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LR completes purchase of C-MAP Commercial from Navico Group.
LR has acquired the C-MAP commercial marine business from Navico Group.
The transaction for the leading provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software was completed on 3 March 2021.
C-MAP will be integrated with the i4 Insight platform, strengthening the existing performance platform ecosystem and this acquisition builds on Lloyd’s Register’s vision of solving problems with integrated digital solutions that will conquer the challenge of isolated and disconnected maritime systems. It follows recent partnership agreements between i4 Insight and other maritime players including Greensteam, FNT and Laros.
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Maritime Activity Reports, Inc.
Nial McCollam (Photo: Lloyd’s Register)
Lloyd s Register (LR) said it has reached a deal to acquire Navico Group’s C-MAP commercial marine business, a provider of commercial marine cartography and digital publications, shore-side and shipside voyage optimization, cloud-based fleet management and fleet analytics software. Financial terms were not disclosed.
The acquisition, which includes C-MAP’s charts and publications, route planning and fleet management, weather services, professional services, and marine hydrographic services, will be integrated with into Lloyd s Register s i4 Insight performance platform.
For LR, the acquisition builds on its vision of solving problems with integrated digital solutions with the aim of conquering the challenge of isolated and disconnected maritime systems, the company said. It follows recent partnership agreements between i4 Insight and other maritime players including Greensteam and Laros.