Maritime artificial intelligence (AI) company Windward has entered three partnerships with Greek shipping entities Ortsa Marine, Goldenport and Marine Trust.
Ortsa Marine is a shipbroking company, Goldenport is a ship management firm and Marine Trust is a shipowner.
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Under the deals, Windward will deliver its advanced Maritime AI platform to the companies for due diligence and vessel screening as well as the mitigation of sanctions compliance risk.
The three entities will deploy Windward’s platform as their primary tool for sanctions compliance and the optimisation of vessel screening due diligence approaches.
Powered by advanced machine learning and behavioural analytics models, Windward’s Maritime AI solution enables customers to gather insights on vessel behaviours, ownership structures and company risks.
It also provides real-time predictions of which companies and vessels could be at high risk.
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By GlobalDataAccording to Windward, the regulatory requirements in maritime trade have increased in recent years due to more advanced and commonly used deceptive shipping practices.
The ongoing conflict in Ukraine has also resulted in the setting up of new regulations by the US, European Union (EU) and G7 for all maritime service providers.
Windward co-founder and CEO Ami Daniel said: “The current regulatory climate necessitates all maritime players to digitalise their screening and sanctions compliance processes.
“As Greece continues to be a global shipping leader, we’re proud to provide our new customers with a comprehensive view of what is happening with their fleet. Our solution takes business readiness one step further and ensures sanctions compliance and optimised business practices.”
