A new online platform aimed at bringing more transparency to the vessel sale-and-purchase market is being developed by an employee of Dutch bunkering company VT Group.

Business development manager Hugo Sassen has created Shipboot, a website where shipbrokers can advertise available vessels and shipowners can get a taste of what is available in the market.

His idea stemmed from the lack of accuracy covering publicly listed tonnage sourced through numerous unverified brokers, Sassen says.