Announcement • Mar 18
Windward Ltd. Appoints Brad Bernstein, Jerome Hershey and Giovanni Bacarella to Board of Directors Windward announced the successful close of its acquisition by FTV Capital, a leading sector-focused growth equity investor. The company announced that as part of the transaction, Brad Bernstein, Jerome Hershey and Giovanni Bacarella, vice president at FTV Capital, joined Windward's board of directors. Announcement • Mar 14
Windward Expects Shares Cancellation of Admission to Trade on March 19 Windward Ltd. provided expected timetable in relation to the recommended cash acquisition of Windward by Octopus UK Bidco Limited, indirectly controlled by FTV VIII, L.P. and its affiliates (the "Acquisition"). Trading in the Windward Shares suspended and disablement in CREST 7.30 a.m. on 18 March 2025. Cancellation of admission to trading on AIM 7.00 a.m. on 19 March 2025. Announcement • Feb 26
Windward Launches Detention & Demurrage Automation Solution, Eliminating Cost Uncertainty and Unlocking Cash Flow for Freight Forwarders & Supply Chain Operators Windward 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&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 efficiencies by providing a real-time, automated approach to detention and demurrage management. 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. The solution also enhances financial control, enabling companies to verify carrier invoices instantly, detect repancies, 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, plans, and exception alerts, offering full visibility into every charge and a scalable, user-friendly way to communicate these charges to customers and stakeholders. 
