VesselsValue has acquired Norwegian shipping research and advisory company ViaMar.

The Oslo-based company provides market research and advisory services in shipping, energy and financial markets. It has particularly strong relationships with major banks, investment funds, operators and traders, predominantly focused in Northern Europe and the Nordic countries. 

Using its forecasting model, ViaMar produces quarterly reports to highlight key turning points for the bulker, tanker, container and LPG sectors, as well as incorporating freight earnings and vessel valuations into its reports.

Reidar Sundvor will remain as managing director of the ViaMar Oslo office running day-to-day operations. The Oslo team will work collaboratively with VesselsValue to expand the forecasting, data, analysis and advisory products.