Seagull Maritime announced that they have acquired a majority of the shares in Tero Marine.
Tero Marine, headquartered in Bergen, Norway, has developed fleet management software for the shipping industry for more than three decades. The company’s flagship, TM Master, is recognized as one of the leading brands in the business. Today, TM Master is a crucial tool for shipowners all over the world, not only as an instrument for planned maintenance (and asset management), but also as a business intelligence resource.
Tero Marine is growing fast and has currently more than 55 employees, with offices and representatives in Norway, UK, Singapore, USA, Brazil, Japan and Russia. The software development is mainly conducted at the head office in Bergen, strongly supported by a developer team in St. Petersburg, Russia.