MELBOURNE-founded RightShip and British maritime artificial intelligence company Windward are to join forces in a new partnership to de-risk chartering in a business facing increasing complications.
The partnership will see Windward’s sanctions insights integrated into RightShip’s platform and vetting workflow and aims to address the growing challenges faced by the maritime industry, including regulatory compliance, safety concerns related to the “dark fleet,” and ESG pressures, by providing comprehensive visibility in both pre and post fixture operations.
RightShip’s customers will now have the option to access Windward’s cutting edge AI-powered insights, including all deceptive shipping practices such as STS (ship-to-ship) meetings, dark activities, and GNSS (global navigation satellite system) manipulation along with the existing comprehensive ESG and safety data.
“This provides an unparalleled solution for safe, compliant, and sustainable chartering workflows,” the companies say. “Second and third lines of defence will be able to use the Windward platform for deeper investigations into vessels flagged during the screening process. Additionally, Windward vessel reports will be available on demand in the RightStore.
“This integration enhances efficiency and risk assessment by offering multi-source insights from both RightShip and Windward. Customers can access tailored risk insights, including Windward’s recently launched Organization Defined Risk, via the RightShip platform for comprehensive pre-fixture screening and post-fixture monitoring, ensuring the safe delivery of cargo.”
Earlier this year RightShip and the International Association of Dry Cargo Shipowners (INTERCARGO) joined forces to launch an independent, not-for-profit industry organisation dedicated to the administration of the Dry Bulk Management Standard (DryBMS) framework. DryBMS was developed by INTERCARGO and RightShip, with input from experts and stakeholders across the sector, as an industry tool to raise standards and best practices across safety, security, environmental performance, and social welfare in the dry shipping sector.