Welcome back Wavespec. Braemar Shipping Services announced on Monday it was rebranding its engineering division as Braemar Wavespec, reviving the name after seven years.
"With the recent disposal of our other businesses within Braemar technical division to Aqualis to form AqualisBraemar, the remaining part of our technical division, engineering and naval architecture continues as an integral part of the Braemar group," said Braemar Shipping Services executive chairman Ron Series.
"We are delighted to welcome back the Wavespec name for this division, a return to the name under which the business was founded in 1993."
In June, Braemar Shipping Services divested its offshore, adjusting and marine business lines to energy consultancy Aqualis, creating Oslo-listed AqualisBraemar.
Wavespec was founded in 1993 and acquired by Braemar in 1997. The name stayed in use until 2012, when it was rebranded Braemar Technical Services.
"Industry veterans will remember the Wavespec name from our involvement in pioneering LNG projects from the first FSRUs and Q-Flex/Q-Max ships to the multiple owner's engineer roles on existing and projected onshore facility projects." said Sheila McClain, Braemar Wavespec managing director.
"We have several exciting projects underway so they can look forward to seeing the Wavespec brand leading the way again."
