VESON NAUTICAL Announcements AT CMA SHIPPING

Friday, March 27th, 2009

Veson Nautical Launches IMOS v6.

New Release Delivers Intelligent, Proactive Solution to Charterers, Operators and Accounting Staff.

At the Connecticut Maritime Association 2009 Shipping Exposition today, Veson Nautical unveiled version 6 of its flagship Integrated Maritime Operations System (IMOS). Veson Nautical IMOS v6 delivers a powerful solution tailored for each user based on his/her role within the organization that both enhances productivity and enables even more informed decision-making, which is critical in these unsettled times.

“IMOS v6 provides a ‘management by exception’ solution that we feel will change the paradigm of commercial shipping software available today,” remarked John D. Veson, President of Veson Nautical. “Whether you are a trader, operator, charterer, or in finance, Veson Nautical IMOS v6 drives the workflow; rather than simply acting as a repository for information. It proactively provides the user with ‘what’s next’ and ‘what if’ scenarios, which lead to more informed decision making. We’re very excited about the launch of Veson Nautical IMOS v6 because, especially in these volatile times, it provides a solution that inspires confidence in decisions that must be made to help insure profitability.”

Veson Nautical IMOS v6, the company’s flagship software system, provides an innovative, efficient approach to organizing and managing a shipping company. The software consists of nine core modules: Chartering, Operations, Financials, Cargo Planning, Trading, Demurrage, Pooling, Data Center and Data Services, which can be integrated to build complete solutions for commercial maritime organizations including dry bulk, tanker, LNG, chemical, container and barge companies. Veson Nautical IMOS v6 provides customers with a number of new features and benefits to greatly enhance the user’s experience.

Streamlined user interface, new contract management features, and powerful planning tools are just some of the features available with this version, including:
User Interface and User Experience:
1) Streamlined navigation with fewer clicks and enhanced keyboard access
2) IMOS desktop remembers tab, search, report, and view settings across sessions
3) ”Tear-Off Tabs” for side-by-side window display
4) Flexible lists with user-controlled column layout, sort order, filters and views
5) Enhanced form interfaces throughout
Contract Management:
1) Captures more details, supports more contract variability
2) Positions contracts as templates to coordinate work flow,
3) Configurable per-customer, per-port rate tables to automate complex price calculations
4) Job and Lightering contract management
5) Additional master contract types to organize related contracts
Planning Tools:
1) Cargo Matching with voyage and scenario-level plan evaluation
2) Job Planning and TCO Voyage Estimator for safety vessel fleet management
3) Flexible graphical schedules
4) Enhanced maps and map integration

Currently, Fednav Group Limited is installing Veson Nautical IMOS v6 to handle all voyage operations for Fednav’s fleet, which concentrate on the transportation of bulk and breakbulk cargoes on a worldwide basis. “Veson Nautical has really done its homework; this new version offers all the aspects of intelligence, manageability and proactive decision making that companies in the shipping industry need in order to stay competitive,” said Valerie Cordemans, Project Manager for Fednav Group Limited. “We feel Veson’s software is the most compelling package on the market today. In addition, the Veson team is committed to ensuring that installations run smoothly and are completed on time; and that the vendor-customer relationship remains positive, with open communications.

Veson Nautical IMOS v6 is available now. For more information, contact the Boston HQ at +1.617.723.2727 or email info@veson.com.

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Veson Nautical Announces its Veslink Service.

Company Differentiates On Site Products from Web-based Services.

At the Connecticut Maritime Association 2009 Shipping Exposition today, Veson Nautical announced Veslink, its new configurable web-based service that creates a network of trusted contacts for exchanging data vital to successful shipping operations. The company has placed its OnBoard and Distances services under the Veslink banner.

Veslink OnBoard, formerly part of Veson Nautical IMOS, retains its original functionality: it simplifies, manages, and automates vital voyage communications from ships to onshore company offices. It enables officers and the onshore offices to track vessel status through timely position, arrival, departure, and activity reports created at sea—including position/noon reports, port activity reports, departure reports, and custom reports. OnBoard became the first example of a Veslink service because all reports are submitted and routed via the web or email to onshore company offices.

“The shipping industry is moving beyond adopting technology solutions to understanding the importance of having instant access to information. As we continue to update and add modules to Veson Nautical IMOS, it became clear to us that we needed to differentiate between software installed on site and web-based communication services,” said John D. Veson, President of Veson Nautical. “OnBoard is now part of Veslink because it has always been a communication service that gives vessel operators, as well as the ship’s officers, immediate access to vital operations data via the web. Our distances service had been either an on site or web-based service. Now it will be offered only as a web-based service to allow for continuous updates and access to our fully zoomable nautical chart interface which is key to verifying assumptions in routing.”
Veslink Distances now offers integration with Jeppesen Marine C-Map’s state of the art nautical charts. The web-based service allows companies to plan voyages, analyze incident sites, improve efficiency, and limit environmental impact using Jeppesen’s official government-issued maritime navigational charts within a Veson Nautical IMOS installation as well as for individual subscribers of the service. This highly acclaimed cartography and software enables user to chart the best possible course for a voyage. Two versions of the charts are available:
• Zoom Level 1:100,000 built into and included in the IMOS Fleet Map and Veslink Online Distances
• Zoom Level 1:15,000 with point to point and point to port distance calculation

Both Veslink OnBoard and Veslink Distances are available today. For more information, contact the Boston HQ at +1.617.723.2727 or email info@veson.com.

About Veson Nautical
Founded in 1979, Veson Nautical is a US-based maritime software developer whose user friendly, visual approach is based on best practices developed over its 29-year history. The company was an early pioneer in developing industry software solutions, and was the first to automate port-to-port Distance Tables for use in early Voyage Estimating applications. Today, the company’s flagship Integrated Maritime Operations System (IMOS) optimizes profits by streamlining workflow and consolidating information across chartering, operations and accounting departments. Around the world, marine transportation customers in the shipping, energy and defense sectors use Veson’s flexible, easy-to-use and graphically outstanding solutions. The company may be reached via the web at www.veson.com or in their Boston, MA headquarters at +1.617.723.2727.

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