exactEarth signs strategic partnership agreement with Genscape

exactEarth signs strategic partnership agreement with Genscape

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Canada: exactEarth, a provider of global maritime vessel data, has announced a new strategic alliance with Genscape, real-time energy information supplier to commercial markets. exactEarth and Genscape, having complementary backgrounds and capabilities, are now looking to apply their respective technologies, resources, and experiences to jointly explore the development and distribution of AIS-based data products and services to customers around the globe.

Genscape, through its Vesseltracker affiliate, currently provides the terrestrial AIS information available as well as expansive ship information databases that will now also be available throughout the exactEarth product offering enhancing the value of its exactAIS data service to maritime authorities around the world. In turn, exactEarth will be providing its Satellite AIS data services to Genscape for the creation of a wide array of derivative products including summary flow reports and critical analysis assessments. Under this agreement, Genscape and exactEarth are looking to expand their product offerings into the existing customer base while also working to expand into associated global markets.

"We are excited to enter into this agreement with Genscape” said Peter Mabson, President of exactEarth. “This is a great step forward as we will now be able to offer the rich maritime information databases of Genscape to our valued customers. Through this expanded relationship, we will continue to service hundreds of customers together across the globe and look forward to delivering enhanced premium maritime services to our joint markets.”

”The combination of Genscape’s terrestrial AIS network and real-time monitoring of commodity and energy infrastructure with exactEarth’s industry leading satellite AIS network will allow Genscape to provide the most accurate and timely information of flows across global commodity and energy supply chains. This information will help our customer’s ability to hedge risk and make smarter trading decisions” said Matthew Burkley, Chief Executive Officer of Genscape. “We are extremely pleased to expand our strategic partnership with exactEarth. It is good for our customers as well as the whole market.”

Source: exactEarth