StratumFive, a voyage monitoring and prediction firm, has completed the acquisition of US-based weather routeing and analytics company, FleetWeather Group. The deal means that StratumFive now services more than 12,000 vessels trading worldwide.
The company’s COO, Ross Martin, commented: “We’ve spent over a decade perfecting the art of managing significant volumes of data, building applications that have moved the monitoring market forwards. In the last few years, the amount of data that is available to us has exploded. Ship owners and operators are only just beginning to appreciate the scale of opportunity and challenge.”