The Windward blog

Executive education

Private sector prepares to meet maritime sanctions compliance

Shipping plays a significant role in the global supply chain. This fact hasn’t been overlooked by regulators, as they continuously shift some of the responsibilities on stopping sanctions evasions towards the maritime ecosystem. For years, the financial sector has been viewed as the key gateway for sanction evasions.    The recent OFAC advisory has, for the…

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Windward

No ship is an island

A conversation between Windward CEO Ami Daniel and CEO of Anglo-Eastern, Bjorn Hojgaard  The player doesn’t load? Click here to listen to the recording When thinking of shipping, it is natural to gravitate towards vessels; however, it is just as important to think of the men and women who operate the ships. Today, the…

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Windward

Beyond the ships at sea

A decade ago, we set out to shed light on what’s really happening at sea; A daring mission to harness cutting edge technologies and provide an innovative look at maritime data, with the goal of creating a paradigm shift in understanding, analyzing and providing insights into behaviors at sea. Today, we are proud to share…

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Windward

Mutual interests

A conversation between Windward CEO Ami Daniel and Chairman of the International Group of P&I Clubs (IG) and CEO of North P&I Club, Paul Jennings  The player doesn’t load? Click here to listen to the recording The current global events have challenged the shipping industry, and particularly, marine insurers. Today, they must manage increased…

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Maritime security

Criminals don’t waste a good crisis

Regardless of their location on land, in the sky or at sea, criminals have one thing in common: they will always try to exploit weaknesses.  As the stakes get higher, the novel ways in which criminals try to circumvent the systems and securities that protect us change. This forces law enforcement agencies and businesses to…

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Maritime innovation

Deep meetings

The idea of ships meeting at sea with one another may seem strange; however, there are a variety of reasons that could explain why they do. For example, ships might meet for fueling, transship cargo such as oil or fish, to change crew, let a pilot on board, and more.   While most of these reasons…

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Executive education

Know Your Vessel – Case studies in steering clear of sanctions evasion

Download Full Paper Global trade financing is an increasingly complex task for financial institutions, especially when vessels are involved. Many authorities now expect financial institutions to implement sophisticated controls when it comes to shipping. These include screening and monitoring for potential sanctions violations, trade-based money laundering, and other high-risk transactions. Recently, the U.S. Office of…

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Windward

Holding on to value

A conversation between Windward CEO Ami Daniel and Keld Demant, Group CEO at Bunker Holding.  The player doesn’t load? Click here to listen to the recording Drastic global changes can rapidly impact even the most traditional businesses. While Covid-19 fast-forwarded innovation and talk of digitization, it also reminded companies of the importance of personal…

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Maritime safety

A world without safety inspections 

The implications of COVID-19 are reverberating across the globe, impacting every aspect of daily life, including, surprisingly, maritime safety. Among the many impacts of COVID-19 on shipping is a significant reduction in physical safety inspections of ships. Port State Control authorities are only checking high-risk vessels, tankers are missing SIRE inspections, and other surveys are…

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Windward

Navigating the Perfect Storm

A conversation between Windward CEO Ami Daniel and Guy Mason, Global Head of Shipping, BP.   The player doesn’t load? Click here to listen to the recording COVID-19 has transformed the global community. For the oil and shipping industry, it created the Perfect Storm – challenging not only the commercial environment and the way people…

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Executive education

Know Your Vessel (KYV): The essentials

Today, it is not enough to “Know Your Customer” (KYC);  in the dynamic world of trade sanctions, you need to know more – you need to “Know Your Vessel” (KYV). As trade sanctions increase worldwide, knowing which vessels you can safely do business with is of increasing importance across the wider business environment.   We recently…

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Maritime compliance

The curious case of the SU RI BONG

Every year, the UN Security Council Panel of Experts on North Korea publishes an update on the DPRK, the impact of sanctions and the increasingly sophisticated ways Pyongyang evades them. The most remarkable case we’ve ever encountered – involving almost every deceptive shipping practice in the book – is that of the SU RI BONG….

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