The Japanese classification society ClassNK has agreed to acquire NAPA, a maritime software company.

According to ClassNK, the acquisition will significantly enhance the success and capabilities of both organizations. For the class society, which has worked with NAPA for nearly 10 years, the landmark deal is a chance to expand and improve the wide range of services it offers to shipowners and shipyards, whilst also providing NAPA with the support to accelerate expansion of existing operations and access new markets.

ClassNK said it provides safety and certification services for more than 8,500 vessels representing more than 20 percent of the world’s merchant fleet, while NAPA’s software is utilized by shipyards designing over 90 percent of the world’s newbuilds and by major ship owners.