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VesselsValue Limited terms and conditions for use of data services

IMPORTANT - PLEASE READ THIS AGREEMENT CAREFULLY AS IT GOVERNS YOUR USE OF VESSELSVALUE DATA SERVICES REGARDLESS OF LICENSE TYPE OF DELIVERY METHOD AS OUTLINED IN THESE TERMS. NOTE THAT THIS AGREEMENT CONTAINS IMPORTANT PROVISIONS THAT YOU SHOULD READ. PLEASE PRINT A COPY FOR YOUR RECORDS. CONTINUED USE OF VESSELSVALUE DATA SERVICES INCLUDING USE OF THE VESSELSVALUE WEBSITE CONSTITUTES ACCEPTANCE OF THESE TERMS.

‘Third Party Data’

2.3.1 The Customer acknowledges that certain information and/or data provided via the service (‘VesselsValue Data Services’) is provided by a third party consultant (the 'Consultant'), herein listed: Viamar AS provide VesselsValue Short Term Forecasts which are incorporated in the ‘VV Forecast Market Value’ methodology, ORBCOMM provide VesselsValue with satellite AIS data services and Premium Terrestrial AIS data services, PwC issues discount rates every quarter for standard aged ships in the main sectors to the LTAV Association of which VesselsValue is a member, the VV default discount rate for a vessel is determined from these rates and incorporated into the ‘VV DCF Values’, Strategic Offshore Research (SOR) provide charter information for past, present and future charters of Offshore Construction Vessels and Offshore Support Vessels, the charter information provided is used in ‘VV FCOM’’. All information and/or data provided by the Consultant is provided without warranty of any kind and all warranties, conditions and terms, whether express or implied by statute, common law or otherwise are hereby excluded to the maximum extent permitted by law. Without limiting the effect of the foregoing, the Consultant does not warrant that the information and/or data provided by it is accurate, complete, reliable, secure, useful, fit for purpose or timely or that it will be suitable for or be capable of being used by the Customer or any third party. To the maximum extent permitted by law, the Consultant does not accept any liability or responsibility for any action taken as a result of the information and/or data provided by the Consultant and access to and use of such information and/or data shall not give rise to any duty of care or other duty of any kind between the Customer and the Consultant.

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