expertise as a host of new colleagues from across Europe and Asia joined our team of Oceaneers. We have since begun a comprehensive investment programme in enhancing Ocean’s Crew SaaS offering and have added to our capabilities in software development, crew systems project management and specialist support for our customers and users.