VesselsValue will join Veson’s existing offerings, including Veson’s IMOS platform, market intelligence service Oceanbolt, and the Q88 range of information management products. Oceanbolt was acquired by Veson in September 2021, and Q88 was acquired in May 2022. The latest acquisition is set to finalise in May 2023.
Since its founding in 2011, Vesselsvalue has provided an online platform for ship valuations, market analysis and insights from a dataset that now includes over 81,500 vessels. Veson said the acquisition will bring a team of dedicated maritime specialists, a unique database, and unique modelling capabilities.
The addition of VesselsValue to the Veson stable will enhance data-driven decision-making capabilities within customers’ pre-fixture and post-fixture workflows, said Veson.
Existing VesselsValue clients will see model updates to improve services and the addition of data from Q88 and Oceanbolt.
John Veson, CEO & Co-Founder at Veson Nautical, said: “VesselsValue brings a wealth of knowledge and experience to our organization, and we look forward to them joining the Veson team. 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.”
Richard Rivlin, Founder & CEO at VesselsValue, said: “This is a massive moment for VesselsValue. We are incredibly excited to become part of the Veson ecosystem. Connecting to Veson’s powerful platform will drive VesselsValue further towards our mission to make maritime markets transparent. Clients will now have access to a wider range of unique maritime intelligence and first-class support. I am so proud, and I thank everyone who has helped take this from just an idea to such an important milestone today.”
The companies said that mutual clients will get access to vessel and fleet valuation data within the Veson IMOS Platform, and CII calculations generated within VesselsValue Green product alongside metrics generated within VIP.
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