Digital maritime platform RightShip is teaming up with London Stock Exchange Group to help screen vessels and companies in line with global sanctions.
The partnership will integrate LSEG’s World-Check into RightShip’s platform, allowing users such as port and terminal operators, charterers and traders to screen partners for risks associated with sanctioned or embargoed vessels.
“Transparency, supported by data, is crucial for addressing the increasing challenges and scrutiny in the shipping sector’s governance,” said Steen Brodsgaard Lund, chief executive, RightShip.
“By collaborating with top maritime due diligence and sanctions intelligence providers, we’re offering our customers a vetting solution that fills the gaps in their shipping risk management workflows.
“Through this partnership, we aim to help organisations navigate the maritime industry’s growing complexities, ensuring they remain compliant, minimise risks, and maintain confidence in their trading activities.”
World-Check will enhance RightShip’s vetting processes with a database containing more than four million records, supported by over 400 specialists.
The integration will encompass all maritime vessels listed on sanctions, watchlists and enforcement lists.
This includes information on vessels that are registered in, linked to, or flying the flag of a sanctioned country or entity. When applicable, it will also cover details of the registered owners and beneficial owners connected to these vessels, ensuring comprehensive coverage and transparency.
