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Windward Launches Detention & Demurrage Automation Solution, Eliminating Cost Uncertainty and Unlocking Cash Flow for Freight Forwarders & Supply Chain Operators

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Windward’s AI-based solution will enable its customers to take back control of demurrage and detention charges, reduce reliance on carriers, improve customer service, and stop revenue leakage.

LONDON, Feb. 26, 2025 /PRNewswire/ — Windward (LSE: WNWD), the leading Maritime AI™ company, today announced the launch of its AI-Powered Detention & Demurrage (D&D) automation solution, the first step in a mission to revolutionize global trade with Gen AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders, the D&D automation solution processes customer contracts at scale and calculates and communicates actual D&D costs in real time by accounting for all variables ranging from tariff extraction to shipment mapping and contract details. 

Detention and Demurrage (D&D) charges are a critical problem in the industry and are among the most persistent and costly challenges in freight forwarding and supply chains. Forwarders operate in a chaotic, high-volume environment with fragmented ecosystems and contracts that differ by carrier, port, cargo type, currency, and customer terms with D&D charges ranging from $75 to $300 per container per day.

Windward’s D&D Automation solution gives back control to the freight forwarders and eliminates these inefficiencies by providing a real-time, automated approach to detention and demurrage management. The platform takes into account customer-specific tariffs, account port-specific terms, free days, holidays, and working hours. By processing customers’ unstructured data (e.g., tariffs, contracts) at scale, Windward enables the shift of these processes to AI-driven automation, accelerating invoicing cycles for freight forwarders and reducing the billing time from over 30 days to under a minute.

“Demurrage and detention have traditionally been a complex process that has required a lot of human resources to manage and coordinate for both customers and us as forwarders. At Rhenus Logistics, we are always on the lookout for innovative technologies. By integrating Windward automation into our Detention and Demurrage processes, we now have a substantially more efficient procedure. This not only increases the speed but also enhances the efficiency of the detention and demurrage calculations performed by our operations teams today,” said Alberto Martinez, VP Global Ocean Freight at Rhenus Logistics.

The solution also enhances financial control, enabling companies to verify carrier invoices instantly, detect discrepancies, and proactively prevent overcharges. By automating and eliminating challenging manual workflows including the frustrating process of reconciliation, Windward empowers teams to optimize costs, strengthen customer trust, and maintain financial agility.

At the core of the solution are Windward’s proprietary AI & Gen AI Models, which take unstructured data in any format including complex carrier and customer tariffs, along with Windward’s existing data repository to ensure comprehensive and accurate data integration. This AI foundation not only powers real-time shipment tracking and accurate D&D cost calculations but also lays the groundwork for broader automation across global trade workflows. MAI Expert™, Windward’s virtual subject matter expert, provides detailed cost breakdowns, explanations, and exception alerts, offering full visibility into every charge and a scalable, user-friendly way to communicate these charges to customers and stakeholders.

“Detention and Demurrage charges are by far one of the biggest pains our customers talk about. It is a financial drain in the freight industry, creating unnecessary operational friction,” said Ami Daniel, CEO and Co-founder of Windward. “With D&D Automation, we’re taking our AI technology to the next level and providing our customers with the control over the financial operations they need for business growth. This launch is just the first step, as we plan to introduce document management and automation into a wide range of workflows that plague the industry and make our customers grow their businesses even faster.”

About Windward

Windward (LSE: WNWD), is the leading Maritime AI™ company, providing an all-in-one platform to accelerate global trade. Windward’s AI-powered decision support and exception management platform, enhanced with Generative AI, offers a 360° view of the maritime ecosystem and enables stakeholders to make real time, predictive intelligence-driven decisions to achieve business and operational readiness.

By integrating advanced AI and Generative AI capabilities, Windward delivers deeper insights, automated risk analysis, and enhanced maritime intelligence and context. Windward’s Maritime AI™ supports companies across industries. The company’s clients range from energy supermajors, shipowners, mining companies, freight forwarders, and port authorities, to banks, insurers, and governmental organizations.

For more information visit: https://windward.ai/.

Media Contact
David Hoffman
Headline Media
david@headline.media
+972-52-842-1955

 

View original content:https://www.prnewswire.com/news-releases/windward-launches-detention–demurrage-automation-solution-eliminating-cost-uncertainty-and-unlocking-cash-flow-for-freight-forwarders–supply-chain-operators-302385814.html

SOURCE Windward

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Acron Aviation and Deutsche Aircraft Sign Long-Term Partnership for Advanced Flight Recorder and Standby Solutions for the D328eco® Programme

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ST. PETERSBURG, Fla., July 21, 2026 /PRNewswire/ — Acron Aviation and Deutsche Aircraft have announced a long-term partnership and the signing of a supply agreement for Flight Recorder and Standby solutions for the next-generation D328eco, a regional turboprop that is designed, certified and industrialised in Europe.

