The Windward blog

Emissions reduction targets
Windward

3 ways to get shipping on track to emission reduction targets: Lessons from COP26

During the ICS event in Glasgow, our team quickly understood how the industry feels about the impending emission reduction targets set by the IMO. Overall, there was a sense of determination to change and achieve, in some cases, even exceed the goals. The attendees announced net-zero plans, making it clear that the shipping industry is…

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Solving the AIS data problem
Windward

Solving the AIS data availability problem

The maritime industry is all too familiar with AIS (Automatic Identification System) transmission gaps. Literally and figuratively, these gaps leave stakeholders in the dark. To manage risk in this environment, maritime professionals look to AIS data providers. But having the right data points is only half the battle. Aggregating them in a meaningful way is…

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Earth observation
Windward

Unlocking next-level insights with earth observation data

The earth observation industry is having a moment. Data technology leaders like Viasat, HawkEye 360, Inmarsat, and Planet, have hit the news with impressive funding rounds, acquisitions, and product milestones. And the global satellite-based earth observation market is only expected grow with a CAGR of 8.5% during 2020-2025. So what is contributing to this trend?  Earth observation data is…

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Maritime risk discovery
Maritime compliance

Maritime risk discovery 101: A guide for financial institutions

Maritime risk can come as an afterthought in compliance. But the collapse of Hin Leong made it clear for players in the physical commodity market that in order to fight fraud and trade-based money laundering (TBML) risk, there is a critical need to enhance maritime due diligence. Maritime transport accounts for 90% of all traded goods. So…

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Ocean freight
Windward

Ocean freight visibility and how technology can help a disrupted market

“It’s called supply chain because the chain is meant to be broken,” says Peter Sundara, Head of Global Ocean Product at Visy. We sat down with Sundara, who previously worked at Maersk, Agility, Flexport, and most recently was Vice President of Global Freight Management at Li & Fung Logistics, to discuss the challenges facing the…

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Proving compliance
Maritime compliance

Proving compliance: Do you have the right tools?

So much energy goes into meeting regulatory requirements that stakeholders are often after a simple metric: avoiding penalties for sanctions violations. But what happens when sanctions do hit? Strong tools are just as important when there are gaps in compliance. Because let’s be honest — it’s impossible to cover 100% of potential risk factors. What…

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MDA
Maritime security

Maritime domain awareness, simplified: How border security teams can unlock maritime insights

Maritime domain awareness (MDA) tools help support border security. But staying ahead of bad actors can be a resource-intensive operation. Monitor your waters well, and major busts and security events can be prevented. On the flip side, a bottleneck operation can be a major setback to safely managing risk. So how do you accurately prioritize…

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From risk to opportunity: A flywheel approach to sanctions compliance
Maritime compliance

From risk to opportunity: A flywheel approach to sanctions compliance

In the energy and trade sector, sanctions compliance is a not-so-pretty but necessary part of doing business. Less talked about, however, is the opportunity hidden in the process. So we asked our VP commercial, Ron Crean, to share his insights on how your risk operations can actually become a lever for growth.  The sanctions compliance flywheel According…

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North Korean sanctions evasion tactics
Windward

What’s new in the world of sanctions and the DPRK?

North Korean sanctions evasion practices are only getter more sophisticated and more advanced. The last eighteen months have been a watershed for sanctions compliance. OFAC’s May 2020 advisory took center stage in the regulatory environment. And the industry reacted almost without missing a heartbeat. Compliance teams onboarded new tools and systems to cope with the…

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COP26
Windward

A climate crisis and a summit for change: How can the right data help?

The COP26 climate summit is coming up – where climate activists from across the world will meet, and Windward is proud to participate this year. And while climate conferences are key for constructive dialogue, they are in no way enough. On this topic, Greta Thunberg recently said that the targets for reaching net-zero are a…

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GNS manipulation
Maritime compliance

GNSS manipulation 2.0: Practice makes perfect

GNSS manipulation is not old news. In fact, bad actors are only just getting started. Last year, the OFAC and the OFSI advisories provided guidance for the industry on maritime red flags – specifically coined by the UN Panel of Experts, as deceptive shipping practices. Deceptive shipping practices are tactics commonly used by bad actors…

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Maritime AI
Windward

What is maritime AI?

Maritime AI is a term for machine learning models uniquely attuned to maritime nuances and data. Maritime AI is the result of models which are trained on thousands of dynamic maritime data points.  The data quality is crucial here. From AIS transmitters, radar signals, and imagery data, a multi-source data pool helps deliver a real-time…

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