VesselsValue has teamed up with ViaMar, an Oslo based shipping advisory firm, to produce Future Market Values (FMVs) for each vessel in the Tanker, Bulker, Container and LPG fleet (circa 40,000 vessels). It enables our clients to instantly predict future sale prices of individual vessels, fleets or user defined portfolios until the predicted end of each vessel's life.
   ViaMar was established in 1996 in Norway by Reidar Sundvor and the late Even Engelstad. They provide objective analysis of shipping markets and employ a fundamental model. Viamar, like VesselseValue, strongly believe that all analysis must be backed up by robust and transparent automated models.
   To further this aim, with all forecasts are compared against VV market values in real time to produce live accuracy statistics, a feature no other provider offers.
   VesselsValue have been receiving demands from clients are want to use FMV as one input in their scenario analysis work, with many also using DCF, linear depreciation and demolition values as other inputs.
   Separately, VV's core banking clients’ compliance departments are also actively using the new functionality to check values over the tenure of the loan.