How are you using data and technology to optimize voyage accounting? Accounting professionals know all too well the often-painful process of closing the books using manual processes or an isolated digital solution. In our latest blog, Senior Solution Consultant Leo Supermaniam shares how integrating the right digital tools can automate and accelerate period close, eliminate manual data entry, and ensure complete continuity between voyage and corporate accounting Read the full blog to learn how you can further improve your accounting workflows: https://hubs.ly/Q02G-6XG0 #VoyageAccounting #DigitalSolution #ShippingIndustry #MaritimeTechnology #Veson
About us
Veson Nautical delivers maritime freight management solutions that propel the global shipping economy. Trusted by buyers and sellers of bulk marine freight in every region of the world, Veson solutions are responsible for managing $109 billion in freight traded and moving 4.4 billion metric tons in annual trade each year. With a suite of offerings in marine contract management, vessel document management, and data analytics, Veson’s products are widely recognized for their strong utility, sustained innovation, and measurable business impact. More than a provider of solutions, Veson is a champion of progress that actively supports its clients, partners, and broader community in navigating change while shaping the best practice workflows and standards of tomorrow’s connected maritime shipping ecosystem.
- Website
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http://www.veson.com
External link for Veson Nautical
- Industry
- Software Development
- Company size
- 201-500 employees
- Headquarters
- Boston, MA
- Type
- Privately Held
- Specialties
- Software for Commercial Maritime Operations, Chartering Software, Freight Trading and Risk Management Software, Maritime ERP, Voyage Management, and Cloud Software
Products
Veson IMOS Platform
Shipping Software
The Veson IMOS Platform (VIP) is the maritime world’s leading solution for the commercial management of marine voyages and freight. Every day, more than 18,000 maritime professionals at more than 300 of the world’s leading vessel owners, operators, commodities traders, and tonnage charterers use VIP to transform the way they work and make decisions.
Locations
Employees at Veson Nautical
Updates
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Elevated bauxite exports out of Guinea have also increased ton-miles for bulkers, as the sailing distance from Guinea to China is four- to five-times longer than from Indonesia. Using data from Oceanbolt, a Veson Nautical solution for port, tonnage and commodity analytics, we estimate that this trade from Guinea to China has increased the total dry bulk ton-mile demand by 0.8% throughout 2023. According to Reuters, this trend is expecting to continue, as President of the People’s Republic of China, Xi Jinping, has outlined China’s focus to invest into “new productive forces,” such as solar panels, electric vehicles, batteries, and other high-tech components essential in the green transition. Download the full whitepaper here: https://hubs.ly/Q02K6JBw0 #BulkShipping #ChinaTrade #CommodityAnalytics #VesonNautical
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Geopolitical events are often sudden, making it critical that owner-operators, charterers, and brokers can effectively keep up with the ever-changing shifts in the market. In our latest 2024 forecast, our analysts track the biggest dependencies impacting the container, bulker, tanker, and gas sectors, including the attacks in the Red Sea, the Chinese economy’s recovery, U.S. trade tariffs, and more. Read the full analysis here: https://hubs.ly/Q02wzr1P0 #Charterers #Brokers #ShippingIndustry #2024Forecast #VesonUniversity
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We’re excited to sponsor Hong Kong Maritime and Port Board's 2024 Hong Kong Maritime Week from November 17-23! We look forward to meeting with maritime leaders to discuss the latest innovations in maritime commerce. Be sure to stop by the Captain’s Table to say hello. #HKMW2024 #Maritime #ShippingIndustry #Veson
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We’re thrilled to announce the success of our first event, IMOS Learning Week! Last month we welcomed several of our clients to our Boston Headquarters for a week filled with hands-on learning, best practices, and specialized workshops across key IMOS functionalities. IMOS Learning Week is coming to Singapore and London next—be sure to save the dates below: Singapore: September 10 – 12, 2024 London: October 1 –3, 2024 Thank you to our clients, The CSL Group Inc., ConocoPhillips, Repsol, and others who made this a memorable event. We look forward to meeting more of you in Singapore and London! Visit our website for more information. #IMOSLearningWeek #MaritimeShipping #IMOSPlatform #Veson
