Veson Nautical
Veson Nautical News
Veson Nautical, Cargill Expand Partnership
Veson Nautical and Cargill announced the Strategic Technology Agreement, expanding their partnership to accelerate digital transformation in the maritime sector. The agreement provides Cargill's Ocean Transportation business with a broad range of access to the Veson portfolio, including its data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix. This builds on previous utilization of the Veson IMOS Platform.
Qatar Gas Tops Regional Shipowner Ranking
Qatar Gas Transport Co is currently the top Gulf Cooperation Council (GCC) company in monetary terms, with a live and on-order fleet value of $11.9 billion, reports Rebecca Galanopoulos of Veson Nautical.Based on VesselsValue data, the fleet consists of 36 live LNG and LPG vessels with a further 30 on order. Qatar Gas also placed the highest value newbuilding order in February 2024 with their investment in 15 large LNG vesselsâŠ
New, Old Vessel Speed Disparity Splits Bulker Fleet
The global bulker fleet is facing a significant slowdown, driven by a combination of factors that are not only causing a decline in average speeds but also setting the stage for the emergence of a two-tier market, according to Veson Nautical.A new report: âWhy is the bulker fleet slowing down? The impact of an aging fleet in the era of efficiencyâ says that aging vessels, stricter emissions regulationsâŠ
Veson Nautical Opens Dubai Office
Veson Nautical (Veson) opened a new office in Dubai as part of an enhanced commitment to one of the worldâs most important shipping hubs.This expansion is aimed at bringing Veson closer to its growing regional client base and reinforcing its role in shaping the future of maritime technology and data solutions in the region.Veson CEO John Veson traveled to Dubai to open the new office, and the occasionâŠ
Chinese Vessel Orders Shoot Beyond $123B, Veson Nautical Finds
Veson Nautical, a provider of maritime commercial management and trading software solutions, has reported that the Chinese newbuilding vessel orderbook has topped $123 billion in 2024, with container ships making around 38% of total vessel orders.Using VesselsValue data, Veson Nautical has summarized the Chinese orderbook by top Chinese ordering companies and insight into the ships currently being built at Chinese yards.Of the top Chinese companies ordering vessels last yearâŠ
Ranking & Reporting the World's Top 10 Vessel Owning Nations
In the ever-evolving world of maritime trade, ship ownership is a key indicator of economic influence and global commerce. As we enter 2025, Veson Nautical offers its Top 10 Ship Owning Nations, offering a detailed analysis of fleet values and industry shifts. This year, China has surged to the top, overtaking Japan in total fleet value, while geopolitical events and shifting market dynamics continueâŠ
Box Sector bullish after stellar 2024, but risks abound in 2025
The time charter (TC) rates for Post Panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting 73,330 USD/Day, and has led to a huge uptick in newbuild orders and a slowdown in demolitions according to Veson Nauticalâs â2024 End- Of-Year-Reportâ.The report states that the bullish market conditions for the container sector are reflected in the TC rates as well as the 76% y-o-y increase in new ship orders which witnessed 321 deals including optionsâŠ
Spire's Sale of Ship Tracking Arm alarms Users
French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companiesâŠ
'24 in Review: Container Vessel's Steams Ahead, LNG Lags
The last 12 months has seen values rise to near-record levels across several sectors of the shipping industry, fuelled by the post-covid shipping boom and a strong newbuild market.The report states that the newbuild market experienced continued growth, with a notable rise in orders, particularly in the Post/Panamax and Capesize sectors. Chinese dominance in both ordering and shipyard production remains a defining trendâŠ
Container Vessel Orders Mark Over 50% Rise in 2024
Orders of new container vessels are up by approximately 52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023, according to a new report by Veson Nautical's data intelligence arm VesselsValue.The report, titled âGolden Age: Container shippingâs post-covid boom continuesâ, states that in addition to the huge uptick in orders, 2024 has seen 362 newâŠ
Greek Shipowners Betting Billions on Gas
Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by Veson Nautical's data intelligence arm VesselsValue.Approximately $13.8 billion of the figure has been spent on 59 liquefied natural gas (LNG) vessels, and approximately $4 billionn on 41 liquid petroleum gas (LPG) vesselsâŠ
Japan Continues to Lead Shipowner Rankings
VesselsValue has unveils this yearâs top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan's resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at USD 44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months, says Rebecca Galanopoulos-Jones, Senior Content AnalystâŠ
Veson Nautical's Digital Solution for IMO 2020
Veson Nautical announced new features designed to help users navigate the IMO 2020 Sulphur cap regulations set to take effect January 1, 2020. Upon release, the new features will become a standard part of the Veslink IMOS Platform, Vesonâs market-leading cloud solution for commercial marine freight and fleet management.The IMO 2020 regulations are designed to reduce marine sector emissions in international waters by 80% starting Jan 1, 2020.
Veson Nautical Solution Earns EUâs MRV Certification
Commercial maritime software and services provider Veson Nautical announced that Verifavia, the emissions verification company for the aviation and shipping sectorsâŠ
Veson Nautical Adds 42 Clients
Veson Nautical, a provider of commercial maritime software and services, has announced that despite challenging times in the shipping industry, the company hasâŠ
Veson Nautical Opens London Headquarters
Veson Nautical, a developer of software that propels the commercial maritime industry, announced the opening of a new office in London, just steps from London Bridge. The new office will serve as a headquarters for Veson Nautical in Europe, the Middle East and Africa, and will house dedicated sales, consulting, and technical professionals for these regions. âEurope has always been a key market for Veson Nautical. The new London location will serve as a hub to the entire region.
Carver to Lead Veson Nautical Singapore Office
Veson Nautical is expanding its team in Singapore, and it welcomed John Carver as the new Regional Manager; Asia Pacific Region. Carver will lead Vesonâs Singapore office and teamâŠ
Veson Nautical Expands to New Corporate Headquarters
BOSTON, MAâ July 19, 2011 âVeson Nautical, a premier provider of maritime commercial management and trading software solutions, announced today that the company has moved into a 20âŠ
Veson Nautical Wins Best Places To Work Award
Boston Business Journal honors Veson Nautical as a 2011 âBest Places to Workâ winner. May 9, 2011 - Boston, MA --- The Boston Business Journal has named Veson Nautical one of the Best Places to Work in Massachusetts in its ninth annual regional awards program. The honor recognizes Veson Nauticalâs achievements in creating a positive work environment that attracts and retains employees through a combination of employee satisfaction, working conditions and company culture.
Veson Nautical Announces Imos6 Bunker Management Phase II
BOSTON, MA and STAMFORD, CT â March 21, 2011â At the Connecticut Maritime Association 2011 Shipping Exposition today Veson Nautical, the premier provider of maritime commercial management and trading software solutions, announced Phase II of the companyâs IMOS6 Bunker Management Module. Vesonâs newest offering helps professionals manage their overall bunker operations, which can account for more than 50% of total voyage costs.
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