A global banking and financial services company approached us to help them verify the movements of a fleet of vessels to identity any that were operating in sanctioned country ports.
The Lloyd’s List Intelligence data team were able to take the list of vessels and set up a daily data feed to the bank. This data feed is now systematically ingested into the banks internal system and allows them to monitor the fleet for sanctioned port callings. The data also includes port callings and departures from the exclusive relationship that Lloyd’s List Intelligence holds with the
Lloyd’s Agency Network. The data feed shows the bank port callings even when a vessel turns off its AIS to call at a sanctioned port.
The bank is able to complete their due-diligence with confidence and avoid costly fines and reputational damage.