Latest news with #Veson
Associated Press
29-05-2025
- Business
- Associated Press
Veson Nautical Expands IMOS Platform with AI-Powered Claims Management
BOSTON, May 29, 2025 (GLOBE NEWSWIRE) -- Veson Nautical (Veson), a global leader in maritime data and freight management solutions, today announced the launch of IMOS X Claims CoCaptain, an AI-powered extension of claims management capabilities within IMOS designed to streamline the demurrage claims process. For decades, Veson has partnered with clients worldwide to solve challenges and drive continuous innovation across the full freight management lifecycle through the IMOS Platform. One challenge that could not be ignored is claims management. Claims teams are often overwhelmed by manual processes and time-consuming document collection—spending the bulk of their time preparing to process claims rather than analyzing them. This burden only grows with large, complex cases, leaving even less time for strategic decision-making. Developed using the latest advancements in artificial intelligence, Claims CoCaptain marks a significant evolution in managing claims. The solution automates time-intensive tasks, speeds up decision-making, and empowers analysts to focus on outcomes that drive business value. As part of the IMOS Platform, changes in Claims CoCaptain automatically update P&Ls, financial reporting and integrated systems throughout the claim lifecycle–providing a single end-to-end platform. 'Claims CoCaptain reflects our deep commitment to solving maritime challenges with technology that is both innovative and grounded in real-world workflows,' said Eric Christofferson, Chief Product Officer at Veson Nautical. 'As the claims settlement process is a critical and costly part of the freight contract lifecycle, managing both from a single platform provides numerous efficiencies and reduces errors. The IMOS foundation and data will allow claims specialists and operators to more strategically manage the claims outcome.' Built on IMOS. Powered by AI. Claims CoCaptain is a module offered within the IMOS Platform, Veson's market-leading solution for commercial freight management and voyage execution, and is accessed through IMOS X, Veson's new, fast, and mobile-friendly user experience. It was developed with maritime claims teams in mind, drawing on twenty years of domain expertise and focused research and development. Analysts typically spend countless hours reviewing statements of facts (SOFs), gathering timestamps, and calculating laytime—often across fragmented sources. Claims CoCaptain automates much of this manual work by using AI to organize and extract key data from emails and voyage documents in a centralized workspace. This enables analysts to concentrate on strategic aspects of the claim, improving accuracy, responsiveness, and overall outcomes. Improving visibility and creating a decision advantage Claims teams have long operated with limited visibility into the size, scope, and urgency of active claims—making it difficult to prioritize workloads and respond quickly. Claims CoCaptain solves this by centralizing information in one place and intelligently categorizing claims based on complexity and time sensitivity. IMOS X Claims CoCaptain is now available to existing and new IMOS Platform clients. Learn more and request a demo at About Veson Nautical Veson Nautical empowers the global maritime industry to navigate compounding complexity on all sides of the trade. Multi-jurisdictional regulations, geopolitical disruptions, decarbonization, cybersecurity threats, and more are forcing industry participants to recalibrate their risk tolerance. By combining trusted maritime data with built-for-purpose workflows, Veson gives clients the decision-making confidence to manage risk and maximize profit. With a heritage of innovation and expertise across all maritime related contracts, Veson serves more than 38,000 users across 2,400 companies in more than 100 countries and is uniquely positioned to enable a decision advantage. Learn more at If you have any enquiries, please contact the press team: Kevin Baxter Senior PR & Communications Manager [email protected] +44 (0) 20233970102 Veson Nautical Press Team [email protected] Office +44 (0)20 3397 0102
Yahoo
06-03-2025
- Business
- Yahoo
Veson Nautical, Cargill expand tech partnership on maritime digitalisation
Veson Nautical, a maritime data and freight management solutions provider, has expanded its partnership with Cargill through a strategic technology agreement to accelerate digital transformation in the maritime sector. This agreement grants Cargill's Ocean Transportation business access to Veson's portfolio, comprising advanced data intelligence capabilities and Shipfix, the AI-enabled collaborative workflow solution. Building on the success of using the Veson IMOS Platform, Cargill's goal is to streamline its technology ecosystem while enhancing efficiency, sustainability, and innovation in its global shipping operations. Cargill Ocean Transportation business strategy and digitalisation lead Eric Aboussouan said: 'With a shared desire for digital transformation, open collaboration between our teams, and complementary strengths, skills, and focus points, Veson is the perfect partner to expand our relationship with. 'They have set the standard for digital transformation in the shipping industry, with their IMOS Platform being the leading solution in the market.' The partnership is not only focused on internal improvements but also on providing Cargill's customers with a better experience through a solution that integrates proprietary data, supplier information, and customer insights. This collaboration is set to enable faster, data-driven decisions for Cargill and the wider shipping industry, ensuring compliance with new regulations from bodies such as the International Maritime Organization and the FuelEU initiative, according to Veson. Veson president and chief operating officer Sean Riley said: 'As Veson has invested in building a comprehensive set of solutions over recent years, we are thrilled for Cargill to benefit, extending our longstanding partnership. 'The further work we are doing with Cargill highlights one of many ways we are partnering with our clients to propel the maritime industry forward.' With expertise in maritime-related contracts, Veson supports more than 38,000 users across 2,400 companies in more than 100 countries. In 2023, Veson Nautical announced plans to acquire vessel valuation provider VesselsValue, a market-standard platform for automated daily valuations. "Veson Nautical, Cargill expand tech partnership on maritime digitalisation" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Bahrain News Gazette
05-03-2025
- Business
- Bahrain News Gazette
Veson Nautical and Cargill expand long-standing partnership with Strategic Technology Agreement
