Seasure Shipping Ltd News

The online ship valuation service, which already covers tankers and bulkers, is now valuing Containerships from Feedermax (500 teu) up to ULCV (18,000 teu). VesselsValue was launched earlier this year by London based S&P broker Seasure Shipping Ltd. The service provides instant, data-driven ship valuations and market insights for vessels and portfolios which are currently being used by sophisticated players in the commercial banking, investment fund, ownership and broking sectors. The service signals a change in the way ocean going vessels are valued.

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.