Windward, one of the leading Maritime AI companies, recently announced it has signed a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (“SGTraDex”), Singapore’s digital infrastructure for trade data exchange.
The strategic partnership aims to advance digital transformation in supply chain financing by co-developing tools and initiatives that strengthen due diligence, enhance compliance, and enable more informed financing decisions across the trade ecosystem. Under the terms of the MoU, both organizations shall endeavor to jointly develop industry solutions for the purpose of accelerating adoption of digital solutions in trade finance.The collaboration will leverage Windward’s advanced Maritime AI capabilities and SGTraDex’s role as a trusted digital utility connecting supply chain ecosystem partners. Together, the organizations will work to address evolving challenges in trade finance by promoting greater interoperability, transparency, efficiency, and digital connectivity across maritime trade operations.
“This partnership with SGTraDex represents a significant step forward in our mission to transform global trade through advanced AI and digital connectivity,” said Ami Daniel, CEO and Co-Founder of Windward. “Singapore is a strong leader in both the trade finance industry and global shipping, and SGTraDex is a key digital infrastructure leader in the region, making it the ideal partner for advancing maritime AI solutions. We are proud to collaborate with them to foster innovation that strengthens the integrity and resilience of international maritime trade.”
“Our collaboration with Windward aligns with SGTraDex’s mission to facilitate trusted, secure and inclusive data sharing across supply chain ecosystems,” said Tan Chin Hwee, Chairman of SGTraDex. “Windward’s cutting-edge Maritime AI capabilities complement our digital infrastructure, creating new opportunities to enhance trade and supply chain efficiency, as well as transparency. Together, we will promote the adoption of digital solutions that streamline information flows and build greater connectivity for the supply and trade ecosystem.”
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