Latest news with #AmiDaniel
Korea Herald
17-07-2025
- Business
- Korea Herald
Windward and SGTraDex Sign Strategic Partnership to Advance Digital Trade Finance Solutions
The Maritime AI leader and Singapore's digital trade infrastructure will collaborate to enhance industry tools and promote digital adoption across the trade finance sector LONDON and SINGAPORE, July 17, 2025 /PRNewswire/ -- Windward, the leading Maritime AI™ company today announced it has signed a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. ("SGTraDex"), Singapore's digital infrastructure for trade data exchange. The strategic partnership aims to advance digital transformation in supply chain financing by co-developing tools and initiatives that strengthen due diligence, enhance compliance, and enable more informed financing decisions across the trade ecosystem. Under the terms of the MoU, both organizations shall endeavor to jointly develop industry solutions for the purpose of accelerating adoption of digital solutions in trade finance. The collaboration will leverage Windward's advanced Maritime AI™ capabilities and SGTraDex's role as a trusted digital utility connecting supply chain ecosystem partners. Together, the organizations will work to address evolving challenges in trade finance by promoting greater interoperability, transparency, efficiency, and digital connectivity across maritime trade operations. "This partnership with SGTraDex represents a significant step forward in our mission to transform global trade through advanced AI and digital connectivity," said Ami Daniel, CEO and Co-Founder of Windward. "Singapore is a strong leader in both the trade finance industry and global shipping, and SGTraDex is a key digital infrastructure leader in the region, making it the ideal partner for advancing maritime AI solutions. We are proud to collaborate with them to foster innovation that strengthens the integrity and resilience of international maritime trade." "Our collaboration with Windward aligns with SGTraDex's mission to facilitate trusted, secure and inclusive data sharing across supply chain ecosystems," said Tan Chin Hwee, Chairman of SGTraDex. "Windward's cutting-edge Maritime AI capabilities complement our digital infrastructure, creating new opportunities to enhance trade and supply chain efficiency, as well as transparency. Together, we will promote the adoption of digital solutions that streamline information flows and build greater connectivity for the supply and trade ecosystem." About Windward Windward is the leading Maritime AI™ company, providing an all-in-one platform to accelerate global trade. Windward's AI-powered decision support and exception management platform, enhanced with Generative AI, offers a 360° view of the maritime ecosystem and enables stakeholders to make real time, predictive intelligence-driven decisions to achieve business and operational readiness. By integrating advanced AI and Generative AI capabilities, Windward delivers deeper insights, automated risk analysis, and enhanced maritime intelligence and context. Windward's Maritime AI™ supports companies across industries. The company's clients range from energy supermajors, shipowners, mining companies, freight forwarders, and port authorities, to banks, insurers, and governmental organizations. For more information visit: About SGTraDex Launched on 1 June 2022, the Singapore Trade Data Exchange ("SGTraDex") is a digital utility that facilitates the sharing of data between supply chain ecosystem partners, streamlining information flows through a common data highway where data can be shared in a trusted, secure and inclusive manner. SGTraDex is a public-private partnership founded by IMDA, PSA, Trafigura, DBS, Jurong Port, OCBC, ONE, Advario, PIL, Standard Chartered and UOB. Their proprietary technology aims to resolve pain points in supply chain ecosystems including a heavy reliance on a paper-based system which lacks efficiency, transparency, and sustainability. The move to digitalise information will increase productivity and build supply chain resilience. New efficiencies and opportunities will be unlocked when ecosystem partners can collaborate to achieve a shared visibility of the end-to-end supply chain.
