Splash has teamed up with the UK’s Maritime Strategies International (MSI) to bring readers a useful new addition to the site.
When covering all S&P deals from now on, as well as the reported price of the deal, readers will be able to view the fair price of the ship according to MSI’s exclusive Forecast Marine eValuator (FMV), the first web-based tool to provide historical and forecast price and cash flow data covering all key deep sea shipping sectors, along with offshore support vessels (OSVs). Readers simply hover over the ship’s name to access MSI’s valuation plus the projected price of the vessel for the next two years.
MSI’s valuation tool uses recent history and near-term perspectives provided via quarterly metrics, while its price forecasts are made on the back of 15 years of forecast annual average data.
Splash already has an existing tie-up with Greece’s MarineTraffic, whereby readers can access details of ships mentioned in our reports. This tie-up is also set to be expanded in the coming months.
Sam Chambers, Splash’s editorial director, commented today: “Our aim from the beginning has been to provide readers free of charge all the deals going on in shipping – who’s buying what and for how much. Today, we take this reporting a step further, giving our readers a rich seam of data, which will help in their day-to-day business lives.”
Dr Adam Kent, managing director of MSI, said: “We are delighted to provide Splash readers with not only indicative current values but also historical and forward ship value assessments from the MSI database, directly within the news stories they are reading. Splash has established itself as a global platform for breaking maritime news and insightful comment and analysis; including MSI prices brings a critical data point that enables readers to understand how values will move across shipping sectors.”
An example of the new feature can be found in today’s Weekly Broker here.