Belgium-based Kpler has purchased two global ship-tracking data and maritime analytics companies, namely MarineTraffic and FleetMon.
By combining the capabilities of both entities, Kpler aims to improve the quality of products, data and services for clients in the marine sector.
Founded in 2007, MarineTraffic is based in Athens, Greece, and offers ship tracking and maritime intelligence services to its customers.
The company has formed partnerships with bodies, including the International Maritime Organisation (IMO) and The UN Conference on Trade and Development (UNCTAD), to serve its clients in the sector.
Furthermore, the company coordinates with global ports, maritime companies and oil majors to enhance efficiency and lower environmental impact.
FleetMon was established in 2007 and is based in Rostock, Germany. The company offers automatic identification system (AIS) data to corporates, including industrials, at the end of the supply chain.
Claimed to build the world’s first public vessel data collection, the company enables organisations to deliver better logistic reports. It also helps shipping companies track and analyse their businesses.
The latest transaction follows the purchase of FleetMon by MarineTraffic.
Kpler CEO François Cazor said: “Since its creation, Kpler has been focused on tracking cargoes, not vessels. We believe the time has come to marry commodity and maritime intelligence into one single platform.
“This will lead to improvements in the data and services we provide and drive further innovation in the maritime sector, by incorporating the excellent work of both MarineTraffic and FleetMon.”