Maritime data and analytics business Lloyd’s List Intelligence has acquired counterparty risk provider Infospectrum.
Established in 1999, Infospectrum provides due diligence, credit reporting and risk management consultancy services for the shipping and commodity sectors. The UK-based outfit counts about 50 analysts and more than 1,000 clients.
The move is expected to enable the combined business to provide more accurate, reliable, and timely analysis and risk management intelligence solutions for the maritime sector, which is facing increasing challenges from sanctions, geopolitical as well as compliance, safety, and legal issues.
“This acquisition is a significant step forward in our mission to provide the most comprehensive and insightful risk intelligence solutions that support the global maritime industry,” said Michael Dell, CEO of Lloyd’s List Intelligence.
Panos Panousis, managing director at Infospectrum, added that the tie-up would “unlock significant opportunities for both companies and provide the maritime ecosystem with access to a broader range of data, analytics, and intelligence.”
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