Demonstration environment — all carriers, scores, and figures are fictional and illustrative. Licensed-source values (RapidRatings, CreditRiskMonitor) depict a planned integration, not vendor output.

COMPASS
Portfolio

Ironbound Marine TransportIMT

Sea carrierPrivately heldNewark, NJElevatedInferredConfidence B

Open findings (1)

Inferred distress corroborated by declining fleet activity

DeteriorationRaised 2026-06-25

No audited statements available, but FRISK (3/10), PAYCE payment slowdown, and AIS fleet activity (90% → 73%) decline together — independent sources agreeing raises confidence in the inferred signal.

  • FRISK 3/10CreditRiskMonitor FRISK
  • PAYCE 4/10, slowing paymentsCreditRiskMonitor PAYCE
  • Fleet active 90% → 73%AIS vessel-movement feed

Two-track assessment

Track 1

Statement-derived financial health

Confidential statement exchange (RapidRatings FHR) — audited statements, never made public

Not participating in the confidential statement exchange. No audited financials available; assessment relies on Track 2 inference and is graded accordingly.

No audited data

Track 2

Inferred financial risk

No carrier cooperation required (CreditRiskMonitor FRISK/PAYCE)

3/10 FRISK
PAYCE payment behavior
4/10
12-month distress probability
5.8%
As of
2026-06
Inferred

Operational ground truth

Government and public feeds USTRANSCOM already trusts.

Fleet active % — trailing 8 quarters

73%
2024-Q32026-Q2
Active fleet8 of 11 vessels
On-time performance74%

Fuel exposure

Within tolerance

Forward fuel hedged (next 12 months)

15%

Fuel share of operating cost

30%

15% of forward fuel hedged against a 30% fuel share of operating cost — exposure is within tolerance.

AI executive snapshot

Generated 2026-07-06 06:40 UTC — every sentence resolves to a named source.

Ironbound Marine Transport is ELEVATED with corroborating signals: the inference models and AIS fleet activity are declining together.

Modeled 12-month distress probability is 5.8% and payment behavior has slowed two quarters running.

Confidence B: no audited statements available, but independent inferred and operational sources agree.

Sources cited

  1. 1.CreditRiskMonitor FRISK — FRISK score (10 = lowest risk): 3 / 10 (as of 2026-06)
  2. 2.AIS vessel-movement feed — Fleet utilization: 73% of fleet active, declining (as of 2026-06 (30-day window))
  3. 3.CreditRiskMonitor FRISK — 12-month probability of financial distress: 5.8% (as of 2026-06)
  4. 4.CreditRiskMonitor PAYCE — PAYCE score (payment behavior): 4 / 10 (as of 2026-06)