Industry Ship Service Website www.tecomaritime.com Founded 1994 | Key people Tore Enger (Chairman) Headquarters Bærum, Norway Area served Norway | |
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Subsidiaries Teco Coating LLC, Teco Maritime Norway AS Type of business Public company (OSE: TECO) | ||
TECO Maritime ASA (OSE: TECO) is a specialist supplier of technical services to the maritime industry. TECO offer voyage repair and maintenance services onboard vessels, whilst they are in service. The range of products and services includes coating contracting, marine electronics, tank cleaning and ship repair & maintenance.
The company was founded and is controlled by Tore Enger (38.92%). The company is based at Lysaker outside Oslo, Norway but has service offices throughout the world.
The company started in 1994 with sale of ship cleaning products. In 1997 it bought 50% of Den-Sin Cleaning Systems (sold again in 2000) and listed the same year on Oslo Stock Exchange. In 1998 it bought Marine Trans and Marine Kurer. Strømme Ship Service was merged with in 2000 and the company briefly changed its name to Strømme TECO, though the same year the companies were again demerged.
TECO Group ASA acquired Davie Shipbuilding of Canada and renamed as Davie Yards Inc in 2006. The Canadian unit went bankrupt following the failed sale to Fincantieri in 2011 and assets sold to Upper Great Lakes Group.
Subsidiaries
TECO Caoting Services AS is a supplier of repair and maintenance crew for the maritime- and offshore industry.
TECO Maritime AS is a manufacturer of tank cleaning chemicals and a supplier of SuperCargo-services for the maritime- and offshore industry.
TECO Maritime Norway AS is a producer and supplier of systems, services and technical products related to automation, calibration, F&G detection, hydraulics, instrumentation, fire, resuca and safety, chemicals, and gases and welding.