ORBCOMM Announces AIS Agreement with Lloyd's List Intelligence
ORBCOMM Inc. has completed an agreement with Lloyd's List Intelligence (previously Lloyd's MIU) for Satellite AIS data services.
Lloyd's List Intelligence is a leading provider of information and global maritime intelligence. The addition of ORBCOMM satellite AIS information will extend coverage beyond coastal areas with the availability of open ocean vessel reporting. The agreement with Lloyd's List Intelligence includes a minimum annual license fee to ORBCOMM and grants immediate access to ORBCOMM's global satellite AIS offering.
"ORBCOMM welcomes Lloyd's List Intelligence to the growing list of partners for our space-based AIS data services," said Marc Eisenberg, Chief Executive Officer. "The combination of Lloyd's List Intelligence's current maritime information and services, with the integration of the ORBCOMM data, makes for a very compelling and robust product offering."
"Our customers will find that the integration of this new reporting source will be of major benefit in assisting them with business decisions by providing an even greater understanding of both local and global maritime markets and supply chains. We are very excited about this beneficial agreement with ORBCOMM and have worked hard to build the extra benefits and intelligence into our range of products," said Andrew Cooney, Commercial Director at Lloyd's List Intelligence.