Ship Centric Sanctions Screening

Key Challenges:

Screening bank-financed ships carrying cargo, their ownership and management companies, and country associations for sanctions.

Verifying vessels were at the loading ports on the dates stated on the Bills of lading.

Tracking voyages to ensure vessels go to their intended destinations and do not stop in any sanctioned or blacklisted ports.

Monitoring the sanction status of the vessel and associated companies for the duration of the voyage.

Documenting all checks performed as a record of compliance.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists.

Our screening includes a movement history check that lists all ports visited up to the last 12 months and highlights ports considered high-risk or sanctioned.

Our forward tracking monitors the vessel’s movements in real time, recording all ports visited and voyage activity, and alerts users to events such as port entry/exit, arrival at final destination, sanction zone entry, according to their notification preferences.

Our daily rescreening notifies the user of any changes to the sanction status using data that’s updated every 24 hours.

Screening and trade reports serve as a timestamped, tamperproof record of the checks performed, the findings and the events logged during the voyage.

Key Challenges:

Checking that vessels are not on any sanction lists, or owned or managed by companies that are subject to sanctions before they can be chartered.

Monitoring vessels’ movements and sanction status for the duration of the charter.

Documenting all checks performed as a record of compliance for the financing banks and regulators.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists.

Our forward tracking monitors the vessel’s movements in real time, recording all ports visited and voyage activity, and alerts users to events such as port entry/exit, arrival at final destination, sanction zone entry, according to their notification preferences.

Screening and trade reports serve as a time-stamped, tamperproof record of the checks performed, the findings and the events logged during the voyage.

Key Challenges:

Screening ships and their associated companies before financing vessel purchases.

Knowing whether vessels that are being financed are still operational and have not been detained for Port State Control (PSC) deficiencies.

Tracking vessels that need to be arrested to recover assets.

Monitoring the sanction status of the ownership and management companies, flag, and country associations for any changes.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists. It also screens the vessel’s entire PSC history for deficiencies and detentions.

Our daily rescreening notifies the user of any changes to the sanction status using data that’s updated every 24 hours.

Our tracking uses AIS and Inmarsat meaning financed vessels can be tracked even when AIS terminals are switched off.

Key Challenges:

Checking that vessels are not on any sanction lists, or owned or managed by companies that are subject to sanctions before they can be insured.

Monitoring the sanction status of insured ships on a daily basis and quickly identifying any concerns.

Providing documentary evidence of compliance and monitoring.

In the case of War Risk insurers, being alerted to war risk zone entry and exit so that additional premiums can be charged.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists.

Our daily rescreening and exception reporting notifies users of the specific vessels that have sanction alerts using data that’s updated every 24 hours.

Tracking includes monitoring of war-risk zone entry and exit. Timestamped notifications include vessel position and trails.

Reports serve as a time-stamped, tamperproof records of the checks performed, the findings and the events logged during the monitoring period.

Key Challenges:

Screening vessels before bunkers can be supplied.

Having documentary evidence of the checks performed and the findings for clearing banks and regulators.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists.

Reports serve as a time-stamped, tamperproof records of the checks performed, the findings and the events logged during the monitoring period.

Key Challenges:

Screening vessels and their associated companies due to enter their territorial waters and ports against sanctions, narcotics trafficking, counter terrorism and nuclear proliferation watchlists.

Having documentary evidence of the checks performed and the findings for their clearing banks.

Pole Star’s Solution:

When you enter a vessel’s name or IMO number, our system automatically researches and screens its current and previous names, ownership and management companies, and country associations for sanctions using over 1,800 watch lists.

The results also show the ports previously visited by the vessel.

Reports serve as a time-stamped, tamperproof records of the checks performed, the findings and the events logged during the monitoring period.

Screens ships and their associates (associated group beneficial owner, registered owner, operator, ship manager and technical manager) against a comprehensive set of trade compliance lists (including over 400 economic sanctions, embargoes and denied party lists) to reveal their current and historic sanctioned status.

• Screens ships and their associated entities against a comprehensive set of trade compliance lists
• Includes over 400 economic sanctions, embargoes and denied party lists
• Checks current and historical sanctioned status
• Clear and concise results
• Easy to understand ‘traffic light’ icons highlight severity of the result
• Customise the severity of results based on your business’s definitions

The next layer of screening checks the flag of a ship and whether its associated group beneficial owner, registered owner, operator, ship manager or technical manager are domiciled, controlled, or registered in a sanctioned country.

• Identifies which country’s flag the vessel operates under
• Checks whether ship’s associated entities are domiciled, controlled, or registered in a sanctioned country
• Easy to understand ‘traffic light’ icons highlight severity of the result
• Customise the severity of results based on your business’s definitions

Screens up to 12 months of historic ship movement data to reveal whether the ship has called at the port of a sanctioned country, or any other country you define.

• Checks up to 12 months of ship movement data (customisable)
• High-quality AIS data
• Reveals whether a ship has called at the port of a sanctioned country
• Define the countries you want to return ‘critical’ or ‘warning’ results

Screens the ship against a range of class and Port State Control (PSC) inspection deficiency and detention databases and blacklisted ports. Customise the severity of results based on your business’s definitions.

Finally, the systems will warn you if a ship has called at a port subject to a current geopolitical threat e.g. Ebola risk countries.