We have an extensive record of appraising vessels and shipping assets on behalf of shipowners, banks, leasing companies, insurance companies, customs, courts, etc.
Most of our appraisals are standard desktop valuations. Upon request of some clients we provide detailed vessel valuations made with the use of three widely accepted asset valuation methods:
- Market Approach method;
- