The European Union’s (EU’s) latest sanctions against Russia are on the horizon, with its 16th sanctions package agreed upon by EU envoys this week (February 19, 2025). While the full list of sanctioned entities and individuals will apparently only be published next week, the package signals further tightening of restrictions – particularly on the maritime...
Data integrity is everything in the supply chain and logistics ecosystem. Every decision, such as which shipment option to book or when to schedule haulage for, relies on accurate and timely information. But one of the biggest challenges is that carrier milestone data is never 100% complete, because the real world is messy. Every supply...
Deceptive shipping practices are tactics employed by bad actors to avoid detection and possible sanctions. But why are maritime stakeholders under the spotlight? The reason that regulators continuously shift increasing responsibility on due diligence towards the maritime ecosystem is because shipping plays a significant role in the global supply chain. This fact hasn’t been overlooked by regulators, as they. The recent advisory from U.S. authorities has, for the first time, detailed the responsibilities and expectations that private businesses connected to the maritime sector must adhere to.
OFAC numbered seven deceptive shipping practices that should be part of an effective compliance process. But simply knowing about them is not enough. How do you identify deceptive shipping practices with traditional matching tools? Well, you can’t. Bad actors today have become experts of their craft and the only way to keep up is with dynamic, AI-powered tools.
As trade sanctions increase, knowing which vessels you can safely do business with is of growing importance across the wider business environment. Today, it is not enough to “Know Your Customer” (KYC); you need to “Know Your Vessel” (KYV). And only strong tools are capable of identifying real-time risk factors at the vessel level.
We recently published a guide on exactly what executives need to know when it comes to deceptive shipping practices. Below are some key takeaways:
New decade, new standards – recent advisories published by U.S. and U.K authorities have raised the bar for players across the supply chain
Goodbye matching tools – Identifying deceptive shipping practices is drastically different from traditional sanctions list screening.
By analyzing vessel behaviors, organizations can proactively identify counterparties that may expose them to sanctions risk.
A sophisticated regulatory environment calls for a sophisticated solution. So what should you do? Onboard more tools and train more staff? The resulting costs and resources, without necessarily more accuracy, can outweigh the benefits. To help our partners manage at risk at scale, Windward automatically vets risk, while accounting for hundreds of risk factors in real-time.
Get the guide to learn more.
Featured posts
Risks & Compliance
EU’s 16th Sanctions Package: What Traders & Shippers Need to Know (And Do)
The European Union’s (EU’s) latest sanctions against Russia are on the horizon, with its 16th sanctions package agreed upon by EU envoys this week (February 19, 2025). While the full list of sanctioned entities and individuals will apparently only be published next week, the package signals further tightening of restrictions – particularly on the maritime…
Mind the Data Gap – The Bridge from Assumptions to Accuracy
Data integrity is everything in the supply chain and logistics ecosystem. Every decision, such as which shipment option to book or when to schedule haulage for, relies on accurate and timely information. But one of the biggest challenges is that carrier milestone data is never 100% complete, because the real world is messy. Every supply…
Underwater Threats are Rising – Windward’s New AI Solution Offers Protection
High-profile attacks on critical maritime infrastructure suddenly seem to be occurring one after the other. These acts of undersea sabotage are a new type of “gray warfare.” They can do tremendous damage, but are often opaque and offer plausible deniability for the perpetrators. Recent examples of cables damaged by anchors in the Baltic Sea and…
Has American President Donald Trump launched a trade war? How will his latest moves affect your organization? And what can you do to remain prepared for the coming impact on the global supply chain and changing trade routes? A Quick Recap Things are changing so quickly, it’s hard to keep up! First, President Trump backed…
This Undersea Infrastructure Capability Was Called “Invaluable” During a Masterclass
Recent events in the Baltic and Northern seas highlight the growing vulnerability of critical undersea infrastructure systems and the geopolitical complexities tied to their security. These critical lifelines are under increasing threat. With damage – both accidental and deliberate – on the rise, the fragile nature of this infrastructure is coming into sharper focus. This…
The “Gemini Cooperation” Collaboration is Going Live. Ready?
Hapag-Lloyd and Maersk agreed to form a new operational collaboration named “Gemini Cooperation.” It will commence in February 2025. “The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability,” according to Maersk. “Gemini Cooperation will cover seven trades and offer 57 services including mainliner and dedicated shuttle services, complemented by feeder…
The Journey to Success: Celebrating Windward’s 200th Customer Milestone
Windward is proud to announce a significant milestone in our journey: reaching 200 customers. The success we have achieved for and with our ocean freight, trading and shipping, and government customers stems from our ability to provide innovative technology and services that produce AI-powered, actionable insights. Customers choose Windward and then stay with us for...
Webinar: Russia’s Invasion Impact on Maritime Deception and Ecosystem
Windward’s webinar brought together a diverse group of experts to cut through the noise around the impact of Russia’s war on the diverse maritime ecosystem. Exclusive data from Windward’s Maritime AI™ platform, along with insights from the industry-expert guests, enabled the sharing of unique perspectives. The webinar was filled with actionable tactics and ideas that...
Navigating deception: the impact of Russia’s invasion on the maritime ecosystem
Windward’s webinar brought together a diverse group of experts to cut through the noise around the impact of Russia’s war on the diverse maritime ecosystem. Exclusive data from Windward’s Maritime AI™ platform, along with insights from the industry-expert guests, enabled the sharing of unique perspectives. The webinar was filled with actionable tactics and ideas that...
By Irit Singer, Chief Marketing Officer, Windward 2022 was the year that the maritime ecosystem collectively realized that there is simply too much raw data for manual parsing and the landscape changes too rapidly. The world seemed to go crazy: Coronavirus and closures…war, sanctions, and a price cap…new deceptive shipping practices…plummeting ocean freight prices and...
