Pole Star tracks and operationally monitors approximately 40,000 ships

Transcription

1 2014 Pole Star

2 Introduction Pole Star tracks and operationally monitors approximately 40,000 ships for over 1,250 clients located in over 90 countries. We were established in 1998 and have offices in London (HQ), Boston, Hong Kong, Panama, and Wollongong (Australia) with currently 80 staff, debt-free, and remaining privately owned and UK registered. We support our business with a 24/7 multi-national service team that is professional, passionate, and fluent in over 20 languages. We have received the Sunday Times Tech Track & International Track 100 awards and have won various awards for our work in maritime safety and counter-piracy.

3 Overview of Services

4 Commercial Marine Pole Star is a major provider of innovative commercial marine systems enabling our clients to track, monitor, and manage their assets worldwide. Our specific business applications include fleet logistics, safety services, counter-piracy security, and environmental compliance. Our services are used by over 1,250 companies with operational responsibility for 15,000 ships

5 Governments Pole Star is the leading provider of LRIT solutions to Governments (Long-Range Identification and Tracking). Our services are used by 46 Governments / Maritime Administrations (Flags), with responsibility for more than 16,000 ships. Our systems conform to rigorous IMO regulations, performance standards, and technical specifications. Our wider services are provided to overall 118 Government clients worldwide (inc. LRIT equipment testing and certification services, and fisheries compliance).

6 International Commodity Trading and Shipping (Financial Markets)

7 The current industry landscape Effect of regulations and sanctions Demonstrable best efforts Risks of noncompliance Achieving best management practice

8 High-level user requirements gathered We were asked to mitigate the ship-centric risk of money laundering and terrorist financing (in order to avoid the likely criminal, reputational, and commercial damage that would occur as a result of non-compliance), and in doing so; streamline risk management and sanctions compliance operations comprehensively reveal ships exposures to risk provide an auditable statement of compliance, and a system that; Would form a cornerstone of the organisation s sanctions & regulatory geospatial Best Management Practice.

9 Resultant PurpleTRAC system Demonstrates the highest levels of ship-centric regulatory compliance, Has been developed by the leader in advanced ship tracking analytics, Streamlines risk management and compliance in an easy-to-use system, Is delivered as SaaS and available to the whole organisation, Aggregates and analyses best-of-breed supplementary data services, Intelligently blends secure Inmarsat position data with AIS data, Restricts users from engaging with sanctioned entities, Provides real-time event-driven reporting by , Provides reports that are secure, tamperproof, and evidentiary, Delivers peace-of-mind.

10 PurpleTRAC key product features, UI functionality, and USPs.

11 System overview PurpleTRAC has an innovative and easy-to-use workflow-based UI.

12 12 Workflow (and external data services) IHS DJRC TRA Worldcheck (TBC) Orbcomm S-AIS MarineTraffic T-AIS Inmarsat C Screening (ship) Management (fleet) Trade (ship)

13 Screen Ship Simply search the AIS database for a ship to screen

14 Screen Ship Screen the ship and associated entities against a comprehensive range of international sanctions lists, ship movement databases, and Flag, Class and Port State Control (PSC) inspection records.

15 Screen Ship Global Sanctions Lists Obtain specific and detailed information regarding international sanctions list non-compliance.

16 Global Sanctions Lists analysis IHS (Seaweb) Group beneficial owner Registered owner Operator Ship manager Technical manager Dow Jones United Nations (UNSC) USA (OFAC, DoS, DoC, FBI, OCC, GAO, DGS, DoT), EU, UK (HMT), Switzerland (SECO), Aus, Can, Jap, Sin

17 Screen Ship Port State Control history Check the ship s Port State Control inspection history to identify deficiencies and detentions.

18 Port State Control Records analysis Inspecting Authority Inspection Date Detained / No. Defects No. Days Detained Released Date Port / Country Sources

19 Screen Ship Ship movement history Screens the ship s last 90 days historic AIS movements highlighting any comprehensively sanctioned country or highrisk port calls.

20 Ship Movement Analysis (90 days) Port Category - (OFAC Sanction Country and US Port Security Advisory) Country / Port Name Date & Time

21 Tracking Actively track ships on a long-term (continuous) or short-term (voyage) basis, Ships are screened daily against updated Dow Jones and IHS data.

22 Ship Information analysis (source IHS / AIS) Name, Flag, Type IMO No, MMSI Navigation Status (AIS) Position Speed, Course Destination (AIS) Last Updated

23 Tracking Hybrid track technology Combine ship position data from multiple satellite tracking services into a single coherent track

24 Intelligent data analytics (patent pending) Orbcomm S-AIS - High-density, global, variable availability / quality MarineTraffic T-AIS - High-density, ports (>50 km), real-time, variable quality Inmarsat C - Low-density, global, real-time, secure

25 Tracking Detection & alerts Actively monitor ship movements for key pre-defined events e.g. Entry / Exit in a sanctioned zone or War Risk area.

26 Enhanced Tracking MaRisk Near real-time updates on piracy, terrorism, insurgency, and other maritime crime around the world, 24/7.

27 Reporting Maintain an up-to-date record of all users historical and on-going activities, providing a tamper-resistant, auditable and verifiable statement of your organisation s geopolitical risk management and sanctions compliance activity.

28 Management Report Download a detailed management report to obtain an overview of the compliance status of all ships.

29 Trade Report Download a detailed trade report at the end of the voyage (or on demand thereafter).

30 Comprehensive data / Event capture with timestamps Secure / Tamperproof data with PDF output Legally proven / Evidentiary standard

31 The PurpleTRAC system will: Form a cornerstone of your organisation s sanctions & regulatory geospatial Best Management Practice. In conjunction with:

32 Thank you for your attention To request a consultation and free trial ASAP, please contact: Charles Ike: charles.ike@polestarglobal.com Simon Ring: simon.ring@polestarglobal.com Tel: +44 (0)