Press Release
Peninsula Appoints Technology Partner Veson Nautical to Increase Fleet Visibility
Marine fuel supplier Peninsula adopts the Veson IMOS Platform to expand its presence in the shipping market and drive end-to-end solutions
September 13, 2022 | Gibraltar, Gilbraltar and Boston, MA
Peninsula, a global leader in the supply of marine fuels, has today announced its selection of Veson Nautical, a leading provider of commercial maritime software and services, as their technology partner to optimize business operations. Peninsula will be leveraging Veson’s commercial freight management system, the Veson IMOS Platform (VIP), to manage its bunker marine shipments. The platform will allow Peninsula to manage business-critical vessel and voyage related data to help improve efficiency and make informed decisions.
Matthew Dormer, Head of Chartering at Peninsula said: “To build a stronger presence in the shipping market, it is imperative that we invest in the gold standard of shipping software, as we are now at a critical mass that necessitates it.
“Technology is one of our three core pillars, however we are aware that we need to invest in digital solutions that enhance our offering and has a strategic purpose within our business. The Veson IMOS Platform ticks all the boxes for us and will allow us to collect data on location, ETA, bunker status, fuel consumption, and more. The data collected will help strengthen stakeholder relations as well as optimize our operations.”
“The Veson IMOS Platform ticks all the boxes for us and will allow us to collect data on location, ETA, bunker status, fuel consumption, and more. The data collected will help strengthen stakeholder relations as well as optimize our operations.”
Matthew Dormer, Head of Chartering, Peninsula
Peninsula is expanding its presence in shipping markets by increasing the number of both DPP and CPP FOB cargo movements, as well as trading its own assets with third party traders/oil majors. These movements will be further enhanced using the Veson IMOS Platform as a further step towards creating a dedicated Peninsula Shipping Department.
Peninsula performs over 25,000 bunker deliveries per annum. As a market-leading supplier, Peninsula is a trusted partner to over 2,000 customers in every corner of the globe. Its reputation for transparency, combined with a low risk tolerance has garnered support from a wide range of stakeholders who collectively support Peninsula as a leading marine energy supplier.
Operating a fleet of over 40 vessels, including the recently built, 8,502cbm Hercules Star, Peninsula’s goal is to continue to control its supply chain and build end-to-end solutions for its customers.
Katya Surudina, VP of Global Commercial at Veson Nautical, said: “We are very pleased to be working with Peninsula to help support their continued growth and expansion. By implementing the Veson IMOS Platform, Peninsula can finally centralize key operational and commercial data, enabling them to deliver high value solutions to their customers in a more streamlined, transparent, and end-to-end fashion than ever before. This marks an important milestone in their innovation, and we are excited to be a part of that journey.”
With the Veson IMOS Platform in place as their fundamental commercial platform, Peninsula will be able to standardize workflows and collaborate, both internally across the organization and with external stakeholders, in a way that was not possible before. This enhanced level of transparency, interconnectivity, and efficiency can unlock new opportunities for Peninsula and help support their strategic growth.
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About Peninsula
Peninsula is a global leader in the commercialization and supply of marine fuels. With an international network of offices and operations in major world ports, Peninsula always guarantees high-quality products and first-rate customer service. It has a complete range of services that includes its own supply vessels, shipping agency and a global network of technical assistance and maintenance to the world fleet. Thanks to having assets deployed in twelve international ports, eighteen world offices and around twenty thousand supplies per year, the company brings enormous commercial flexibility to its clients. Last year Peninsula incorporated LNG to its catalogue of products, supporting the maritime energy decarbonization and transition to greener fuels.
About Veson Nautical
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 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.