Cargill expands utilization of Veson's software and data suite to drive innovation and enhance their customers' experience From left to right: Sean Riley, President and Chief Operating Officer, Veson Nautical John Veson, CEO, Veson Nautical Eric Aboussouan, Strategy and Digitalization Lead, Cargill Ocean Transportation Patrick Jourdain, Customer Lead, Car BOSTON, Mass., March 05, 2025 (GLOBE NEWSWIRE) — Veson Nautical (Veson), a global leader in maritime data and freight management solutions, and Cargill have expanded their longstanding partnership to accelerate digital transformation in the maritime sector. The Strategic Technology Agreement provides Cargill's Ocean Transportation business with a broad range of access to the Veson portfolio, including Veson's data intelligence capabilities and AI-enabled collaborative workflow solution Shipfix. Building upon their success in utilizing the Veson IMOS Platform, Cargill aims to simplify their technology ecosystem while driving efficiency, sustainability, and innovation across its global shipping operations. 'As Veson has invested in building a comprehensive set of solutions over recent years, we are thrilled for Cargill to benefit, extending our longstanding partnership,' said Sean Riley, Veson's President and Chief Operating Officer. 'The further work we are doing with Cargill highlights one of many ways we are partnering with our clients to propel the maritime industry forward.' In addition to improving internal efficiencies, a key factor behind the collaboration is Cargill's desire to provide their customers with an enhanced experience. As part of the strategic partnership, Veson is collaborating with Cargill to offer a customer-focused solution that integrates proprietary data, supplier information, and customer insights, enhancing Cargill and the shipping industry's ability to make faster, data-driven decisions while enabling compliance with new industry regulations, including the International Maritime Organization and FuelEU initiatives. 'With a shared desire for digital transformation, open collaboration between our teams, and complementary strengths, skills, and focus points, Veson is the perfect partner to expand our relationship with,' said Eric Aboussouan, Strategy and Digitalization Lead for Cargill's Ocean Transportation business. 'They have set the standard for digital transformation in the shipping industry, with their IMOS Platform being the leading solution in the market. This partnership allows us to integrate our systems more seamlessly, providing customers a unified platform that enhances visibility, efficiency, and control over their freight procurement processes.' To learn more about how Veson and Cargill plan to work together, and how Cargill's customer experience would be enhanced, read this interview featuring Veson's Sean Riley and Cargill's Eric Aboussouan and Patrick Jourdain, Cargill Ocean Transportation Customer Lead. About Veson Nautical Veson Nautical empowers the global maritime industry to navigate compounding complexity on all sides of the trade. Multi-jurisdictional regulations, geopolitical disruptions, decarbonization, cybersecurity threats, and more are forcing industry participants to recalibrate their risk tolerance. By combining trusted maritime data with built-for-purpose workflows, Veson gives clients the decision-making confidence to manage risk and maximize profit. With a heritage of innovation and expertise across all maritime related contracts, Veson serves more than 38,000 users across 2,400 companies in more than 100 countries and is uniquely positioned to enable a decision advantage. Learn more at About Cargill Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living. Our approximately 160,000 employees innovate with purpose, providing customers with life's essentials so businesses can grow, communities prosper, and consumers live well. With 160 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Veson Nautical Press Team Office +44 (0)20 3397 0102 [email protected]
Yahoo
19-02-2025
- Business
- Yahoo
Veson Nautical expands global presence with new office in Dubai
Strategic expansion aimed at bringing company closer to regional client base DUBAI, United Arab Emirates, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Veson Nautical (Veson), a global leader in maritime data and freight management solutions, has opened a new office in Dubai as part of an enhanced commitment to one of the world's most important shipping hubs. This strategic 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. Speaking today at an event being held in Dubai by Veson to coincide with the opening of the new office, the company's Chief Commercial Officer (CCO) Russ Hubbard said: "Veson Nautical is steadfast in its commitment to our clients and their success. Over the past several years, the UAE has done a phenomenal job of establishing itself as a global maritime hub, and our clients have embraced the UAE as both a regional and global center of excellence. We are enthusiastic about the future in the gulf, and look forward to supporting and enabling the decision advantages of our hundreds of clients in the region.' Veson CEO, John Veson, travelled to Dubai to open the new office and the occasion was marked by the company staging the inaugural 'Veson Nautical Dubai Forum & Networking Event'. Held at the Sofitel JBR hotel, the event brought together over 60 esteemed clients and guests to discuss a range of regional and global issues affecting the maritime industry. As well as an in-depth question and answer session with John Veson, the topics discussed included the future-proofing of Gulf shipping, the global impact of AI technology as well as the impact of new regulations on ship asset valuations. Veson's Dubai office, which is located at Uptown Tower in the Dubai Multi Commodities Centre (DMCC), will serve as a key hub for client engagement, implementation support, and industry collaboration. With a heritage of innovation and expertise across all maritime related contracts, Veson serves more than 38,000 users across 2,400 companies in more than 100 countries. The Dubai office adds to the six centers of excellence Veson already operates in Boston, London, Singapore, Tokyo, Houston and Athens. About Veson Nautical Veson Nautical empowers the global maritime industry to navigate compounding complexity on all sides of the trade. Multi-jurisdictional regulations, geopolitical disruptions, decarbonization, cybersecurity threats, and more are forcing industry participants to recalibrate their risk tolerance. By combining trusted maritime data with built-for-purpose workflows, Veson gives clients the decision-making confidence to manage risk and maximize profit. Kevin BaxterSenior PR & Communications ManagerKBaxter@ +44 (0) 20233970102 Veson Nautical Press TeamOffice +44 (0)20 3397 0102press@ in to access your portfolio
