Windward launched Container Insights, a capability that provide live screening and tracking of containers and BOL verification.
The new capability aims to increase the efficiency of screening processes for trade finance transactions and enable government agencies to investigate suspicious containers.
Container Insights enables operators to provide data and track information on any container of interest and connect the container to any vessel, location, and entity.
The system also provides a validation capability for BOL verification and with insights on the actual delivery status, stakeholders can ensure critical transaction steps.
Governments can also leverage Container Insights to investigate leads regarding suspicious containers that are expected to arrive at a port. Ultimately, this data can support border control as well as customs and law enforcement operations in real time.
Containers are often being used for the smuggling of illicit goods. For example, UNODC seizure data indicates that most of the cocaine available in European drug markets is smuggled to Europe by sea, primarily in maritime container shipments entering at major container ports such as Antwerp, Rotterdam, Hamburg, and Valencia.
Risk insights for containers of interest and BOL verification are essential for any entity that deals with global trade to understand the full picture of who they’re conducting business with. This new capability combined with our Company Risk and Vessel Insights provides our users with a one-stop shop for all maritime trade operations
said Ami Daniel, CEO and Co-Founder of Windward.
