Why now?
Global trade is changing; security must keep up
The global shipping industry is facing unprecedented pressure. The volume of goods moving across borders is growing rapidly, but so are the risks—illicit trade, evolving regulations, and geopolitical disruptions are creating a more complex environment than ever before. Traditional approaches to container inspections and security are no longer enough. To stay ahead, real-time, data-driven solutions are essential.
Surge in global trade volume
Projected Growth:
Infrastructure Strain: This growth exerts additional pressure on ports, customs, and logistics operators, increasing the potential for bottlenecks and security vulnerabilities.
Our Solution: Implementing a scalable, AI-powered risk management platform enables efficient and secure handling of increased cargo volumes.
3-4% increase
Global container volumes are anticipated to grow per year for both 2024 and 2025.
Intensifying security threats
Cyber attacks
The maritime sector has seen a significant rise in cyber incidents, with over 80% of these attacks originated from state-linked actors.
Geopolitical tensions
Recent geopolitical tensions have disrupted major shipping routes, forcing vessels to reroute and causing substantial delays and increased costs.
Tampering and illicit cargo
Ports handling high volumes of containers are at greater risk of smuggling operations, where criminal organizations tamper with shipments to hide illicit goods such as drugs, weapons, or counterfeit products.
Evolving regulatory pressures
Stricter sanctions
Governments are enforcing more rigorous sanctions and trade restrictions, with non-compliance leading to severe penalties.
Environmental mandates
New environmental mandates, such as the European Union's Emissions Trading System, impose additional costs on non-compliant vessels.
Cargo Transparency Requirements
Governments are mandating stricter rules to combat forced labor and ensure ethical supply chains, such as the Uyghur Forced Labor Prevention Act (UFLPA).
Untapped Potential in Data Utilization
Despite the availability of vast amounts of data from container routes, environmental sensors, and manifests, many organizations lack the tools to analyze and act upon this information effectively.
Our platform is being designed to enhance decision-making and operational efficiency for the global supply chain ecosystem.
Cost of inaction
Operational delays
Inefficient inspections leading to supply chain disruptions.
Financial losses
Increased susceptibility to theft, smuggling, and hefty fines due to non-compliance.
Security breaches
Elevated risk of illicit goods entering the supply chain, compromising national and global security.
Reputational damage
Erosion of trust among partners and clients due to perceived unreliability.