NAVALTEX TECHNOLOGY GROUP
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NAVALTEX TECHNOLOGY GROUP
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I PROFILE
Navaltex Technology Group was established in 2010 with a focus on offshore engineering. As the maritime industry developed, so did the group – taking on new capabilities and exploring new markets. Managing Director Andrey Andreev explained more, in an exclusive interview with Inside Marine. Report by Imogen Ward.
F
rom design and engineering to
different companies – some big, some small
advanced structural analysis,
– that all work together on common projects
Navaltex Technology Group pro-
under the management of Navaltex.”
vides turnkey solutions for several key markets including marine and offshore,
Navigating Navaltex
plus oil and gas.
Having maintained a presence within the
“Nowadays, customers prefer turnkey
industry for more than a decade, Navaltex
over anything else,” Managing Director
currently has ten large players covering
Andrey Andreev explained. “They don’t
the US and Europe within the consortium.
want the hassle and the delay of going
The group also has at its heart a group
from one company to another. That’s why
of much smaller companies that
we developed the Navaltex group of
are extremely flexible and, when
companies. We are built of a number of
combined, offer a competitive service
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NAVALTEX TECHNOLOGY GROUP
I PROFILE
in a market that is often dominated by much larger suppliers.
makes this very easy to accomplish.” Navaltex is made up of a great team who
“Our business model works because it
work together efficiently and effectively.
relies on the combination of some great
However, according to Mr Andreev, this
companies that, on their own, cannot
business structure did not develop
compete with the larger conglomerates,”
overnight: “Forming the group was quite
said Mr Andreev. “We give the smaller
a complicated process, because originally,
companies the security to do so and pro-
some of these companies were com-
vide them with the space to collaborate.
petitors. This took time to sort out, but the
“Because of the nature of Navaltex,
fact that they can now work together in
we can take on small projects very
harmony really shows the strength of
easily, and when needed, our core of
character that we have at Navaltex.”
companies can come together to tackle
The group consistently offers customers
much larger jobs. Our corporate model
the very best quality of service, providing
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a portfolio that covers boat mobilisation,
develop, manufacture and install this
vessel maintenance and ship repair.
equipment, readying the vessel for its
“Vessel mobilisation is dedicated to
next stint offshore.”
preparing a vessel for a certain project in
The group currently has several facilities
the ocean,” Mr Andreev continued. “Every
to enable the continuation of its opera-
ship needs different equipment depending
tions. From Bulgaria and the Netherlands
on the upcoming project. This is one
to the US, Navaltex’s presence is sweeping
of our main services: we can design,
and distinguished.
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NAVALTEX TECHNOLOGY GROUP
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Continuous expansion
pace. The group is
Always eager to expand and better
enthusiastic about the
facilitate its services, Navaltex is in the
potential of this service
process of opening a new service base
and is dedicating a lot
in Rotterdam.
of resources to each client
“The reason for this development originates from the increasing demand for
to ensure they receive a satisfactory outcome.
smart management solutions,” said Mr
“We are now close to obtaining projects
Andreev. “When it comes to mobilisation
with new companies, which will include
and retrofitting, the best option for a ship
long-term agreements to adequately
operator is to have an in-house
provide a business structure that is
department dedicated to the oversight
ready to operate as an internal depart-
of this, but very few companies have
ment,” Mr Andreev confirmed. “This
the space or infrastructure to do so.
structure is ready to be used on demand
“What we hope to achieve with the
and includes all components for offshore,
creation of this new base, is a reliable
including engineering, design, prefabrica-
and cost-effective service that provides
tion and fabrication.”
customers with quick turnaround and efficient project management.” Due to its complex nature, the demand for this service has grown at a slow but steady
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Through this service, Navaltex will also offer onboard testing and commissioning of all equipment that it manufactures for the clients.
A positive growth outlook
“In particular, this support vessel will be
Fresh-faced and ready to conquer the
equipped with a launch recovery system
new year, Navaltex has several inter-
for ROVs,” Mr Andreev explained. “Of course,
esting projects underway. This includes
if it was down to the clients, it would be
a newbuild diesel-electric shortsea
done yesterday, and indeed these kinds
general cargo container vessel which
of projects usually take only weeks to
is fuel cell ready.
complete, because the flexibility of our
“The goal for this vessel is to become
companies allows for a quick turnaround.”
emission-free once fuel cell technology
With an eye on the horizon, the group
has progressed,” said Mr Andreev.
remains alert for any new growth oppor-
“I think we are still some years from this
tunities – especially when it comes to the
fuel source being implemented, but
development of new capabilities.
when the time comes, it can be integrated quickly.”
“The company is always evolving,” Mr Andreev concluded. “It expands and
The company is also seeing a steady
shrinks; new companies come and go,
increase in demand from Europe when it
and this remains a very dynamic process.
comes to its electric catamarans, where
“Even now, we are developing new part-
they have already delivered a number
nerships with potential members to cover
of them. Navaltex expects this desire to
all aspects of engineering and design: from
continue throughout 2024 and beyond,
hydraulic to electrical and mechanical
especially in the region of northern Europe.
systems, our goal is to provide clients
The group is also undertaking several
with a complete turnkey solution for an
offshore support vessel conversions.
even broader range of projects.
This includes the conversion of a supply
“Our other main objective revolves around
ship, readying it for building windfarms,
the core of companies that have been
and a secondary support vessel that
with us since the very beginning. We want
is being modified with new offshore
to stay sustainable for them. After all, they
survey equipment.
are the heart of Navaltex.”
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