New strategic alliance to assist global financial institutions to better manage risk in maritime supply chains
A new strategic alliance between leading maritime fleet monitoring and risk management solution provider, Pole Star and PwC and is aiming to help organisations involved in international trade to better manage their legal and regulatory obligations.
Pole Star and PwC partner to assist maritime trade organisations
SOCAR Trading program uses modern program Pole Star PurpleTRAC for tracking char
SOCAR Trading implements PurpleTRAC for its vessel compliance program
In October 2014, SOCAR Trading identified an opportunity to improve and streamline its compliance processes. When it came to sanctions compliance and due diligence for ships, SOCAR identified four key challenges to address and they set out to find and implement a technology solution that would give them the ability to screen ships before a voyage, track ships during their voyages and report on the due diligence performed on-demand, at any time of the day or night.