The Windward Blog

Get the latest Maritime AI insights and trends from our team experts

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?

The maritime risk technology landscape is crowded and complex. So how do you know which technologies are right for your operations? In this blog, we’ll cover the basics of maritime AI and why it matters. Maritime AI models are capable of independently assessing maritime events and predicting the risk associated with them. How? Maritime AI…

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LPG tanker risk
Maritime compliance

Where there is profit, there is a way: Insights on LPG tanker risk

In the world of sanctions, all eyes are on oil tankers. But LPG (liquified petroleum gas) tankers are also a prime target for bad actors. According to Bloomberg, the energy market in Asia is driving new demand for alternatives to natural gas. And they’re willing to pay top dollar. As a result, LPG purchases – including…

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Expert talk with BAFT
Maritime compliance

Expert talk with BAFT: 3 must-ask questions to evaluate maritime risk

When OFAC and the USCG came out with an advisory on sanctions compliance, they set the regulatory bar very high – requiring all stakeholders in the shipping and trading industry to meet enhanced due diligence standards. As a result, the need to go beyond list-matching and towards a more dynamic approach to evaluating maritime risk…

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