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Guinea has expanded its bauxite exports significantly the last year—increasing its exports by 41% to China— and with the start of the Simandou mining project, they have the potential to become the third largest iron ore exporter next year. Guinea’s influence is altering the trade flows for dry bulk commodities and is creating a potential upside for dry bulk ton-mile growth. In our latest whitepaper, Senior Maritime Analyst Mikkel Nordberg examines the drivers and potential consequences in more detail. Read the full whitepaper to learn about China’s buying patterns and how Guinean exports could leave a positive impact on dry bulk rates: https://hubs.ly/Q02HJJ_B0 #GuineaExports #SimandouMining #DryBulkCommodities #BauxiteTrade #IronOre #Veson
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Looking to increase confidence in your market predictions? In our recent webinar, Senior Maritime Analysts Mikkel Nordberg and Thomas Zwick look back over an eventful year to date in the tanker and dry bulk markets and present a forecast on what is still to come in 2024. Sign up to watch the full recording on how macroeconomic and global security issues are impacting bulk shipping trades: https://hubs.ly/Q02HJQ_N0 #ShippingEconomics #BulkShipping #TankerTrades #EconomicOutlook #ShippingWebinar #Veson
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Commodity traders, how prepared are you to tackle the complexities that come your way? From market volatility to geopolitical risks, the landscape is ever-changing. In our latest blog, Senior Solutions Consultant Aidan Williams shares why having an integrated, made-for-maritime solution is key to establishing a strong foundation against these top five challenges sweeping the industry: 1. Market volatility 2. Geopolitical risks 3. Managing the unique intricacies of maritime risk 4. Severe weather impacts 5. Shifting demand Read the full blog to learn how you can strengthen your commodity trading operations and overcome these challenges: https://hubs.ly/Q02HC2Mg0 #CommodityTraders #GeopoliticalRisks #MarketVolatility #RiskManagement #DigitalSolutions #Veson
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How are you using data to make more informed decisions? As maritime commerce embraces digitalization, it’s evident that charterers and operators are needing more advanced solutions to manage the high influx of data that’s come with this shift. In the second blog of his two-part series, Chief Commercial Officer Russ Hubbard further elaborates on the role digitalization has in organizing data, key innovations shaping the industry, and his strategic vision for the future. Read the full blog here: https://hubs.ly/Q02G-h510 #MaritimeShipping #Digitalization #DataAnalytics #GlobalTrade #Veson
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Don’t forget to sign up for our exclusive bulk market briefing happening tomorrow at 09:00 BST! Senior Shipping Economists Mikkel Nordberg and Thomas Zwick will analyze the impact of macroeconomic and global security issues on bulk shipping trades, supply and demand fundamentals, as well as forecast earnings and vessel values for the year ahead. Register here to secure your spot: https://hubs.ly/Q02Clsrs0
Green energy models and geopolitical influences have caused the need to reroute, leading to increased ton-mileage across both the bulker and tanker markets. As China produces more electric vehicles and solar panels, Oceanbolt data shows that bauxite imports have increased in this area by 6% YTD. Disruption in the Red Sea is another example benefiting increased ton-miles in the tanker sector. In our upcoming webinar this week, Veson’s Senior Shipping Economists Mikkel Nordberg and Thomas Zwick will forecast how recent trends in demand, newbuilding values, and other factors could further impact the dry and wet markets in the upcoming months: Thursday, July 18 @ 09:00 BST Register for the webinar here: https://hubs.ly/Q02GzPwC0 #ShippingEconomics #BulkShipping #TankerTrades #EconomicOutlook #ShippingWebinar #Veson
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