Yahoo
17-07-2025
- Business
- Yahoo
Windward and SGTraDex Sign Strategic Partnership to Advance Digital Trade Finance Solutions
The Maritime AI leader and Singapore's digital trade infrastructure will collaborate to enhance industry tools and promote digital adoption across the trade finance sector LONDON and SINGAPORE, July 17, 2025 /PRNewswire/ -- Windward, the leading Maritime AI™ company today announced it has signed a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. ("SGTraDex"), Singapore's digital infrastructure for trade data exchange. The strategic partnership aims to advance digital transformation in supply chain financing by co-developing tools and initiatives that strengthen due diligence, enhance compliance, and enable more informed financing decisions across the trade ecosystem. Under the terms of the MoU, both organizations shall endeavor to jointly develop industry solutions for the purpose of accelerating adoption of digital solutions in trade finance. The collaboration will leverage Windward's advanced Maritime AI™ capabilities and SGTraDex's role as a trusted digital utility connecting supply chain ecosystem partners. Together, the organizations will work to address evolving challenges in trade finance by promoting greater interoperability, transparency, efficiency, and digital connectivity across maritime trade operations. "This partnership with SGTraDex represents a significant step forward in our mission to transform global trade through advanced AI and digital connectivity," said Ami Daniel, CEO and Co-Founder of Windward. "Singapore is a strong leader in both the trade finance industry and global shipping, and SGTraDex is a key digital infrastructure leader in the region, making it the ideal partner for advancing maritime AI solutions. We are proud to collaborate with them to foster innovation that strengthens the integrity and resilience of international maritime trade." "Our collaboration with Windward aligns with SGTraDex's mission to facilitate trusted, secure and inclusive data sharing across supply chain ecosystems," said Tan Chin Hwee, Chairman of SGTraDex. "Windward's cutting-edge Maritime AI capabilities complement our digital infrastructure, creating new opportunities to enhance trade and supply chain efficiency, as well as transparency. Together, we will promote the adoption of digital solutions that streamline information flows and build greater connectivity for the supply and trade ecosystem." About Windward Windward is the leading Maritime AI™ company, providing an all-in-one platform to accelerate global trade. Windward's AI-powered decision support and exception management platform, enhanced with Generative AI, offers a 360° view of the maritime ecosystem and enables stakeholders to make real time, predictive intelligence-driven decisions to achieve business and operational readiness. By integrating advanced AI and Generative AI capabilities, Windward delivers deeper insights, automated risk analysis, and enhanced maritime intelligence and context. Windward's Maritime AI™ supports companies across industries. The company's clients range from energy supermajors, shipowners, mining companies, freight forwarders, and port authorities, to banks, insurers, and governmental organizations. For more information visit: About SGTraDex Launched on 1 June 2022, the Singapore Trade Data Exchange ("SGTraDex") is a digital utility that facilitates the sharing of data between supply chain ecosystem partners, streamlining information flows through a common data highway where data can be shared in a trusted, secure and inclusive manner. SGTraDex is a public-private partnership founded by IMDA, PSA, Trafigura, DBS, Jurong Port, OCBC, ONE, Advario, PIL, Standard Chartered and UOB. Their proprietary technology aims to resolve pain points in supply chain ecosystems including a heavy reliance on a paper-based system which lacks efficiency, transparency, and sustainability. The move to digitalise information will increase productivity and build supply chain resilience. New efficiencies and opportunities will be unlocked when ecosystem partners can collaborate to achieve a shared visibility of the end-to-end supply chain. For more information, visit View original content to download multimedia: SOURCE Singapore Trade Data Exchange Services Pte. Ltd.
South China Morning Post
27-06-2025
- Business
- South China Morning Post
‘No link Israel': vessels near Strait of Hormuz signal nationalities to deter attacks
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data on Thursday. The signals have been used since conflict broke out between Israel and Iran early this month, which led the US to strike Iranian nuclear sites. US President Donald Trump brokered a ceasefire after 12 days of war but the maritime threat remains elevated, the Joint Maritime Information Centre (JMIC) said. 'The perception among shipowners is that due to the convoluted nature of shipping it's hard to know or ascertain clearly a chain of ownership to nationalities which may be under higher threat in shipping, namely the UK, US and Israel,' said Ami Daniel, chief executive officer of Windward. Fifty-five vessels transmitted 101 atypical messages across the Gulf and Red Sea from June 12-24, Windward said, including 'China owned' and 'Russian crude', in the hope of preventing attacks because those countries are less likely to be targeted than Western ships. Commercial maritime traffic surged 30 per cent on June 24, the day after the ceasefire, according to the JMIC. Roughly a fifth of the world's fuel and oil consumption moves through the Strait of Hormuz.
