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Peninsula adopts the Veson IMOS Platform to expand its presence in the shipping market and to drive end-to-end solutions.
FREMONT, CA: “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,” says Matthew Dormer, Head of Chartering at Peninsula. Peninsula, a global leader in the supply of marine fuels, has selected Veson Nautical as its technology partner to optimize business operations. Veson Nautical is a leading provider of commercial maritime software and services. Peninsula will manage its bunker marine shipments using Vesons commercial freight management system, the Veson IMOS Platform (VIP). Peninsula will be able to manage mission-critical vessel and voyage data to increase efficiency and make more informed decisions thanks to the platform.
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“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 optimise our operations,” adds Dormer.
Peninsula is increasing the number of DPP and CPP FOB cargo movements and trading its assets with third-party traders/oil majors to expand its presence in shipping markets. As a further step toward establishing a specialized Peninsula Shipping Department, the Veson IMOS Platform will be used to improve these movements.
Peninsula performs over 25,000 bunker deliveries per annum. As a market-leading supplier, Peninsula is a reliable partner for more than 2,000 customers in every region of the world. Its reputation for transparency, coupled with a low-risk tolerance, has garnered the support of a diverse group of stakeholders, who support Peninsula as a leading marine energy provider.
Peninsula operates a fleet of over 40 vessels, including the recently constructed 8,502cbm Hercules Star. The company's goal is to continue to control its supply chain and provide customers with end-to-end solutions.
Peninsula will be able to standardize workflows and collaborate with internal and external stakeholders in a previously impossible manner with the implementation of the Veson IMOS Platform as their primary commercial platform. This enhanced transparency, interconnectivity, and efficiency can unlock new opportunities for Peninsula and facilitate its strategic expansion.
“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,” says Katya Surudina, VP of Global Commercial at Veson Nautical.
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