US-based freight management software specialist Veson Nautical has followed up on its acquisition of vessel valuation platform VesselsValue by acquiring Shipfix
Veson Nautical described Shipfix as a collaborative data platform for the maritime and trade sectors driven by advanced AI-enabled tools.
"As Veson’s second acquisition this year, Shipfix will 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," the company said.
In April 2023, Veson Nautical bought UK-based vessel valuation and information analysis firm VesselsValue. The financial details of the deal were not reported.
Shipfix was founded in 2018 to use AI to make chartering desk email systems more efficient. The company said it has since expanded from chartering and trading to operations teams and physical trading in freight markets as well as dry goods and liquid cargoes.
"Shared clients will see the combined impact of Veson Nautical and Shipfix as Shipfix’s pre-fixture data and insight capabilities are combined with Veson’s existing end-to-end workflows," Veson Nautical said.
John Veson, Co-founder and CEO at Veson Nautical, said: “A massive amount of data goes into pre-fixture decision-making. We’re fortunate to have a growing integrated dataset that helps clients leverage contextual data across vessel specifications, ownership structures, commodities, trade flows, and tonnage flows, all in one place. I am thrilled to officially welcome Shipfix’s expert team to Veson as we add their market-validated and accepted chartering and operations platform to our suite of solutions.”
Antoine Grisay, Co-founder and Co-CEO at Shipfix said: “Together with Veson Nautical, we will deliver the ultimate integrated workflow and data experience shipping and trading companies have demanded for over a decade. We are very excited to start executing on the synergies between the companies. Our combined expertise will allow us to build a set of trading and operating insights that meet the increasingly sophisticated requirements of freight market participants.”
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