S&P Global Boosts Maritime and Supply Chain Services with ORBCOMM Acquisition
S&P Global Strengthens Maritime and Supply Chain with ORBCOMM Acquisition
In a strategic move aimed at bolstering its maritime offerings and enhancing supply chain visibility, S&P Global (NYSE: SPGI) has confirmed its agreement to acquire the Automatic Identification System (AIS) data services from ORBCOMM Inc. This acquisition, announced on April 24, 2025, marks a significant addition to S&P Global’s robust portfolio as it seeks to provide cutting-edge solutions to its clients in the maritime sector.
The AIS service offered by ORBCOMM has established itself as a leader in satellite data services that monitor and track vessels globally. This technology has been pivotal in delivering critical insights that assist government and commercial entities in making informed decisions across various sectors. ORBCOMM’s AIS solutions, operational since 2004, leverage proprietary data complemented by both satellite and terrestrial coverage, enhancing visibility in maritime operations, safety, surveillance, regulatory compliance, and environmental monitoring.
Whit McGraw, who heads the Risk Valuations Services at S&P Global Market Intelligence, explained the rationale behind the acquisition. He emphasized that the acquisition demonstrates S&P Global’s commitment to investing in innovative data-driven solutions that can help clients navigate unpredictability in global markets and supply chains. “In light of current market uncertainties, this acquisition positions us advantageously to offer enhanced intelligence and operational efficiency,” McGraw stated.
This acquisition will see ORBCOMM's technology being integrated into S&P Global's Market Intelligence division, further optimizing their offerings in maritime supply chain and energy transition landscapes. The decision to acquire the AIS business aligns with a broader strategy to bolster differentiated data solutions that cater to the evolving needs of clients operating in complex maritime environments.
S&P Global has also declared a strategic equity position in ORBCOMM, aiming to reinforce the partnership and develop unique offerings in supply chain data and insights. This strategic alliance is poised to harness the strengths of both companies, focusing on enhancing global trade and logistics systems. Sameer Agrawal, CEO of ORBCOMM, expressed enthusiasm about the collaboration, highlighting the potential to harness deep data resources for improved supply chain intelligence, essential for stakeholders in the global shipping ecosystem.
The acquisition process is currently subject to customary closing conditions and regulatory approvals, with expectations for completion within 2025. While the financial specifics of the transaction have not been disclosed, the collaboration between S&P Global and ORBCOMM underscores a unified vision for advancing supply chain solutions leveraging innovative technology for improved decision-making.
This move is particularly timely, as the demand for precise maritime and supply chain visibility continues to rise amid global economic variability and increasing regulatory scrutiny in marine operations. As S&P Global works to integrate ORBCOMM’s AIS capabilities into its solutions, it aims to equip clients with the insights necessary to respond effectively to market challenges and optimize operational outcomes.
As this strategic partnership evolves, the industry can anticipate advancements in supply chain dynamics, powered by enhanced data collection and interpretation capabilities provided by the combined expertise of S&P Global and ORBCOMM. The maritime sector is on the verge of transformative changes, and through this acquisition, S&P Global sets a precedent for future innovations in the domain.
For more detailed information about S&P Global and their recent announcements, you can visit their official site at www.spglobal.com. ORBCOMM also shares insights into its innovative solutions focused on the Internet of Things (IoT) at www.orbcomm.com.
This acquisition represents a promising chapter for both organizations as they work collectively to reshape maritime operations through technological advancements and refined data services.