Orders amounted to $43.4 billion, 47.4% of the year’s total orders and surpassing entire cargo fleet order value of 2020

VesselsValue, a leading online valuation and market intelligence provider for the aviation and maritime industries, has acquired Norwegian shipping research and advisory company ViaMar.

Vessels and aircraft are both high value, depreciating, globally movable and volatile assets. Most vessels and aircraft have values between $10 million-$200 million, a lifespan of 25 years, and experience cyclical markets.