As one of the world’s leading paints and coatings manufacturers, Jotun operates across more than 100 countries and serves customers throughout the global maritime sector. To support responsible business conduct and effective risk management, the Norwegian company needed a more efficient and consistent way to assess vessel-related risk.
- Customer: Jotun A/S
- Industry: Paints and coatings
- Solutions: Seasearcher and Lloyd's List Intelligence data
- Use case: Vessel screening, risk assessment and due diligence
- Interviewee: Jan N A Ingebrigsten, Internal Control Systems Manager - Internal Audit
About Jotun
Founded in Norway in 1926, Jotun has grown into one of the world’s leading paints and coatings manufacturers, serving customers across four segments: Marine, Protective, Decorative Paints, and Powder Coatings.
Its customers include shipowners, shipyards, industrial companies, infrastructure projects, distributors, contractors and consumers worldwide.
Jotun’s Internal Control & Compliance function supports the company’s commitment to ethical and responsible business conduct. The team helps identify and manage risk, strengthen internal controls, support compliance with applicable regulations and enable informed decision-making across the organisation.
For a global company operating extensively within the maritime industry, understanding vessel-related risk is an important part of that responsibility.
The Challenge: Effective Controls, Inefficient Process
As maritime ownership structures became more complex and regulatory expectations continued to evolve, Jotun needed reliable, transparent insight into vessels, ownership structures, management companies, and other relevant risk factors.
“We wanted a solution that would improve efficiency, increase confidence in the underlying data, increase transparency in decision making, and provide clear documentation to support our assessments.”
Building a complete picture could require gathering information from multiple sources, making assessments more time-consuming and increasing the risk of inconsistency.
For Jotun, solving this challenge was about more than operational efficiency. Responsible business conduct is closely connected to the company’s values of Loyalty, Care, Respect and Boldness.
Jotun wanted to strengthen its ability to make informed, risk-based decisions while maintaining consistency, transparency and clear documentation throughout its screening and due diligence processes.
The data mattered. The partnership made the difference.
The quality and depth of maritime intelligence available through Lloyd’s List Intelligence were major factors in Jotun’s decision to work with us.
Through Seasearcher and Lloyd’s List Intelligence data, Jotun has access to vessel intelligence, ownership information, historical data and risk indicators that support the company’s screening and assessment processes. Jotun also uses Emissions, Risk & Compliance, Advanced Risk & Compliance and Counterparty Risk capabilities, providing additional intelligence to support its wider risk assessment and due diligence activities.
The relationship quickly extended beyond access to data and technology.
From the outset, Lloyd’s List Intelligence invested time in understanding Jotun’s business, its challenges within the maritime industry and its approach to responsible business conduct.
“The relationship has felt much more like a partnership than a traditional supplier-customer arrangement.”
Combining global maritime intelligence with local expertise
Today, Seasearcher and Lloyd’s List Intelligence data are important components of Jotun’s vessel screening and risk assessment processes.
Jotun draws on vessel intelligence, ownership information, historical data, emissions information, counterparty intelligence and risk indicators from Lloyd’s List Intelligence, combining these with itsown extensive knowledge and experience.
This includes:
- Deep sector expertise
- Local market knowledge from employees around the world
- Internal customer and project information
- Risk-based assessments conducted by experienced personnel
This combination gives Jotun a practical decision-support framework that brings together trusted external intelligence and informed human judgement.
Rather than replacing internal expertise, Lloyd’s List Intelligence helps Jotun apply that expertise more effectively.
The result is a stronger foundation for faster, more reliable and better-informed decisions.
From information gathering to informed decision-making
One of the most significant improvements has been the ability to make better informed decisions more efficiently.
With maritime intelligence available through a trusted platform, Jotun has reduced the amount of time teams spent collecting and validating information from multiple sources.
This allows employees to focus more of their time on understanding risk, applying context and making decisions.
The approach has also helped improve consistency across assessments. Teams operating in different markets can work from a common source of maritime intelligence while continuing to apply their own local knowledge and experience.
Transparency has improved too.
Decision-makers have a clearer understanding of the information influencing an assessment and can more easily review and document the rationale behind individual decisions.
The benefits observed by Jotun include:
- Faster access to relevant vessel information
- Stronger documentation supporting decisions
- Improved consistency in assessments across regions
- Increased transparency throughout the screening process
- Reduced time spent collecting and validating data
- Greater confidence among users and decision-makers
Internal feedback has been particularly positive around the ease of accessing information and the ability to support decisions with reliable, documented intelligence.
Creating a common foundation for collaboration
An additional benefit has been improved cross-functional collaboration.
“Through interaction with Lloyd’s specialists, we have gained valuable insights and strengthened our own internal competence.”
Having a common source of trusted maritime intelligence means teams can spend less time debating or gathering underlying information and more time discussing the business decision and the risks associated with it.
The relationship with Lloyd’s List Intelligence has also contributed to Jotun’s own internal knowledge.
Access to maritime specialists, combined with ongoing training and discussion, has helped create a relationship based on knowledge sharing, trust and collaborative problem-solving.
For Jotun, this has become an important part of the value of working with Lloyd’s List Intelligence.
Supporting responsible growth
The use of Seasearcher directly supports Jotun’s wider commitment to responsible business conduct, strong governance and effective risk management.
By combining trusted external maritime intelligence with internal expertise and local market knowledge, Jotun has developed a robust framework that supports both operational efficiency and long-term business sustainability.
Teams can spend less time finding and validating information and more time analysing risk and making informed decisions.
Stronger documentation and clearer audit trails have also reinforced governance and accountability throughout the process.
This enables Jotun to make decisions that reflect its values while maintaining the agility required of a global organisation operating in a complex maritime environment.
More than a maritime intelligence provider
"Lloyd’s List Intelligence has provided more than a maritime intelligence platform; they have become a trusted partner. By combining reliable Seasearcher data, vessel risk indicators and ownership intelligence with Jotun’s industry expertise and local market knowledge, we have created a robust and transparent decision-making framework that supports faster, better-informed decisions and responsible business conduct.”
Jan N A Ingebrigtsen - Internal Control System Manager - Internal Audit, Jotun
For Jotun, the value of Lloyd’s List Intelligence lies not only in the quality of the maritime intelligence available through Seasearcher, but also in the expertise, responsiveness and collaborative approach of the people behind it.
By combining trusted intelligence with human expertise, Jotun has created a stronger approach to vessel risk assessment and a foundation for more confident decision-making across its global business.
Make maritime intelligence part of better decision-making
Lloyd’s List Intelligence combines trusted maritime data, powerful screening capabilities and specialist expertise to help organisations understand risk and make more confident decisions.
