Windward & SGTraDex Partner to Digitize Global Trade Finance with Maritime AI

Maritime AI leader Windward has entered into a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (SGTraDex) to drive supply chain finance digitalization. The strategic partnership will concentrate on creating groundbreaking tools that enhance due diligence, compliance, and data-driven decision-making throughout the global trade value chain.

The terms of the agreement will see Windward and SGTraDex collaborate to build industry-specific solutions to drive wider adoption of digital technologies in trade finance. The undertaking will bring together Windward's cutting-edge Maritime AI capabilities with SGTraDex's secure digital infrastructure to facilitate better interoperability, efficiency, and transparency in maritime and trade operations.

Key Highlights-

• Windward and SGTraDex signed a strategic MoU to accelerate digital transformation in trade finance using AI-powered maritime tools
• The partnership will enhance due diligence, compliance, and interoperability across the global trade and supply chain ecosystem
• Leaders from both firms highlighted the collaboration’s role in fostering secure, transparent, and efficient digital trade infrastructure

Ami Daniel, CEO and Co-founder of Windward said, “This collaboration with SGTraDex is a major milestone in our efforts to revolutionize international trade using cutting-edge AI and digital interconnectivity. Singapore is an industry leader both in global shipping and the trade finance sector, and SGTraDex is a regional digital infrastructure leader, so it is the perfect partner for driving maritime AI technologies. We are honored to work with them in order to stimulate innovation that enhances the integrity and resiliency of global maritime trade."

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Tan Chin Hwee, Chairman of SGTraDex, highlighted the fit with SGTraDex's mission, "Our partnership with Windward fits SGTraDex's vision of supporting trusted, secure and inclusive data sharing in supply chain ecosystems. Windward's advanced Maritime AI capabilities enhance our digital infrastructure, providing new opportunities for improving trade and supply chain efficiency, as well as transparency."

The partnership is set to facilitate the next generation of digital innovation in the maritime industry and international trade finance.