Press releases & announcements

• Sedna’s new product includes vessel data from Lloyd's List Intelligence
• This data will allow charterer users to make more informed, confident fixture decisions

22 February 2024, London, UK - Sedna, a data-driven communication software company, and Lloyd's List Intelligence, the trusted source for maritime data and intelligence, have today announced a new partnership. 

The agreement facilitates the integration of Lloyd's List Intelligence’s industry-leading vessel tracking data into Sedna’s newest AI-driven solution, Pulse. This first version of Pulse is designed to help maritime chartering teams compare fixture opportunities more easily by providing vessel data and availability information in one place.

Charterers receive thousands of emails per day containing market data about future vessel availability. To successfully fix a ship, they need to analyse all the data contained in the emails, as well as consult several other data sources. This slows them down and makes it difficult to compare key information and take action on fixtures. This complicated process results in duplicated work and manual errors, leading to missed opportunities and reduced profitability.  

Pulse, a new AI-driven solution from Sedna, unlocks critical data that lives in the charterer’s inbox and turns it into easy to digest formats to drive competitive advantage. Pulse sits on top of an email inbox, extracting and consolidating data within emails into a single, customised view. This shortens the entire analysis process and allows charterers to find deals faster and generate more business. 

Available as an add-on feature, Pulse will display Lloyd's List Intelligence insights on live vessel AIS positions, vessel characteristics, ownership history, sanctions compliance analysis and other risk indicators - without needing to leave the app. 

The new partnership between Sedna and Lloyd's List Intelligence advances both the collaborative agenda of Sedna, who believes in an open partner ecosystem to further global trade’s digital transformation, and Lloyd's List Intelligence’s mission to bring bring clarity and transparency to seaborne trade, enabling customers to access key decision-making insights in their day-to-day work.

Commenting on this strategic partnership:

Michael Dell, CEO Lloyd's List Intelligence, said: “We are really pleased to be integrating with Sedna. The partnership showcases our commitment to reducing complexity and day to day friction for charterers, and we are aligned with Sedna’s goals to reduce operational inefficiency and mitigation of operational risks.” 

Bill Dobie, Founder & CEO of Sedna added: “Data is at the heart of shipping, and having seamless access to accurate, consistent and comprehensive information isn’t just needed for future industry success, but is desired for current business needs. We are thrilled to be partnering with Lloyd’s List Intelligence because connections to trusted data sources make us confident that Pulse will become a go-to solution for charterers, unlocking their competitive edge through data-driven decision making.”  

About Sedna
Sedna elevates global trade to unparalleled levels of profitability and excellence. By harnessing data-driven communication, Sedna facilitates efficient, responsive and competitive business in global trade, turning the tide towards streamlined communication and strategic insights. Across maritime, commodities and logistics & supply chain businesses, Sedna unlocks new avenues for profitability and operational excellence at the heart of the global economy. 

Discover more on our website and Linkedin.

Press Contact Details
press@sedna.com
Phone: +447774335341

About Lloyd’s List Intelligence
Lloyd’s List Intelligence is the industry expert for maritime insight, data, and analytics trusted by more than 60,000 professionals across the globe to drive commercial advantage, evaluate risk, and support the efficient and lawful movement of seaborne trade.

Lloyd’s List Intelligence Media Contact: tom.amber@lloydslistintelligence.com 

We are delighted to announce that Lloyd’s List Intelligence have been recognised at this year’s Regulation Asia Awards for Excellence – winning the Best TBML & Trade Compliance Solution category for our Seasearcher suite of data and analytics solutions. 

The Regulation Asia awards panel credited Lloyd’s List Intelligence for its reliability and technological expertise in the trade compliance space. The judges highlighted the high-quality, accuracy and comprehensiveness of the data used in screening, along with its predictive modelling and automated vessel monitoring capabilities, saying these help firms “move away from manual vessel monitoring” and “provide certainty on risk”.

Further to this win, Lloyd’s List Intelligence were Highly Commended in the Best Data Provider category in the Fraud & Financial Crime category for our suite of data solutions with the awards panel crediting our approach to ensure our data is high-quality, accurate and comprehensive, as well as our ability to empower institutions to conduct comprehensive due diligence and enhance risk management. “By ensuring accurate and complete data, Lloyd’s List Intelligence gives firms certainty on risk and helps them avoid possible penalties associated with AML and sanctions non-compliance,” remarked one judge on the awards panel.

