New Chinese valuation platform eyes VesselsValue and Clarksons’ turf
- State-owned ShipBidNet launches Maritime Asset Analytics, an AI-powered vessel-valuation system to challenge Western dominance
- Platform emphasises localisation advantages and data security, aligning with new regulations on data exports taking effect in July
- Winning trust in the global market is seen by some as a key challenge for the China-backed platform
New Chinese vessel valuation platform promises data sovereignty, but global acceptance remains an open question
