RINA, the multinational engineering consultancy, inspection, and certification group based in Genoa (Italy), has announced the acquisition of the entire share capital of Foreship from Vaaka Partners and the company’s management team. Foreship is a Finnish company specialising in naval architecture and marine engineering.
The acquisition marks a further expansion of RINA’s global marine engineering consultancy offering and strengthens its presence in Northern Europe.
Foreship, which reported revenues of EUR 15.2 million in 2024, is headquartered in Helsinki and employs over 90 professionals across eight offices worldwide, including in the USA, UK, and Estonia. The company is best known for its high-profile work in cruise ship design, energy-efficient vessel innovations, and sustainable marine technologies. Its distinctive expertise in naval architecture offers strong synergies with RINA Consulting and creates opportunities to grow market share, particularly in complex retrofits, new fuel integrations, and digital transformation.
Photo: From left to right: Petrus Blomqvist, Partner at Vaaka; Lauri Haavisto, CEO of Foreship; Markus Aarnio, Chief Naval Architect at Foreship; Carlo Luzzatto, CEO of RINA.
