Credit assessment with total confidence
How to conduct a thorough credit assessment with Seasearcher Counterparty Risk.
The right credit decision starts with the right intelligence
Extending credit in the maritime markets is uniquely challenging. Many counterparties are non-disclosure or low-disclosure entities, financial data is scarce, and ownership structures are deliberately opaque. Getting it wrong means bad debt, margin erosion, and reputational damage.
Seasearcher Counterparty Risk, powered by Infospectrum, gives credit managers the independent intelligence they need to set appropriate payment terms, benchmark counterparties consistently, and protect their business from the cost of poor credit decisions — all within the timeframes that trade demands.
35k+
counterparty risk reports in one database
400+
new and updated reports each month
6
impartial credit rating indices
40
analysts based globally
Make sure you know who you're actually dealing with
In a market where many entities trade under multiple names, operate through complex holding structures, and resist disclosure, getting accurate KYC information is the critical first step in any credit assessment.
Our analysts verify legal identity, domicile, ultimate beneficial owners, directors, and key management — discreetly and thoroughly — giving credit teams a clean, confirmed starting point before any limit is set or term agreed.
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Will they pay? On time? We find out before you have to ask
Financial statements alone rarely tell the full story. Counterparty Risk reports go further — assessing financial scale, operational performance, and real-world payment behaviour from a network of established and trusted market contacts and primary research.
Each report contains impartial ratings across six dimensions, including payment performance and credit opinion, giving credit managers a consistent, comparable basis for every decision — whether they're approving a first trade or reviewing an existing limit.
The six rating indices
Financial scale
Size and financial footprint of the entity.
Overall performance
Operational track record and market standing.
Payment performance
Real-world payment behaviour and history.
Credit opinion
Independent assessment of creditworthiness.
Overall rating
Composite risk score across all dimensions.
Review period
Suggested timeframe for next reassessment.
Trusted by the global maritime community
Ratings built on two factors algorithms can't replicate — rigour and human judgement
Any model can score a counterparty. What makes our ratings different is how they're produced. We utilise a proprietary two-part methodology combining the consistency of structured data analytics with the contextual expertise of experienced maritime analysts — so every rating reflects not just what the numbers say, but what they mean in the context of that company, that market, and that moment.
The Two-Part Rating Methodology
1. Contextualise data analytics with human intelligence
A process of authenticating, validating, and interpreting both the quantitative and qualitative information that feeds the ratings model.
- Verifying ownership, UBOs, and corporate structure
- Assessing financial position and operating scale
- Investigating market references and payment history
- Reviewing sanctions, regulatory, and ESG records
2. Apply our proprietary ratings model
A methodical, structured analysis that converts verified intelligence into a consistent, comparable rating — covering six dimensions and providing a real-time basis for credit and trade decisions.
- Compliance and governance risk
- Strategic, operational, and financial metrics
- Payment performance track record
- Adverse legal, regulatory, or compliance records
The result: A proven industry essential
Our resulting assessment means that credit managers get ratings that are rigorous enough to withstand internal audit scrutiny, granular enough to differentiate between counterparties with similar financial profiles, accurate even in the absence of filed accounts, and fast enough to support same-day trade approvals.
It's the only ratings methodology specifically designed for the realities of maritime and commodities credit — where data is scarce, structures are complex, and decisions can't wait.
