James Fisher Marine Services acquires Insight

Business & Finance

James Fisher Marine Services (JFMS) has acquired the assets of Insight Marine Projects (Insight), a specialist survey company from Cornwall.

Insight provides a range of hydrographic survey and construction support services to the coastal, inshore and offshore marine industries, with particular specialization in the wave and tidal renewable sectors.

The acquisition will see the addition of hydrographic/geophysical survey and construction support to JFMS’s existing offering to the renewables, oil and gas and civil engineering markets around the world.

Richard Argall, Managing Director of Marine Projects at JFMS said: “Our market leading marine service capabilities have been further strengthened through the purchase of Insight. Complementing our existing offering, we can now provide an even more comprehensive service to our customers globally.

Alex Richards, Managing Director of Insight added: “Being part of JFMS means that Insight is now able to undertake larger and more complex surveying projects for customers around the world. We are delighted to be joining the group and are looking forward to our future partnership.”

To remind, Insight has in last couple of years provided support for several tidal energy projects including: MeyGen, DeltaStream, SeaGen etc.

Insight Marine Projects will be rebranded during 2017 to form the subsea surveying division of marine projects at James Fisher Marine Services.