Marine assurance technology company MIS Marine has launched its new entry-level product, Mainstay Core, offering consolidated vetting data and snapshot views of sanction data to support compliance for ship charterers, and minimise risk for ports and terminals.
Previously only available as a subscription platform, MIS Marine has broadened accessibility to its Mainstay range with an entry-level option, noting that maritime companies today could have to deal with more than 2,000 sanctions due to the Ukraine crisis.
Through standardised configurable risk policies, Mainstay Core provides full access to marine assurance data sets, tracking sources such as OCIMF (SIRE, BIRE and OVID), IHS, USCG and AIS, and provides review options with colour coded document status indicators.
“Today, marine assurance is more than vetting. It’s about understanding your complete risk profile,” said Dominic McKnight Hardy, Managing Director at MIS Marine.
“Those risks come in many forms, from compliance and regulatory failings to indirect business with a sanctioned entity. Through its sanctioned data tracking, Mainstay Core automatically alerts you to any sanctions and compliance threats, helping you stay informed of every detail that could affect a vessel’s suitability and jeopardise your reputation.”