Veson to acquire VesselsValue

Veson Nautical has confirmed plans to acquire vessel valuation provider VesselsValue, to add the firm’s proprietary data set and modelling capabilities to the Veson software portfolio.

VesselsValue was founded in 2011 and provides automated vessel-specific valuations, updated daily. With a database consisting of more than 81,500 vessels, the company delivers its services in the form of valuations, reports, and market insights. Adding these products and services to Veson’s existing systems will provide users with access to data inclusive of vessel features within their pre-fixture and post-fixture workflows.

Existing VesselsValue clients can expect improved model updates incorporating information from other sources within the Veson product portfolio, such as Q88 and Oceanbolt, while mutual customers can expect access to vessel and fleet valuation data within the Veson IMOS Platform (VIP), and the ability to see CII calculations generated within VesselsValue Green product alongside metrics generated within VIP.

“VesselsValue brings a wealth of knowledge and experience to our organisation, and we look forward to them joining the Veson team,” said John Veson, CEO and Co-Founder at Veson Nautical.

“In addition to valuing the world’s fleet, VesselsValue has a sophisticated analytical valuation methodology which we will harness to provide our clients with deeper insights to promote sustainable commercial and operational decisions.”

VesselsValue’s maritime brand and product line will continue to operate under the Veson umbrella, becoming part of Veson when the acquisition is finalised in early May. The area of VesselsValue that focuses on aviation will be spun out into a separate, standalone company.

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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