Veson Nautical executive tells Geneva Dry conference that a strong data foundation is what enables organizations to gain a decision advantage with AI
Geneva – 30 April 2025: As the sheer volume of market signals and data today far exceeds what any human can reasonably process, there is no question that AI needs to be part of the solution. However, for AI to make a positive impact on maritime, data quality needs to be prioritized according to Emily Edwards, Vice President of Product...
Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s port fees on Chinese-built vessels.
The current US administration is considering an additional port fee for Chinese-built vessels entering US ports to curb China’s dominance in shipbuilding. This fee, which could reach up to US$3.5 million per port call, varies based on the vessel’s origin and the owner’s fleet composition.
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The International Maritime Organization (IMO) recently hosted the 83rd meeting of the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.
This new regulation is similar to the Fuel EU regulation enforced this year, but with global fleet coverage. The major effect of this new IMO GHG regulation will be to enforce a financial penalty for using cheaper, carbon-intensive fuels like Heavy Fuel Oil...
https://container-news.com/impacts-of-imo-new-fuel-intensity-target/
Chinese-built vessels accounted for 45% of dry-bulk US port calls in the first quarter of 2025
by Mikkel Nordberg
Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s port fees on Chinese-built vessels. The current US administration is considering an additional port fee for Chinese-built vessels entering US ports to curb China’s dominance in shipbuilding. This fee, which could reach up to...
Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity
Author: Oliver Kirkham, Senior Valuation Analyst
The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in a new fuel intensity target, which is set to come into force no later than March 2027.
This new regulation is similar to the Fuel EU regulation enforced this year, but with global fleet coverage. The major effect of this new...
by Rebecca Galanopoulos,
Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with a decrease of c.58% and just 77 reported this year to date, compared to 182 for the same period last year. Since the US proposed fees to Chinese-built vessels entering US ports in February, sale and purchase levels for Chinese-built Bulkers has fallen by c.58% with just 62 transactions reported since February, compared to 146 for the same period last...
Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year, according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management solutions.
Speaking at Veson Nautical’s Seoul Forum, Park said uncertainty around the future of fuels, historically high newbuild prices and the price premium for dual-fuel vessels was driving the fall.
“The market is slowing in the newbuild sector...
https://container-news.com/orderbook-for-all-dry-bulk-vessel-classes-falls/
Geopolitical tensions in the Middle East and the resulting rerouting have disrupted shipping markets to varying degrees. A sudden end to rerouting poses considerable downside risks for the shipping industry, while a prolonged extension could offer substantial upside potential. Sanctions contribute to this uncertain environment, where any major escalation or de-escalation could significantly affect the global economic outlook.
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Meanwhile,...
https://container-news.com/veson-nautical-shipping-market-outlook-q2-2025-forecast/
Veson Nautical shined a spotlight on the Singaporean fleet, including live, launched, and on-order vessels, and dived into the top 10 owners of Singaporean flagged vessels, the top 10 Singapore-based operators, and the top 10 Singaporean beneficial owners.
A.P. Moller – Maersk currently leads the Singapore flagged fleet with 119 vessels in its books, with a value of US$6.35 billion. In second place, Wan Hai Lines owns 111 Singapore-flagged vessels; this fleet is valued higher at US$6.35 billion...
https://container-news.com/top-10-singapore-flagged-vessel-owners-and-operator/
Using data from Veson Nautical solution VesselsValue, we shine a spotlight on the Singaporean fleet including live, launched, and on order vessels and dive into the top 10 owners of Singaporean flagged vessels, the top 10 Singapore-based operators, and the top 10 Singaporean beneficial owners.
Moller Maersk currently leads the Singapore flagged fleet with 119 vessels in their books, with a value of USD 6.35 Bn. In second place, Wan Hai Lines owns 111 Singapore-flagged...