S&P Global Commodity Insights claimed on Monday it had actually gotten UK-based innovation company Tradenet and also its real-time vessel-tracking system Market Intelligence Network (MINT) to reinforce its ability to track and also assess product deliveries.
Demand for ship-tracking information has actually expanded in the assets field in recent times, causing the production of brand-new information analytics organizations such as Kpler, Vortexa and also Refinitiv that take on S&PGlobal
“The acquisition adds powerful new capabilities to our cargo, vessel tracking and freight analytics portfolio and further strengthens our shipping offering,” Rahul Kapoor, vice head of state and also worldwide head of delivery analytics & & research study at S&P Global Commodity Insights, claimed in a declaration. MINT, a real-time vessel-tracking system, has actually been offered solely with S&P Global for several years, the firm included.
S&P Global did not claim just how much the procurement price.
(Reuters – Reporting by Matthew Chye; Editing by Hugh Lawson)