ECOsubsea to continue deploying hull cleaning solutions in Europe despite Singapore exit

Bergen-based hull cleaning technology provider ECOsubsea recently said despite its exit from the Singapore market, it will continue to deploy its hull cleaning offerings from key service hubs in northern Europe following a restructure supported by new maritime investors. 

The company will primarily focus mainly around the Amsterdam, Rotterdam, Antwerp (ARA) region, as well as in Norway and the UK.

This comes following its company to close its Singapore operations under ECOsubsea Singapore Pte Ltd. 

Manifold Times previously reported a director of Ecosubsea Singapore Pte Ltd filing a statutory declaration (SD) with the Official Receiver’s office stating that the company cannot continue its business due to its liabilities. 

The company told Manifold Times that the filing was done following a period of uncertainty after it entered into voluntary administration at the end of November 2025. 

“The decision to restructure and exit the Singapore market was not taken lightly,” said ECOsubsea CEO Tor Østervold. 

“We are sorry for the impact that this necessary move has had on any of our stakeholders but we remain committed to focus on our core European business which has seen steady year-on-year growth, with a 40% increase in demand during 2025 as compared to the previous year.”

The company added that it is “very much business as usual” for ECOsubsea with the new investment enabling the company to retain most of its core team who are committed to leveraging the strong relationships with long term customers. 

In addition, a third cleaning unit is being redeployed to the European market providing increased capacity to grow the company’s business in the region.

“With all its operational metrics remaining strong, ECOsubsea’s commitment to innovation, including its long term focus on sustainability and decarbonisation, remains its priority,” it said. 

Related: Singapore: Director declares Ecosubsea Singapore Pte Ltd’s inability to continue business

Photo credit: ECOsubsea
Published: 28 April, 2026