Israeli artificial intelligence group Windward believes its $46m initial public offering (IPO) in London can benefit the whole of shipping.

The risk compliance and vessel optimisation specialist listed in the UK capital on 6 December.

This was the second shipping-linked IPO in London this year, following the float of Ed Buttery's bulker company Taylor Maritime Investments in May.

But Windward co-founder and chief executive Ami Daniel does not see his listing as a shipping IPO at all.