Seagull Maritime takes stake in data management provider COEX

Paul Gunton

Paul Gunton · 09 October 2019


Norway-based onboard training provider Seagull Maritime has acquired 50% of the shares in COEX. COEX, based in Bergen, Norway, specialises in general document management, HSEQ and procedures, project management and personnel management for the maritime and oil & gas industry.

“Information overflow” is a well-known problem for most companies today. The volume of unstructured information, like documents, e-mail, pictures doubles every 12 months. The COEX solutions are intended to ensure that customers gain control over their data and can set up more effective automated workflows.

Seagull cites a desire to expand its offerings with new solutions and services that add value for its customers and sees the products delivered by COEX as a natural expansion of Seagull’s portfolio of products.

“We are very impressed by the company and the solutions developed by COEX and we believe the company has a great potential for further growth. The main reason for our interest in COEX is a very strong solution to help Seagull’s existing clients to synchronised documents and data to and from vessels with minimal data traffic. The management and employees in COEX have long time experience within the Shipping Industry and our goal is to be one of the leading solution providers within the industry,” said Roger Ringstad, Group CEO - Seagull/Videotel.

“We are proud that we now have an industry leader as Seagull Maritime as a shareholder. We believe the market knowledge and financial strength of Seagull will help fulfill COEX’s high ambitions. We want to give added value to the Seagull customers world-wide”, said Karl-Erik Johannessen, CEO of COEX.

COEX works in tight partnership with M-Files, which has more than 15.000 customers world-wide using M-Files as a platform for their content and document management.

“COEX is a partner that have built impressive solutions based on M-Files, and we strongly believe that the partnership between COEX and M-Files will be a success within the Maritime Industry” said Sampo Torikka, Channel Account Manager at M-Files.

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