Windward Share News (WNWD)

Windward Ltd - Liverpool, England-based maritime predictive intelligence company - Launches the Windward Vessel Fuel Consumption API, an artificial intelligence solution providing fuel consumption assessments with up to 95% accuracy on average per voyage.

The solution is a standalone API, which provides an objective way for shareholders to track and calculate fuel consumption of any tanker across the globe. At the moment, fuel consumption data is reported through noon reports, which are usually measured and reported manually.

Chief Executive Officer Ami Daniel says: "The first step towards decarbonising the maritime industry is improving the visibility of vessels' fuel consumption. Environmental concerns and ESG are primary goals for both companies and consumers. We are approaching the point of no return and providing accurate assessments of consumption is key in making business decisions that are both economical and more importantly environmentally conscious."

Current stock price: 61.50 pence, up 2.5% on Monday

12-month change: down 64%

By Holly Beveridge; hollybeveridge@alliancenews.com