US fund brings wellboat operators together

By Editors | December 18, 2023

Two leading Norwegian-based wellboat businesses – AquaShip and Intership – are set to merge following a deal that has seen both of them taken over by a US investment fund. American Industrial Partners Capital Fund VII, LP, an investment fund managed by American Industrial Partners (AIP), has become the majority and controlling shareholder in both…

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Thoroughly modern merger

By Janice Johnston | July 16, 2020

AquaShip combines expertise to form world class company In July 2018 Shetland based Johnson Marine Ltd, and Norwegian wellboat operator GripShip AS merged to form a new world class company with the express intention of creating an innovation led global shipping company in the maritime aqua service sector. Johnson Marine, well known throughout the aquaculture…

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