OneOcean

OneOcean is a leading global supplier of digital navigation, voyage compliance services and data to the marine industry.

OneOcean was formed in 2019, through the merger of ChartCo and Marine Press, and supplies maritime solutions focused around navigational data, environmental and compliance information, technical information, change management and safety monitoring for vessels around the globe.

These solutions enable owners, management companies, shoreside teams and onboard crew to effectively manage and optimise their day-to-day and long-term operations thereby minimising total costs and highlighting risks through transparent, connected systems.

The combined business employs over 300 people globally and is headquartered in London with core offices located in Montreal and Singapore.

VALUE CREATION

Equistone has worked alongside the management team to reposition OneOcean as a digital maritime leader in its space and supported the growth of its software and digital offering. This has included the completion of four strategic add-on acquisitions to support expansion into higher value-add services to meet an increasing demand for data sets and software products: 

• Docmap ®, a Norwegian-based global provider of document management software, was acquired in April 2017. 
• Swedish environmental shipping technology business, Marine Position was acquired in June 2017. 
• Marine Press of Canada, a navigational and compliance products provider was acquired in October 2019. 
• In June 2021, OneOcean’s voyage planning capability was further expanded with the acquisition of Shipping Guides, a UK provider of static and dynamic data on ports across the globe.

THE EXIT

Equistone sold its Fund V investment in OneOcean to Lloyds Register, a global provider of maritime professional services.