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the Award 2023 winners, visit www.regulationasia.com/awards.

Financial technology solutions provider MonetaGo has selected Lloyd’s List Intelligence as a data partner to strengthen its real-time interruption of fraudulent trade financing attempts through the authentication of key trade documents.

MonetaGo is the world’s leading provider of best-in-class fraud detection and prevention solutions for trade finance. Its Secure Financing system is the first third-party service available through Swift API, accessible to 11,000+ institutions worldwide on the Swift network.

Secure Financing enables banks, non-bank financial institutions, fintechs and trade finance funds to verify documents such as invoices, bills of lading, warehouse receipts and purchase orders, before deciding to finance them. The solution hashes relevant information from documents to create a unique fingerprint, which is compared in MonetaGo’s global registry to identify if the same document has been used in a prior financing.

The system also provides financiers with an additional layer of security against potential fraud attempts by verifying documents against trusted data sources to identify falsification or tampering.

Under the new partnership, MonetaGo will incorporate Lloyd’s List Intelligence’s trade and maritime data in the Secure Financing system, to provide Bill of Lading verification, container location and loading, vessel tracking and container movements for the entire voyage, including actual ports of load and discharge, vessels involved and transhipment points on route to destination.

“Lloyd’s List Intelligence is the industry leader in providing actionable insight into the global maritime industry, including the most complete near-time maritime data covering almost 90% coverage of global bill of lading issuances,” says Chas McNee, Strategic Partnership Manager at Lloyd’s List Intelligence. “Integrating our analytics into MonetaGo’s Secure Financing system furthers our mission to drive commercial advantage, evaluate risk, and support the efficient and lawful movement of seaborne trade.”

Financiers can now leverage Lloyd’s List Intelligence vessel information to authenticate and verify the underlying information when reviewing trade documents within the Secure Financing system, thereby mitigating the risk of forged documents being presented for financing.

“Working hand in hand with partners worldwide, we have made tremendous progress in the fight against trade finance fraud,” says Neil Shonhard, CEO of MonetaGo. “In collaboration with Lloyd’s List Intelligence, we are now further strengthening financiers’ visibility into the validity of transaction data submitted by borrowers, delivering on our goal of ensuring bad actors have nowhere to hide.”

Lloyd’s List Intelligence have partnered with Dow Jones to bring fast and efficient dual use goods screening to its Seasearcher customers.

Export Control data from Dow Jones is now integrated with Seasearcher, allowing users to search across a number of lists all in one place to expose dual use goods risk, investigate export restrictions and bring to light potential links to financial crime.

Dual Use Goods screening data is delivered as an enhancement to the Seasearcher platform and will soon be made available via API.

In an increasingly pressurised market, professionals in maritime trade finance and other shipping sectors are under scrutiny to detect whether a shipment is carrying goods that have a potential dual use in armaments. They also need to check whether that shipment is licenced under regional or national regulations. Any possible connection to money laundering is another key concern.

Seasearcher Dual Use Goods will enable maritime compliance professionals to overcome these challenges. Its industry-wide benefits include:

• A centralised view, saving compliance teams time when consulting multiple sources to detect dual use goods risk.
• Verification of shipment descriptions as an addition to vessel screening workflows, enabling greater efficiency and transparency.
• Elimination of inconsistent terminology within trade documentation.

Leading private equity firm Montagu has announced an agreement to acquire Maritime Intelligence, commonly known as Lloyd’s List Intelligence, from Informa plc.

Lloyd’s List Intelligence is a leading provider of maritime data, insight and intelligence, widely used across the shipping ecosystem, extending to the finance, legal, academic, insurance and government sectors. Its market-leading products provide reliable, high-quality data and actionable analytics, which help professionals make informed decisions on compliance, risk management and operations.

The business consists of maritime data and analytics, legal reference sources and insight services, including Lloyd’s List, the industry-leading source for global shipping news, analysis and insight with origins stretching back to 1734, and Insurance Day.

Maritime Intelligence chief executive, Michael Dell, said: “We are delighted to join Montagu and the suite of knowledge-led and tech-enabled businesses in their portfolio.

“Partnering with Montagu supports our continued delivery of innovative maritime analytics for customers and we are confident of a bright and prosperous future under their leadership.”

