The acquisition of a prominent valuation provider with a proprietary data set and extensive modeling capabilities will strengthen Vesons' vision of becoming the standard platform that drives maritime commerce.
FREMONT, CA: “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 worlds 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," says John Veson, CEO and Co-Founder at Veson Nautical. Veson Nautical (Veson), the global pioneer in maritime freight management solutions, has acquired VesselsValue. The acquisition will add a market-leading company and brand with a proprietary data set and distinct modeling capabilities to Veson and a maritime industry-focused team.
VesselsValue was founded in 2011 to introduce transparency to the maritime market and is regarded as the industry standard for daily updated, automated, vessel-specific valuations. VesselsValue focuses on acquiring, preserving, and commercializing data through valuations, reports, and market insights for its database of over 81,500 vessels.
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Consumers will access a comprehensive product line by combining VesselsValue products and services with Veson's current offerings. Users' pre-fixture and post-fixture workflows will benefit from enhanced data-driven decision-making capabilities if they can access accurate and timely vessel-specific data.
Existing VesselsValue customers can anticipate obtaining the same high-quality products and services and new benefits, such as enhanced model updates, through incorporating data from Veson product portfolio sources, such as Q88 and Oceanbolt. Access to vessel and fleet valuation data within the Veson IMOS Platform (VIP) and the ability to view CII calculations generated within the VesselsValue Green product alongside metrics generated within VIP are available to clients of both companies.
"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 toward our mission to make maritime markets transparent. Clients will now access 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," says Richard Rivlin, Founder and CEO at VesselsValue.
When the acquisition is consummated in early May, VesselsValues maritime brand and product line will continue to produce market-leading analysis and insights as part of Veson's suite of services. The aviation-focused division of VesselsValue will be spun off into a distinct, independent company.

