11th Jan 2022 11:45
(Alliance News) - Windward Ltd on Tuesday said it has partnered with maritime software-as-a-service provider Maritech Services Ltd, as part of the 'Sea/' platform.
Windward, the Tel Aviv-based artificial intelligence software provider for the maritime industry, will integrate its AI platform into Maritech's Sea/ shipping services platform.
Windward shares were up 1.6% to 223.40 pence each on Tuesday morning in London.
Windward did not disclose financial details, but said Sea/ customers will contract directly with Windward to use their technology.
The integration will allow customers to view a vessel's risk score within the platform, thus "streamlining compliance and due diligence processes" in chartering negotiations.
Ami Daniel, Windward chief executive officer & co-founder, said: "The partnership widens the reach of our sanctions screening service into new areas of the shipping industry and we look forward to developing our global partner programme in 2022."
By Elizabeth Winter; [email protected]
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