Designed to meet evolving operational and regulatory requirements, Acron Aviation’s 25-hour Recorder and Standby solutions combine proven reliability with advanced technology to enhance aircraft safety, operational efficiency and lifecycle performance. This directly supports Deutsche Aircraft’s vision to deliver a regional aircraft that meets the highest performance and certification standards, while enabling sustainable flight operations.

The agreement secures the supply of flight recording and standby instrumentation systems for the D328eco programme, further solidifying Deutsche Aircraft’s industrial and supplier ecosystem as the aircraft progresses towards entry into service.

“This agreement represents more than a supplier relationship; it is the beginning of a long-term partnership built on shared values, innovation and a commitment to advancing regional aviation,” said Ron Nye, President of Acron Aviation. “We are proud to support Deutsche Aircraft and the D328eco programme with our trusted Recorder and Standby solutions. As one of Europe’s most forward-looking aircraft manufacturers, Deutsche Aircraft is helping redefine sustainable regional flight, and we are delighted to contribute technologies that support the programme’s operational integrity and long-term success.”

This partnership reflects a mutual commitment to strengthening aerospace supply chains through long-term collaboration and innovation. By pairing Deutsche Aircraft’s next-generation regional aircraft with Acron Aviation’s expertise in safety-critical avionics, both companies are shaping the future of regional aviation.

“Building strong, long-term relationships with suppliers is fundamental to the success of the D328eco® programme,” said Patricia Ferrari, Vice President Supply Chain at Deutsche Aircraft. “Acron Aviation’s extensive expertise in safety-critical avionics systems and their proven track record makes them an important partner as we continue to mature our industrial ecosystem. This agreement reflects our shared commitment to quality, innovation and delivering a next-generation regional aircraft that meets the evolving expectations of operators and regulators worldwide.”

The D328eco is a next-generation 40-seat regional turboprop developed and industrialised in Germany to meet the growing demand for efficient and sustainable regional connectivity. Building on the proven heritage of the Dornier 328, the aircraft integrates advanced technologies to reduce emissions, improve fuel efficiency and enhance economic performance. Supported by a growing network of strategic industry partners, the programme continues to move forward to deliver a modern regional aircraft tailored to the needs of airlines, passengers and communities.

NOTE TO EDITORS

About Acron Aviation

Acron Aviation, an Acron Technologies company, is strategically aligned to deliver world-leading commercial aviation solutions designed to serve aircraft operators and airframe manufacturers across the globe. Our expertise extends to multiple facets of commercial aviation from OEM certified avionics to state-of-the-art simulation devices, best-in-class pilot training and market-leading flight data analytics. With a global footprint, we are uniquely positioned to deliver comprehensive, cutting-edge solutions that enhance our customers’ operations and further our mission of innovating to create safer skies.

For more information visit acronaviation.com.

About Deutsche Aircraft

Deutsche Aircraft is a German manufacturer of regional aircraft, building on the Dornier legacy to develop modern, efficient and sustainable aviation solutions. The company is advancing the D328eco, a next‑generation 40‑seat turboprop designed to improve fuel efficiency, reduce emissions and enhance operating economics for regional airlines.

As the type certificate holder for the existing Dornier 328 turboprop and jet fleet, Deutsche Aircraft aligns long‑standing technical expertise with continuous innovation. The industrialisation of the D328eco is centred at the company’s new carbon‑neutral, fully digital, final assembly line at Leipzig/Halle Airport, a facility designed to produce up to 48 aircraft per year and create 250 to 350 highly skilled jobs.

Full production readiness is planned for early 2027. The D328eco will progress through its flight test campaign, beginning with the first flight in 2026, with entry into service planned for Q4 2027.

View original content to download multimedia:https://www.prnewswire.com/news-releases/acron-aviation-and-deutsche-aircraft-sign-long-term-partnership-for-advanced-flight-recorder-and-standby-solutions-for-the-d328eco-programme-302829843.html

SOURCE Acron Aviation

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Corporate Governance Asia recognizes SM Group with 24 awards

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PASAY CITY, Philippines, July 21, 2026 /PRNewswire/ — The SM Group received 24 awards from Hong Kong-based publication Corporate Governance Asia, underscoring the conglomerate’s performance in governance, sustainability, investor relations, and corporate leadership amid an increasingly complex global operating environment.

SM Investments Corp. (SM Investments), the parent company of the SM Group, received eight awards, including the Sustainable Asia Award, Asia’s Best CSR, Best Corporate Communications, and Best Investor Relations.

