Think Isle of Wight and maritime assets, and you are more likely to imagine yachts than merchant ships. But you might want to think again if you have an interest in the prices of all kinds of cargoships.

The island, off the southern coast of England, is home to the fast-expanding data research centre for VesselsValue, the online business that aims to bring instant, accurate ship pricing to the industry by crunching the numbers and running them through complex algorithms.

VesselsValue