Montagu director Edward Shuckburgh added: “Maritime Intelligence is a unique business with a historic legacy and reputation hard-won over hundreds of years. It is complementary to our portfolio of data and analytics investee companies with strong current growth and revenue acceleration potential. We are pleased to welcome the business to the Montagu family.”

The Montagu portfolio includes global aerospace and defence information service, Janes.

Following the launch of vessel risk ratings that help trade finance and compliance professionals evaluate operational risk more easily, Lloyd’s List Intelligence are pleased to announce their partnership to provide this data on the Traydstream platform.

To further support trade compliance needs, clients can now access Lloyd’s List Intelligence vessel information when reviewing trade documents for Letters of Credit, Collections and Open Account transactions from within the Traydstream platform.

The expanded data provides vessel risk indicators and invaluable Bill of Lading tracking for the whole voyage, including transshipment information. This is sourced from Lloyd’s List Intelligence quality assessed vessel characteristics, ownership and real-time tracking data.

Traydstream’s OCR engine extracts all the necessary data points to provide a fully automated document checking service as part of an integrated compliance review process.

“Traydstream platform efficiency and Lloyd’s List Intelligence’s vessel and voyage analytics enable better decision making and reduce the costs, complexities and risk of trade,” said Uzair Bawany, Chief Commercial Officer at Traydstream. “Our mission has always been to focus on the pain points that document checkers face, by ensuring that they have the right information, at the right time.”

Lloyd’s List Intelligence, part of Informa, has been at the heart of the industry for over 300 years, providing the intelligence, data and expertise that support the shipping market and keep global trade moving efficiently.

“Working with select partners like Traydstream enables us to further support customers with managing their day-to-day work more efficiently. Combining our vessel and voyage risk analytics and maritime data expertise with Traydstream’s platform furthers our continuous mission to innovate and support ever-evolving market needs,” noted Thomas Richmond, Strategic Partnerships Manager at Lloyd’s List Intelligence.

OrbitMI, Inc., a global provider of maritime SaaS software, today announced its partnership with Lloyd’s List Intelligence, the trusted expert partner providing actionable insight into the global maritime industry for 300 years. OrbitMI has partnered with the company, which is part of Informa PLC, as an additional provider of both vessel characteristics as well as company and ownership data for tankers.

The data will be integrated and visualized throughout Orbit, the company’s suite of integrated maritime solutions. Orbit is explicitly designed in its product architecture with an integration layer to pull in multiple systems and data feeds into one unified interface, allowing the company to respond to customer demands.

2050 compared with a 2008 baseline. Given the historically and financially assumed 20-year lifespan of vessels, the maritime sector must ensure that zero-emission vessels are operating on a commercial scale on deep-sea trade routes by 2030, opening the way for a large-scale deployment in the 2030s and 2040s. 

“At OrbitMI, we’re looking to collaborate and build partnerships with like-minded, world-class, customer-centric companies like Lloyd’s List Intelligence who allow us to deliver a technology solution that fits our customers’ workflow,” said Ali Riaz, Chairman and CEO of OrbitMI. “Lloyd’s List Intelligence is one of the most respected and influential brands in maritime and have a shared vision of transparency and sharing within our industry.”

The unparalleled real-time data from Lloyd’s List Intelligence will allow OrbitMI to offer its customers with insights that empower them to make better decisions, and ultimately move their business forward.

“Being data-driven used to be an aspiration,” added Riaz. “Now, it’s imperative.”

Following on the heels of a record-setting webinar in June of last year on maritime intelligence, the two organizations continued to expand their partnership with research and successful lead generation programs. The ongoing discussions throughout 2020 have all led to today’s announcement.

“OrbitMI is both nimble and innovative,” said Michael Dell, President, Lloyd’s List Intelligence. “We have spent the last year working closely with OrbitMI and building this partnership. We are happy to be part of a solution that is driving the transparency and the ever-evolving transformation of the maritime industry."

About OrbitMI

OrbitMI is a software company headquartered in New York City with offices in Sweden, Norway Serbia and Greece, supported by our global partners, whose purpose is to unlock the value in the data the maritime sector generates. By transforming raw data into actionable insights and predictive intelligence, OrbitMI helps maritime become more efficient, profitable, and sustainable.