Maritime AI firm Windward and oil & gas AI specialist Vortexa are partnering to pool maritime data to provide greater visibility of compliance and risk factors across the world’s tanker fleet. The collaboration will benefit both global chartering and physical trading.

The partnership is designed to enable tanker charterers, shipping companies and other global maritime stakeholders to evaluate and select vessels more quickly and accurately after assessing maritime risk

In a statement, the two companies described the collaboration as the industry’s first data sharing agreement for maritime cargo flow and risk.

Windward brings to the collaboration its vessel risk assessment capabilities based on its AI-driven Predictive Intelligence. For its part, Vortexa provides real-time and detailed global cargo level information and ship-to-ship tracking data.

The collaboration aims to address the need to mitigate risk for charterers, shipping companies, and other stakeholders in the global maritime ecosystem, enabling them to minimise physical trading and operational risks and avoid heavy fines and costly delays.

Windward’s AI-based risk metrics are now available within Vortexa’s platform at the vessel level, while Vortexa’s cargo data will strengthen Windward’s ability to measure vessel risk more accurately.

According to a statement from the two companies, the amalgamation of Windward’s and Vortexa’s data will allow maritime stakeholders to identify and reduce risk as part of their high-stakes trading and chartering decisions.

“Partnering with Vortexa is a win-win for global maritime intelligence and risk mitigation,” said Ami Daniel, CEO of Windward. “Both companies have highly specialised capabilities and data, and sharing intelligence on certain risk factors will enable each company to continuously improve their offerings so maritime stakeholders can conduct business with confidence.”

“Our partnership with Windward will enable physical trading and tanker chartering opportunities shown at Vortexa’s analytics platform to be analysed together with vessel risk factors provided by Windward,” said Fabio Kuhn, Founder and CEO of Vortexa. “This unique combination of predictive intelligence will help our clients to physically trade with a greater level of confidence and avoid some of the most P&L-destroying operational and compliance ‘surprises’.”