Lloyd’s List Intelligence is set to establish a Centre of Excellence in Chennai, India, in November, marking one of its largest global offices, according to CEO Waqas Samad. This expansion aims to meet the soaring demand for maritime data and strengthen operations in a region pivotal to global trade.
The Chennai facility will generate over 200 jobs in data analysis and software development, playing a crucial role in managing over one billion maritime data points daily. Chennai, recognized as a rapidly growing tech hub and home to the Indian Maritime University, provides an ideal location, backed by support from the Tamil Nadu government.
Samad highlighted the significance of Asia-Pacific trade routes amidst increasing maritime risks due to geopolitical tensions and regulatory changes. The Centre will enhance Lloyd’s capabilities in risk management across maritime interactions, ensuring customers receive reliable, actionable intelligence.
Lloyd’s List Intelligence, founded over 290 years ago, is regarded as a leader in maritime trade intelligence, with a commitment to innovation and integrity. This expansion aligns with the company’s strategy to leverage local expertise and technological advancements in the thriving maritime sector in India.
Share it now
Related posts:
India Launches Marine Microbial Repository Portal to Enhance Ocean Research and Sustainability
Maersk Transforms Chennai Warehouse into All-Women-Operated Facility, Boosting Diversity
ICEBATTERY Containers Launched to Enhance Chennai-Port Blair Logistics
Regional Centre of Excellence in Dibrugarh to Boost Maritime Skills in Northeast India
