Windward Ltd - Tel Aviv-based maritime AI company - Launches non-maritime counterparty due diligence capability. Says capability will enable Windward’s customers to complete their due-diligence process with full third-party screenings all in one platform. This will enable smarter business decisions, reduce overall costs, and simplify investigation workflows, it adds.

‘ESG considerations are becoming increasingly critical for any company in the world,’’ says Co-Founder & CEO Ami Daniel. ’Additionally, sanctions regimes are constantly changing, and they go far beyond just the maritime industry. As economic sanctions become even more common, the more we will see companies trying to evade these sanctions, use deceptive shipping practices, and try to disguise their connections to illegal or sanctioned entities. Companies that wish to remain risk-free must adapt and bolster their due diligence processes to screen all entities they do business with, both within and outside the maritime domain, and Windward with its one-stop shop is providing just that.‘

Current stock price: 139.00 pence, down 32% since IPO in late 2021

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