Real Time Market Values News

A London-based firm of Sale & Purchase shipbrokers established in 1993, today announced the launch of VesselsValue.com, the first online service that provides automated, data-driven valuations, signalling a change in the way ocean going vessels are valued. VV’s software processes the global fleet using all comparable sales, adjusting for sale recency, ship specifications and changes in freight earnings, to produce real time market values in seconds. As an online service, large numbers of valuations can be produced in a cost-effective, convenient, and confidential manner.