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One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

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ATHENS : More than a quarter of maritime parts and service suppliers have been identified as having high or very-high cyber vulnerabilities, according to new data from Achilles Network. Through Procureship’s integration with Achilles, shipping companies can now access Achilles’ verified ESG and cyber indicators directly inside their procurement workflows, giving them immediate visibility of verified supplier credentials.

The long-term partnership between Procureship and Achilles, announced in March 2025, is now live and brings Achilles’ verified Sustainability Scores into the Procureship platform. This ensures that buyers can reference consistent, third-party-assessed ESG data at the exact moment of supplier evaluation, supporting stronger supplier selection practices and more resilient supply chain management, while reducing exposure to compliance risks.

More than 1,000 global suppliers were assessed as part of a 12-month review process to identify potential risks for shipping companies across environment, social, governance, and cyber domains.

According to the data, 28% of those assessed were identified as having a high or very-high cyber risk, while more than half of those reviewed were shown to lack third party-assured anti-bribery systems, public liability insurance or information security policies.

In addition, roughly a quarter of suppliers do not yet measure their greenhouse gas emissions while more than a half of those reviewed were shown to be using uncertified carbon systems. However, the review also showed that nearly half of suppliers are using certified environmental management systems while nearly 13% have decarbonisation plans in place.

“Understanding the ESG capabilities of suppliers across the maritime industry is crucial to safeguard the day-to-day operations of global shipowners and reinforce their own ESG strategies. By ensuring these data points are now available within Procureship, our users have the confidence to work with suppliers and contractors that can strengthen their own business practices and minimise any potential risk,” said Grigoris Lamprou, Co-founder and CEO at Procureship.

“Shipping companies are increasingly using data-driven insights to target greater supplier relations and address their own environmental and cyber vulnerabilities. By embedding this type of data into the Procureship platform, users are able to gain early warnings of potential supplier vulnerabilities, enabling them to shift their risk management from reactive to predictive,” said Craig Rodgerson, CEO at Achilles.

Procureship showcases Achilles’ data both in supplier profiles and in supplier search engine results, while buyers can check the suppliers’ Achilles scores on the spot during the evaluation of quotations. Through this process, users can easily source products and services from companies that meet their operational and compliance standards, helping them make more informed procurement decisions.

About ProcureShip

Established in 2016, Procureship is an innovative e-procurement platform based in Athens, Greece, with regional offices in Denmark and Singapore. The company manages a network of trusted suppliers across all major ports and regions, connecting them to over 100 buyers representing over 2,300 globally trading merchant vessels. Procureship makes purchasing critical components, supplies, and services for vessels easier faster and more streamlined. Its automated platform optimises the procurement process by eliminating unnecessary manual work and recommending suppliers through its unique machine learning algorithm and service providers marketplace. The platform also offers unique features including IHM maintenance, e-invoicing, tenders/contracts management, freight forwarding optimisation and upcoming vendor management.

For more information visit https://procureship.com

About Achilles

For more than 30 years, Achilles has protected organisations’ business interests and reputations by providing unrivalled levels of supply chain transparency, carbon reduction and management. Achilles is the ESG and carbon management partner of choice for the world’s leading global brands.

Achilles specialises in supporting customers who require robust environmental, social and governance reporting to comply with ESG regulations, meet investor requirements, and achieve their own ambitious sustainability goals.

It works with market-leading financial, industrial, commercial and governmental organizations that require serious, detailed analysis and expert insight to deliver exceptional supplier selection and reporting confidence. Operating from 18 locations worldwide, Achilles is at the forefront of the battle against climate change, a champion for social justice and human rights, and an expert in health, safety, and risk management.

www.achilles.com

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