Report

VesselsValue Market Value Accuracy Report

Measure, test, and track vessel valuation accuracy across global shipping markets.

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Track valuation performance with independently verified accuracy metrics.

Asset values underpin every commercial decision in shipping, from sale and purchase negotiations to financing, portfolio management, and regulatory reporting, yet valuation accuracy is rarely tested.

The VesselsValue Market Value Accuracy Report provides a clear, data-driven view into how Veson Nautical’s valuations perform against real-world market outcomes.

Updated monthly, the report delivers:

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An up-to-date snapshot of valuation accuracy across the overall market

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1-year and 5-year accuracy distributions to provide short- and long-term context

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A consistent framework for tracking accuracy over time

Fill out the form to download the report and learn how VesselsValue delivers reliable, transparent valuations you can trust.

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“Before VesselsValue, we used to do a lot of this work manually. We were actually calling people to try and find out who the ultimate beneficial owner is, who the technical manager is—all this data now is readily available and given to us.”

Faidon Panagiotopoulos | Head of S&P
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“Having access to a wide range of timeseries including earnings, opex, fleet statistics, technical, transactional and AIS databases has benefitted our business. It has enabled us to report to our investors more rigorously and transparently, to better pitch to future investors, and to position ourselves to capitalise on short- and long-term investment opportunities.”

Jason Poh | Chief Financial Officer
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“As a shipowning company, having easy access to real-time values of our fleet, as well as our competitors’ fleets, has greatly improved our financial decision-making processes.”

Xiaobei Wang-Diesing | Financial Controller

Frequently asked questions on valuation accuracy

What is a vessel valuation accuracy report and why do shipowners, banks, and auditors need it?

A vessel market value accuracy report is a backtesting document that compares our vessel valuation model against actual sale prices across Tankers, Bulkers, Containers and other segments. It shows objective error metrics (such as mean percentage error and MAPE), any model bias, and the performance of our shipping valuation model over time.
 
Shipowners use the report to gain confidence that published market values reflect achievable transaction prices, supporting sale and purchase decisions, internal fleet valuations, and discussions with lenders or investors.
 
Banks, lessors and funds in the UK, EU, US and Asia use this accuracy report as audit evidence and to support valuation model validation, proving to internal risk teams and external auditors that they are relying on a robust, independently tested vessel valuation supplier. 

How often do you update your vessel valuation accuracy and backtesting results, and which regions are covered?

We update our vessel market value accuracy report on a monthly basis, using the latest transactions and market intelligence to backtest our model. Each report summarizes how our vessel valuations have performed versus realized sale prices over the period, including error distributions by vessel type and age.
 
This provides an up-to-date view of how valuation accuracy evolves under changing market conditions. The underlying model and backtesting cover global shipping markets — including vessels trading in Europe, the Middle East, Asia-Pacific, and the Americas — so banks, investors, and shipowners can rely on a single, consistent view of valuation accuracy across all their fleets and portfolios, regardless of where vessels are flagged or financed. 

How can banks use your vessel valuation accuracy report for model validation and regulatory compliance?

Banks typically use our vessel market value accuracy report as part of their model validation and vendor approval process. The report provides the quantitative evidence that credit risk, model risk and audit teams need to assess vessel valuation model accuracy, including backtesting against actual transactions, error metrics, and methodology.
 
For institutions subject to ECB / EBA guidance in Europe or applying IFRS fair value and prudent valuation standards globally, our documentation helps demonstrate that their shipping collateral valuation models are independently tested, monitored over time, and suitable for use in regulatory and financial reporting. 

What data do you use to measure shipping valuation accuracy and track model performance?

Our shipping valuation accuracy is measured by comparing our daily vessel market values against a large sample of verified sale prices across key asset classes: VLCCs, Suezmax, Aframax, MR tankers, Capesize and Handysize Bulkers, LNG/LPG carriers, and Container ships.
 
Each month, we calculate valuation error metrics (mean error, mean absolute percentage error, bias) for different vessel types, sizes, ages and regions, giving banks, funds, and shipowners in major maritime hubs like London, Oslo, Athens, Singapore, and New York a transparent view of how the model performs on the parts of the market that matter most to them.

How can I access the latest vessel valuation accuracy report if we are based in the UK, EU, US or Asia?

The monthly vessel market value accuracy report is available as a gated download directly from our website and can be accessed by shipowners, banks, funds, and leasing houses in any region – including the UK, EU, US, Middle East, and Asia-Pacific.
 
Simply complete the short form on this page to request the latest vessel valuation backtesting and accuracy documentation. Once submitted, you’ll receive secure access to the overall market PDF report, which can be shared internally for valuation review, risk assessment, or audit and due-diligence purposes.