Yahoo
26-06-2025
- Politics
- Yahoo
Vessels near Strait of Hormuz transmit unusual messages to prevent attacks
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) -Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data on Thursday. The signals have been used since conflict broke out between Israel and Iran early this month, which led the U.S. to strike Iranian nuclear sites. U.S. President Donald Trump brokered a ceasefire after 12 days of war but the maritime threat remains elevated, the Joint Maritime Information Center (JMIC) said. "The perception among shipowners is that due to the convoluted nature of shipping it's hard to know or ascertain clearly a chain of ownership to nationalities which may be under higher threat in shipping, namely the UK, U.S. and Israel," said Ami Daniel, chief executive officer of Windward. Fifty-five vessels transmitted 101 atypical messages across the Gulf and Red Sea from June 12-24, Windward said, including "China owned" and "Russian crude", in the hope of preventing attacks because those countries are less likely to be targeted than Western ships. Commercial maritime traffic surged 30% on June 24, the day after the ceasefire, according to the JMIC. Roughly a fifth of the world's fuel and oil consumption moves through the Strait of Hormuz. Vessels typically broadcast their destinations or say "For Orders". Occasionally, vessels also transmit messages such as "Armed Guards on Board" to deter pirates or other attacks. Unusual messages were almost only seen in the Red Sea before June 12, said Windward's Daniel. The Red Sea had been the focus of a series of attacks by Houthi rebels since the Israel-Gaza war broke out. "I've never seen it in the Persian Gulf," Daniel said. Panama-flagged container ship Yuan Xiang Fa Zhan, bound for Pakistan, was broadcasting "PKKHI all Chinese" on Thursday as it crossed the Strait of Hormuz, according to LSEG data. China-flagged supertanker Yuan Yang Hu was broadcasting "Chinese ship" on Thursday morning while crossing the Strait of Hormuz. Carrying crude oil from Saudi Arabia to China, the signal changed to "CN NBG", the Chinese Port of Ningbo-Zhoushan, once the vessel had cleared the Strait. Singapore-flagged container ship Kota Cabar was signalling "Vsl no link Israel" as it sailed through the Red Sea. JMIC also warned of electronic interference in the region affecting Global Navigation Satellite System (GNSS). A jammed GNSS can cause ships to go off course, increasing the risk of collision with other vessels or obstacles.
Economic Times
19-06-2025
- Business
- Economic Times
Oil tanker collision: Why ships are getting lost on radar in the narrow Strait of Hormuz, where one-fifth of the world's oil passes
Oil Tanker Collision: Navigation data shows sharp turn Why the Oil Tanker Collision in Strait of Hormuz matters Electronic interference suspected Live Events Iran silent on collision (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Two oil tankers caught fire after colliding 24 nautical miles off the United Arab Emirates' east coast on Tuesday. Authorities said no crew member was hurt and no oil entered the sea. The UAE coast guard moved 24 people from the tanker Adalynn to Khor Fakkan port. The crew on the second tanker, Front Eagle, stayed on board as the blaze on its deck was contained. Owner Frontline said an investigation will follow, with no sign of outside Eagle was carrying two million barrels of Iraqi crude to Zhoushan, China, according to Adalynn, owned by India‑based Global Shipping Holding Ltd, had no cargo and was heading toward the Suez wrote on X that the Front Eagle 'executed a starboard (right) turn, resulting in a collision with the port quarter (aft port side)' of the slower‑moving collision happened near the Strait of Hormuz, the narrow channel that carries roughly one‑fifth of the world's seaborne crude. Any disruption here can unsettle global energy markets and maritime insurance costs. The Strait of Hormuz links the Gulf with the Gulf of Oman and the Arabian Sea. Data from Vortexa shows that 17.8 million to 20.8 million barrels of crude, condensate and fuels moved through the narrow passage each day between January 2022 and May clash came as ships in the Gulf report signal problems during missile exchanges between Iran and Israel. A U.S.-led maritime centre said it received reports of interference near Iran's Bandar Abbas port and other Gulf areas. Windward, a shipping analysis firm, counted almost 1,000 ships affected since the fighting began. Its chief executive Ami Daniel said, 'There is usually no jamming in Strait of Hormuz and now there is a lot.'Tehran, which has threatened before to close the strait in response to Western pressure, has not commented on Tuesday's crash or on the wider reports of signal disruption.
