January 14, 2022: VesselsValue, a leading online valuation and market intelligence provider for the aviation and maritime industries, has acquired Norwegian shipping research and advisory company ViaMar.

"The Norwegian company provides market research and advisory services in shipping, energy and financial markets. They have particularly strong relationships with major banks, investment funds, operators and traders, predominantly focused in Northern Europe and the Nordics," according to a statement from VesselsValue.

ViaMar produces fundamental quarterly forecasts to highlight key turning points for the bulker, tanker, container and LPG sectors as well as incorporating freight earnings and vessel valuations into reports. The ViaMar team have over 100 years of shipping experience, bringing valuable insight and expertise to VesselsValue having lived through multiple market highs and lows.

Reidar Sundvor will continue as Managing Director of the ViaMar Oslo office running all day to day operations.

(Tom Evans, COO, VesselsValue)

"We are delighted to welcome ViaMar and its clients into the VV family," says Tom Evans, Chief Operating Officer, VesselsValue. "This acquisition provides VesselsValue a strong base on which to develop our forecasting ambitions both in shipping and aviation. We are pleased to also now have an office in Oslo from which we can provide improved levels of insight and service to all clients in the Nordics. With this acquisition, we hope VesselsValue will continue to refine and grow its product offering, pushing for further transparency across the transportation markets.”

Sundvor added: “ViaMar have been cooperating with VesselsValue successfully for more than six years with a growing number of shared clients and synergies. Automated data feeds and cleaned AIS continues to reshape shipping analysis, and ultimately this data with new tools will enable us to offer broader, quicker and better insights for our clients.”

The next step, Sundvor, said, is very positive with the amalgamation of ViaMar’s experience and forecasting capabilities with VesselsValue’s powerful digitalisation and research capacity.

Source: itln.in

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