Inocea Group
British and Monaco based company
From Wikipedia, the free encyclopedia
Inocea Group is a British and Monaco based company that operates in the marine industry, defence and industrial sectors.[1] The company owns several shipyards including Davie Shipbuilding in Canada and the Helsinki Shipyard in Finland.[1][2]
History
The company was founded in 2012 by Alex Vicefield and James Davies and incorporated fully in 2015.[3][4][5] In 2012, the company took over the Davie Shipbuilding (under Chantier Davie Canada Inc.), the largest yard in Canada.[6]
In 2023, the Group acquired the Helsinki Shipyard, one of the largest Arctic shipbuilders.[2][7]
In December 2025, the Group was in talks to acquire German Naval Yards.[8][9]
In March 2026, the Group acquired former Royal Fleet Auxiliary ships RFA Wave Ruler (A390) and RFA Wave Knight (A389) with the intention of refitting them for active service with allied nations.[10][11]
In May 2026, it was announced that the United States Coast Guard had finalised its contract with the Group (under Davie) for the delivery of five Arctic Security Cutters as part of the Polar Security Cutter program.[12][13]