The founder of the Allseas Group, Edward Heerema, is handing over control of the business after leading the offshore contractor for 37 years.

Heerema will hand over duties to his eldest son Pieter but will continue to work as chairman developing new technologies, the Swiss company said.

Under Heerema’s leadership, Allseas launched the world’s largest construction vessel, the 403,300-gt single-lift crane ship Pioneering Spirit (built 2015).