Red Sea disruption pushing up container values and rates

Container values have risen significantly across almost all sectors and age categories since the start of the year.

Following an extended period of declines, where values fell steadily for this sector after reaching a record peak during the Container boom at the end of Q1 2022. However, since January 2024, values have taken a turn in the opposite direction and older vessels have shown the most strength, with values for 20-year-old Handy Containers of 1,750 TEU up by as much as 43% since the new...

https://container-news.com/red-sea-disruption-pushing-up-container-values-and-rates/

Veson Shipping Market Outlook: Chinese economy’s recovery, elevated interest rates and ongoing political tensions add to an atmosphere of uncertainty

Veson Nautical, which delivers maritime freight management solutions, said there are several elements of unpredictability affecting the shipping market forecasts for the second quarter of 2024.

The Chinese economy’s recovery currently teeters on instability, casting a shadow of uncertainty over the industry due to China’s pivotal role as a major demand driver. Elevated interest rates in Western economies heighten the risk of a severe downturn, potentially stalling prospective growth.

Ongoing...

https://container-news.com/veson-shipping-market-outlook-chinese-economys-recovery-elevated-interest-rates-and-ongoing-political-tensions-add-to-an-atmosphere-of-uncertainty/

U.S. still world’s number 4 shipowning nation

VesselsValue has unveiled its list of this year’s top 10 shipowning nations, based on the total asset values of vessels and their country of beneficial ownership.

Rebecca Galanopoulos-Jones, senior content analyst, Veson Nautical (which acquired VesselsValue last year says that “from Japan’s resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at $44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months.”

https://www.marinelog.com/legal/shipping/u-s-still-worlds-number-4-shipowning-nation/

Veson Nautical acquires AI-driven data platform

Veson Nautical, a global freight management solution provider, announced its acquisition of Shipfix, a collaborative data platform for the maritime and trade sectors driven by advanced Artificial Intelligence (AI)-enabled tools.

As Veson’s second acquisition this year, Shipfix is expected to further Veson’s pursuit to deliver quality, contextual data to the industry. Veson will continue to offer Shipfix’s suite of maritime solutions and bring the full Shipfix team onboard.

Shipfix was founded in...

https://container-news.com/veson-nautical-acquires-ai-driven-data-platform/

Veson Nautical Announces Significant Growth Investment from Francisco Partners

Veson Nautical’s President and COO Sean Riley with founder and CEO John Veson 

Investment enables Veson to accelerate its organic growth initiatives and innovation across its product suite, as well as pursue its targeted acquisition strategy. Existing Investors Pamlico Capital and Founder John Veson Both Remain Significant Shareholders.

BOSTON, LONDON, and CHARLOTTE – Thursday, March 17: Veson Nautical (“Veson” or the “Company”), the global leader in maritime freight software, today announced its...

https://allaboutshipping.co.uk/2022/03/17/veson-nautical-announces-significant-growth-investment-from-francisco-partners/

SEDNA partners with Veson Nautical to increase its shipping applications portfolio and streamline mission-critical systems

SEDNA partners with Veson Nautical to increase its shipping applications portfolio and streamline mission-critical systems

Strategic integration enables mutual clients to centralise workflows to optimise collaboration and email management across teams 

20th July, 2021, LONDON: SEDNA, the intelligent communications system for the world’s leading shipping organisations, has collaborated with Veson Nautical, the leader in commercial freight and voyage management, enabling clients to seamlessly...

https://allaboutshipping.co.uk/2021/07/20/sedna-partners-with-veson-nautical-to-increase-its-shipping-applications-portfolio-and-streamline-mission-critical-systems/

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