5th Jul 2023 11:52
Windward Ltd - Liverpool-based maritime predictive intelligence company - Announces partnership with London Stock Exchange Group PLC to tackle "sanctions-busting" in the global shipping industry. Windward's Maritime artificial intelligence technology will be used to augment the LSEG Workspace platform's existing shipping analytic capabilities. The technology will use AI and advanced behavioural risk assessments models to screen vessels for potentially illicit activity, such as turning off or altering a tracking device, and determine a risk profile. Windward says the Ukraine conflict highlights sanctions risks, with many high-risk tankers being Russian-affiliated and a "significant increase" in deceptive practices including "dark activity" and ship to ship transfers. Read More
