Windward to enhance Peninsula's compliance processes with AI-driven insights

In response to the ongoing Russia-Ukraine war, new regulations have been introduced by Western authorities, with the EU Commission’s latest sanctions package granting ports the authority to deny entry to vessels employing deceptive shipping tactics to bypass sanctions.

As a result, conducting thorough counterparty due diligence has become crucial in the maritime industry.

Embracing technological advancements is a fundamental principle for Peninsula, and within the realm of bunker trading and supply, Windward’s dynamic compliance feedback offers real-time insights that significantly influence decision-making processes.

Windward co-founder and chief executive Ami Daniel said, “As global regulations and sanctions become increasingly complex, it is essential for stakeholders to stay ahead of the curve so they can conduct more business with greater confidence. In line with this trend, a growing number of companies across the industry are turning to our Maritime AI to make better, faster, and more informed decisions, and help them mitigate risk effectively.” 

He added, “With our Maritime AI solution, Peninsula’s legal and risk teams will bolster its existing compliance programs with unparalleled insights into vessel activity, ownership structures, and company risks in real-time, providing Peninsula with a holistic and accurate view of maritime risk, and enabling it to navigate the turbulent trade environment with ease. This will enhance its day-to-day operations.”

By integrating Windward’s Maritime AI insights directly into Peninsula’s compliance processes through an API, legal and risk functions will have access to a risk score and flagged risk indicators for all associated vessels, empowering them to make more informed go/no-go decisions and to optimise efficiency.

Powered by advanced machine learning and behavioural analytics models, Windward’s Maritime AI platform provides customers with comprehensive insights into vessel behaviours, ownership structures, and company risks, while predicting high-risk entities in real-time.

These models and risk indicators are continuously updated to align with new regulations and behavioural patterns, ensuring customers are always ahead of the curve.

By leveraging Windward’s solutions, companies across the maritime trade industry can streamline their operations effectively.

With an international presence and operations in major world ports, Peninsula is a global leader in the supply of marine fuels, delivering energy solutions through an integrated supply chain and a robust trading network. With more than 25,000 deliveries annually and trusted partnerships with more than 2,000 customers worldwide, Peninsula continues to make a significant impact in the industry.