- Before
- 300+ declarations a day on the open covers, and “a clean list check tells me nothing about where the ship was on Tuesday night.”
- Now
- Opens only the 8 that need her, each on the map with its gap, owners and route, and signs cover, additional premium or refusal with the reasons drafted.
One declaration, from the bordereau to the broker notice
At 08:14 on Monday 22 September, Ashby Lowe Marine’s morning bordereau brings declaration DEC-26-08417 under open cover OC-1142: 68,000 t of high-sulphur fuel oil on the MT Corvina Star, declared loaded at Sohar, Oman. Here is what happens next, screen by screen, in the working solution.
- 01Morning
Eight declarations waiting, out of 318
Helena Marsh · Senior cargo underwriterHelena opens the voyage map. Since midnight 318 declarations have been screened: 291 cleared, 19 covered with additional premium, 6 for review and 2 on hold. Her queue shows the 8 that need her, each with its reason — and the Corvina Star at the top, on hold.
“Went dark 41 h, 18 nm from Bandar Abbas · 52 % listed ownership”
- 023 min 48 s
Screened before anyone opened it
The six agentsThe declaration reader took the IMO, cargo, ports and USD 34.03 m insured value from the declaration, B/L and certificate of origin. The list screener checked the vessel, six companies and the consignee against the US, UK, EU and UN lists and the watch list. The ownership tracer, track analyst, war & area rater and decision drafter followed — each step timed in the run log.
Decision drafter: “Recommends refusal under the sanctions clause — 4 reasons, 9 sources; sent to Helena Marsh and Tomás Rocha.”
- 03Gap close-up
Where the line breaks
Track analystThe close-up of the Strait of Hormuz shows the last position at 16 Sep 08:52, 18 nm from Bandar Abbas at 8.3 m draught, and the first position back at 18 Sep 01:52 — at 14.4 m. The ship came back 6.1 m deeper, about 61,000 t loaded while it was invisible.
- 04Replay
The hour counter runs while the ship is dark
Helena Marsh · Senior cargo underwriterHelena replays the voyage. The ship heads into the gap and the counter starts: last seen 16 Sep 08:52, no signal from any receiver. Under the map, the timeline fills in signal, draught and listed-area days as it plays — 7.6 m in ballast, 8.3 m sailing from Sohar, then red where the signal stops.
- 05One click
Every alert opens its source
Track analystClicking the went-dark panel opens the tracking positions behind it: 1,412 terrestrial and satellite AIS positions from 12 to 22 September, the last and first positions around the gap highlighted, and three satellite passes over the area that found no signal.
A gap is reported, never treated as proof — hours, positions and draught for every event.
- 06Vessel file
Owners to the 50 % line, every link a filing
Ownership tracerRegistered owner Halcyon Bay Shipping Inc., a single-ship company formed 11 Jun 2026, is wholly owned by Saronic Delta Holdings Ltd. Its shareholders include Meridia Petrotrade FZE (34 %, US list) and Zenith Coast Holdings (18 %, UK list): 52 %, over the line. The commercial manager, Aster Ridge, is on the watch list — and 4 of its 6 ships were renamed in 2026.
- 07The decision
Refuse — four reasons, nine sources
Decision drafterThe recommendation is to refuse to attach cover under the sanctions clause and refer the voyage to compliance. The reasons: 41 hours dark near Bandar Abbas, about 61,000 t loaded while invisible against a Sohar draught that shows about 7,000 t, the 52 % listed parent, and a profile that matches known deceptive practices. The premium if covered — USD 45,941 — is struck through: not charged.
“Not charged — no cover attaches while the sanctions exposure exists.”
- 08Signed 09:46 · countersigned 09:51
Two signatures on a sanctions refusal
Helena Marsh and Tomás RochaHelena signs the refusal with her reason on file. Because it is a sanctions hold, it needs a second signature: Tomás Rocha, sanctions compliance, countersigns, and a reporting review opens. Both signatures and every agent step sit in the declaration’s trail.
- 09Same morning
The broker hears today, not at claim time
Decision drafterThe notice to Ravi Menon at Ashby Lowe Marine says cover under OC-1142 does not attach to DEC-26-08417, the sanction limitation and exclusion clause applies, no premium is charged, and no further declarations should be made on this vessel. It names no list entries.
List details are never disclosed to the broker · Tomás Rocha decides any regulatory report.
- 10Every day, 06:00
The whole in-force book, swept again
Track analystEach morning all 2,946 in-force voyages are swept for tracking gaps of 12 hours or more. This week: 14 went-dark events, 3 within 50 nm of a sanctioned port, 2 with a draught change over 1 m — among them the Vesta Marlin, back 2.9 m lighter after 19 hours dark, 43 nm from Baniyas.