Verret Marine acquires SailPlan for predictive maintenance

Chad Verret.

Verret Marine announced it has acquired the technology and assets of SailPlan, a maritime monitoring platform originally developed for cruise, naval, and commercial fleet applications. Terms of the transaction were not disclosed.

SailPlan’s platform captures and analyzes high-frequency machinery and operational data from vessels at sea, with deployments that have included cruise line operators, U.S. Navy programs, and yacht exhaust OEMs. Under Verret Marine ownership, the technology will be focused on predictive maintenance and machinery monitoring use cases across the offshore, LNG, and broader commercial marine sectors.

“The hardest problem in marine operations isn’t getting data off a vessel — it’s turning that data into a decision a chief engineer or port engineer can act on before something breaks,” said Chad Verret, president of Verret Marine. “I’ve spent four decades in this industry watching unplanned downtime eat budgets and schedules. SailPlan’s team built something that works in the harshest operating environments we have, and I’m not willing to let that capability sit on a shelf. We acquired it because the technology deserves to keep running.”

Verret founded the firm in 2023 following 14 years as executive vice president at Harvey Gulf International Marine and president of Q-LNG Transport. He previously served as chairman of the board of the Society for Gas as a Marine Fuel and was a driver of landmark projects, including the Harvey Deep-Sea, the first U.S.-flag LNG-fueled MPSV, and the Q-LNG 4000, the first U.S. offshore LNG bunkering articulated tug and barge. Verret Marine also operates under a memorandum of understanding with U.K.-based Cryosafe Services Ltd. for cryogenic marine and terminal projects.

“SailPlan was built to solve real problems for operators who run mission-critical fleets, and Chad is one of the few people in this industry with both the operational depth and the LNG background to put it to work at scale,” said Jacob Ruytenbeek, founder of SailPlan. “Handing the technology to Verret Marine was the right outcome. Chad will get more out of it than most.”

Verret Marine will evaluate integration paths for the platform across its consulting engagements and partner network in the months ahead. No service disruption is expected for existing SailPlan deployments under transition.