Yara Marine Technologies Acquired by Okapi Supply Trading Advisory

Yara Marine Technologies (YMT), a prominent supplier of green technology to the shipping industry, has been acquired by Okapi Supply Trading Advisory for an undisclosed amount. YMT, originally a part of Norwegian fertiliser company Yara, offers a range of green technologies including vessel optimization, wind-assisted propulsion, emissions abatement, and shore power. Yara has stated that the divestment of YMT aligns with its strategy to focus investments on sustainable food solutions and clean ammonia. Okapi Supply Trading Advisory, based in Geneva, is a leading independent provider of oil and gas products and services in Africa.

Okapi Supply Trading Advisory CEO Mohamed Ndao expressed his satisfaction with the acquisition, welcoming Yara Marine Technologies into the Okapi family. He highlighted YMT’s innovative solutions as valuable tools for addressing the emissions challenges in the industry. YMT’s diverse portfolio offers various approaches and alternatives that can serve as immediate options for reducing emissions. Okapi Supply Trading Advisory is known for supplying, storing, and distributing oil and gas products needed by consumers, industry, and maritime operations across the African continent.

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