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Any individual, institution, organisation or corporate entity (each a “Customer”) acknowledges that VesselsValue Data are collated and processed by and on behalf of VesselsValue in accordance with methodologies and assumptions published and updated by VesselsValue from time to time which do not take into account particular circumstances applicable to individual Customers or Users and therefore; are made available to the Customer on an ‘as is’ basis; (ii) are not intended as a substitute for formal advice; (iii) should not be used solely as trading, investment or other advice; and (iv) are not intended as a substitute for professional judgement.

VesselsValue excludes to the extent permitted by law all implied warranties relating to fitness for a particular purpose, including any implied warranty that VesselsValue Data is accurate or complete or that access to VesselsValue Data Services will be uninterrupted, secure, or error free.

VesselsValue does not exclude or limit its liability for death or personal injury caused by its negligence or that of its agents.

To the extent permitted by applicable law VesselsValue shall have no liability to any Customer for loss of profit or loss of business, or for any special, incidental, indirect and/or consequential damage of any kind, even if it has been advised of the possibility of such damage.

The total aggregate liability of VesselsValue to the Customer in connection with use of VesselsValue Data Services or VesselsValue Data shall not exceed the amount paid or payable by the Customer under the then current Order for the Initial Term or Renewal Term in which the claim arose.

VesselsValue accepts no liability to any third party who benefits from, uses or relies on VesselsValue Data accessed by the Customer. The Customer will indemnify VesselsValue from and against any, losses, damages, costs and/or expenses incurred by VesselsValue in connection with any claim by any such third party relating to VesselsValue Data produced by or on behalf of VesselsValue for the Customer.

VesselsValue shall be under no liability for any failure, delay or omission by it arising from any cause beyond its control, including, but not limited to acts of God, acts or regulation by any governmental or supra-national authority, war or national emergency, denial of service attacks, fire, civil disobedience, strikes, lock-outs and industrial disputes.

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