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    AQUA   NO0010715394

AQUALISBRAEMAR LOC ASA

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AqualisBraemar LOC : Longitude Engineering appoints Asia MD in clean shipping drive

10/21/2021 | 04:34am EST
Longitude Engineering appoints Asia MD in clean shipping drive

Longitude Engineering - part of AqualisBraemar LOC Group (ABL Group) strengthens its expertise in the engineering and design for alternative fuels and clean shipping technology, with the appointment of Jacob Genauer as Managing Director for its operations in Asia Pacific.

Genauer, a naval architect and marine engineer, joins Longitude following a series of senior engineering and technical roles in shipbuilding, shipyard, and offshore service companies. He brings both technical strength and a practical commercial perspective to energy transition projects, with a background in vessels fuelled by or transporting LNG and ammonia, the development of conventional, nearshore and offshore terminals, and cryogenic containment systems.

Genauer has previously worked for Braemar Wavespec, Hercules Offshore and Keppel Offshore & Marine.

"Jacob will play a key role in positioning Longitude as a leading driver of the energy transition for Asian clients across the marine landscape, providing solutions using both transitional fuels as well as future zero carbon fuels."

Jake Anderson, Managing Director of Longitude Engineering

"Low carbon and zero carbon fuels are set to play a defining role in the global race to sustainability. Technical developments and pilot projects are picking up momentum, but key economic and business model obstacles are yet to be resolved. I look forward to working with the Longitude teams not just in Asia, but globally, to support clients with bankable solutions at every stage of their transition to sustainability."

Jacob Genauer, Managing Director Longitude Singapore

Based in Singapore, Genauer will build up Longitude's presence with maritime clients across Asia, including support for shipping operations, ports and harbours in their adaptation strategies to meet energy transition requirements.

"Asia has the world's busiest ports and some of the world's most prolific shipyards. We want to reinforce our commitment to supporting this maritime community in remaining competitive amidst a rapidly changing market climate and a shift towards sustainable growth."

Jake Anderson, Managing Director of Longitude Engineering

Genauer takes over the role from Nicolas Cazeres, who has recently taken on the role of managing director for Longitude in the USA, based in Boston.

Longitude Engineering specialises in independent engineering, design and analysis for renewables, maritime, defence, oil & gas and infrastructure market sectors. It primarily supports EPCIs with marine operations engineering and marine design, conversion and upgrade, supporting marine projects and assets throughout their development lifecycle.

Disclaimer

Aqualisbraemar ASA published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 08:33:07 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 154 M - -
Net income 2021 4,65 M - -
Net cash 2021 10,0 M - -
P/E ratio 2021 22,9x
Yield 2021 5,32%
Capitalization 107 M 106 M -
EV / Sales 2021 0,63x
EV / Sales 2022 0,49x
Nbr of Employees 922
Free-Float 48,1%
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John David Peter Wells Chief Executive Officer
Dean Zuzic Chief Financial Officer
Glen Ole R°dland Chairman
Bader Diab Director-Engineering & North America
Reuben Segal Chief Operating Officer & Director-Middle East
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