SM Investments President and Chief Executive Officer Frederic C. DyBuncio was named Asia’s Best CEO (Investor Relations), while Executive Vice Presidents Erwin G. Pato and Franklin C. Gomez were recognized as co-awardees for Asia’s Best CFO (Investor Relations). Timothy Daniels, consultant and head of investor relations and sustainability, was also cited as Best Investor Relations Professional.

“We are honored to receive this recognition from Corporate Governance Asia. Governance and sustainability remain embedded in how we operate, helping strengthen resilience, support disciplined decision-making, and enable long-term value creation for our various stakeholders,” Mr. DyBuncio said.

The awards come as companies across the region navigate heightened economic volatility, geopolitical uncertainty, and growing climate-related risks.

BDO Unibank received nine awards while SM Prime Holdings Inc. received seven awards.

The recognitions were conferred during the 16th Asian Excellence Awards, which carried the theme “Reshaping Asian Leadership in a Changing Global Economic Landscape and Climate Change.”

Corporate Governance Asia is a regional publication focused on corporate governance, sustainability, investor relations, and boardroom leadership across Asia.

About SM Investments Corporation

SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.

Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines. Its banking interests include BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, one of the country’s largest private domestic banks.

For more information, please visit www.sminvestments.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/corporate-governance-asia-recognizes-sm-group-with-24-awards-302830593.html

SOURCE SM Group

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Paymob and UnionPay Expand Digital Payment Acceptance Across Egypt

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CAIRO, July 21, 2026 /PRNewswire/ — UnionPay International (UPI), the global payment network, has announced a massive expansion of its digital footprint in Egypt through a strategic partnership with Paymob, the leading financial services enabler in the MENA region. The collaboration has officially enabled over 160,000 POS terminals across Egypt to accept UnionPay cards, unlocking an unprecedented opportunity for local businesses to tap into lucrative, high-spending international consumer markets.

This scale-up marks a game-changing milestone for digital payments in Egypt and the wider region. It represents the rapid execution of a landmark strategic cooperation agreement signed between both parties in September 2025. In a powerful demonstration of agility and institutional alignment, the partnership moved from formal signing to full market implementation in just eight months. The original agreement was executed under the prestigious witness of both the Central Bank of Egypt and the People’s Bank of China, underscoring the geopolitical and economic importance of the corridor.

Paymob, led by Endeavor Entrepreneurs Islam Shawky, Alain El Hajj, and Mostafa Menessy, has leveraged its cutting-edge infrastructure to rapidly activate UnionPay card acceptance. This swift, large-scale commercial deployment connects millions of international cardholders directly to local Egyptian merchants, unlocking new horizons for cross-border payments, global trade, and Egypt’s accelerating digital economy.

With Egypt aggressively scaling its position as a top-tier global tourism and business hub, this expanded acceptance network empowers local merchants to seamless capture frictionless, card-present and digital payments across all major sectors,  including luxury hospitality, high-end retail, fine dining, historical tourism excursions, and transport services.

For Egyptian businesses, this initiative goes far beyond basic financial inclusion; it provides direct, frictionless access to massive international purchasing power. By eliminating reliance on physical cash exchanges and foreign currency friction, local merchants are now uniquely positioned to maximize their average basket sizes, accelerate transaction speeds, and drive immediate bottom-line revenue growth within the digital economy.

Through this infrastructure upgrade, businesses located in Egypt’s primary tourism epicenters, coastal resorts, and bustling commercial capitals can offer international visitors a familiar, trusted, and premium payment experience, driving immediate customer loyalty and unlocking previously inaccessible sales volume.

“Egypt stands at the forefront of global tourism and cross-border trade, attracting millions of affluent global visitors annually”, said Mr. Feng Chen, General Manager of UnionPay International, ” By expanding UnionPay card acceptance across Paymob’s vast merchant ecosystem, we are not just smoothing out the payment experience for global travellers, we are handing local Egyptian enterprises a powerful catalyst to capture elite international spending power and scale their businesses into the global digital economy”.

This landmark rollout directly aligns with the Central Bank of Egypt’s (CBE) vision for financial digitization and cash-lite infrastructure modernization, elevating Egypt’s merchant landscape to meet the highest global standards of electronic payment security and convenience.

As international arrivals and cross-border commercial trade continue their aggressive upward trajectory, both Paymob and UnionPay are committed to continuously expanding local acceptance capabilities, ensuring Egyptian businesses remain perfectly equipped to convert global foot traffic into measurable financial success.

View original content:https://www.prnewswire.co.uk/news-releases/paymob-and-unionpay-expand-digital-payment-acceptance-across-egypt-302830606.html

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