Q88

"...In today's environment, there is a proliferation of data, but a scarcity of information. And you have so many sources, some good some bad. If you're in an organization that's consuming data, you first need to understand how it's gathered, how its maintained and what the quality level is, is it validated. And as you cross those thresholds, the real question becomes 'how do you distill it down to the operational decisions you need to make?'" Russ Hubbard, our Chief Commercial Officer, sat down with Tradewinds during Posidonia to discuss "Context beyond the contract". He went on to say: "The rich data that's out there in the industry became something [our clients] wanted to see in context as they were looking at through the contract and the operations side." Watch the full interview here: https://lnkd.in/e7Jiuhsa #Posidonia2024 #Posidonia #PosidoniaTV #ShippingData #IndustryContext #DataAnalytics

We’re pleased to attend INTERCARGO’s 2024 event in Tokyo from May 20-21! Business Development Manager SHOTA ITO will lead the discussion, “Macroeconomic events affecting the dry bulk market,” at 3:00 JST on May 21 at the Kaiun Club Hall. We look forward to connecting with industry peers on regulatory challenges facing the dry bulk sector and how shipowners, managers, and operators can improve efficiency in relation to the environment. #Intercargo #Drybulk #Shipping #MaritimeIndustry #Sustainability #Veson

As digitalization sweeps the maritime industry, finding the right digital platform is key to gaining a competitive edge. With the IMOS platform, maritime operations become faster, safer, and more profitable. In our upcoming webinar, Veson Solution Consultants Aidan Williams, Jeroen de Man, and Leo SK Isaiah will follow a voyage though the maritime shipping commercial lifecycle and showcase a series of IMOS capabilities for both owner-operators and commodity traders. Date and time: Wed., May 29, 2024 @ 9:00 a.m. BST Ready to see the IMOS platform in action? Secure your spot today: https://hubs.ly/Q02wdDhl0 #ShippingIndustry #MaritimeTech #DigitalTransformation #CommodityTrading #IMOSPlatform

The increasing shift toward decarbonization is proving to have a positive outlook for the dry bulk sector as steel, iron-ore, and other energy sources are projected to surpass coal and stand for more than one-third of global electricity generation by 2025. "Based on the IEA forecast, our analysis indicates that the advantages stemming from the expansion of renewable energy capacity may outweigh the negative effects of diminished coal demand,” shares Senior Shipping Economist Mikkel Nordberg. Read the full whitepaper, “When Global Warming Cools Down, Dry Bulk Heats Up,” to learn how decarbonization will affect dry bulk volumes and ton-mile demand in the short and long term: https://hubs.ly/Q02qDYBk0 #Decarbonization #DryBulk #IronOre #SustainableShipping #Veson

The intensifying focus on climate change and decarbonization is increasing the importance of replacing coal with renewable energy sources, and the International Energy Agency (IEA) anticipates a substantial reduction in coal demand in the coming years. Given that coal is an important driver for dry bulk demand, this shift is likely to bear negative consequences for dry bulk owners. However, the green transition requires a considerable upswing in renewable energy capacity to replace coal, prompting a surge in the construction of solar panels and windmills. The construction of these green technologies requires substantial quantities of steel, iron ore, and other dry bulk commodities, which could boost demand in the dry bulk sector. Understand key decarbonization demand drivers and their impact on dry bulk ton mile demand by reading our Senior Shipping Economist Mikkel Nordberg's latest whitepaper. Click here to download: https://hubs.ly/Q02qDYBk0 #Decarbonization #CoalDemand #DryBulkCommodities #IronOre #IronOreDemand