AI

Windward Launches Online Portal to Widen Access to AI-Powered Insights in the Maritime Industry

The web portal supplies personalised, on-demand companies, enabling entry to Windward’s superior threat insights to all maritime corporations, irrespective of the scale

Printed: Oct. 12, 2021 at 9:00 PM HST|Up to date: 1 hour in the past

LONDON, Oct. 13, 2021 /PRNewswire/ — Windward, the Predictive Intelligence firm making use of AI to remodel world maritime commerce, introduced in the present day the launch of the Windward On-line Portal. The web portal supplies on-demand companies for shipowners and all maritime stakeholders, together with an alert system, invoice of lading (BOL) verification, credit score checks, and compliance certificates. The portal permits corporations of all sizes to pay attention to dangers related to their vessels and the vessels of potential enterprise companions in addition to any maritime enterprise exercise, enabling them to vet enterprise alternatives and vessels shortly and effectively.

When clearing a transaction, maritime stakeholders together with shipowners, brokers, charterers, monetary establishments, and insurers run quite a few due diligence checks to guard towards threat publicity. In an business with restricted transparency that lacks standardized processes for threat reporting, it is important that shipowners and smaller maritime corporations have entry to information and actionable insights to pay attention to all dangers concerned with their fleet, to allow them to guarantee compliance and that they do not lose out on enterprise alternatives. As well as, credit score checks and BOL verification have change into a necessity within the delivery and banking industries so as to present real-time insights and readability to drive enterprise.

The Windward On-line Portal supplies a vital service for all stakeholders within the maritime business, enabling entry to on-demand, complete threat insights catered to any firm’s particular person wants. Shipowners can join a subscription-based alert system that notifies them when a vessel of their fleet has a change in compliance standing or is flagged for suspicious habits, enabling them to actively monitor the compliance standing of their vessels and take motion the moment certainly one of their vessel’s threat standing adjustments. This helps them to keep away from unintended penalties corresponding to lacking out on a chartering deal.

“Innovation would not simply come within the type of know-how, but additionally within the type of enterprise companies and enterprise fashions,” stated Ami Daniel, Co-Founder and CEO of Windward. “Our prospects and prospects have been asking for much more data-driven companies and  we’re proud to be launching this on-demand on-line service which is able to stage the enjoying subject for 1000’s of organizations. Now Windward’s insights can be found to any firm within the maritime business enabling them to make sure compliance and conduct enterprise with confidence.”

The Windward On-line Portal presents crucial companies like BOL verification and credit score checks to help commerce finance banks and different delivery business stakeholders. The portal goes past conventional information sources when analyzing purple flags in commerce transactions and enhances buyer due diligence with referenceable credit score checks and distinctive information to mitigate credit score threat.

Shipowners and counter events also can buy one-off vessel compliance certificates via the portal to exhibit to potential enterprise companions {that a} vessel is not uncovered to any sanctions violations. The certificates assist safe enterprise quicker via clear documentation of vessel habits and possession and administration constructions. Within the coming months carbon emissions certificates may even be added to the portal.

About Windward

Windward is the main Predictive Intelligence firm fusing AI and massive information to digitalize the worldwide maritime business, enabling organizations to attain enterprise and operational readiness. Windward’s AI-powered answer permits stakeholders together with banks, commodity merchants, insurers, and main vitality and delivery corporations to make actual time, predictive intelligence-driven choices, offering a 360° view of the maritime ecosystem and its broader influence on security, safety, finance, and enterprise. For extra info go to windward.ai.

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SOURCE Windward

The above press launch was offered courtesy of PRNewswire. The views, opinions and statements within the press launch will not be endorsed by Grey Media Group nor do they essentially state or replicate these of Grey Media Group, Inc.

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