Bureau Veritas has finalised the acquisition of HydrOcean, a French engineering company specialised in hydrodynamic digital simulation for the maritime industry.
Established in 2007, HydrOcean provides design support for the construction of ships, offshore structures, racing yachts and marine energy systems. Its focus is on assessing and optimising hydrodynamic performance. The company has co-developed advanced digital simulation tools in partnership with Ecole Centrale Nantes' fluid dynamics laboratory.
HydrOcean's services and simulation tools help reduce the risks, time and costs associated with ship design. It operates in a fast growing market driven by sustained demand from the shipping, offshore and yachting industries, and the emerging marine renewable energy sector.
Based in Nantes, France, HydrOcean employs eighteen engineers and had a revenue of EUR 2.7 million in 2014.
Picture by Louis Vest.
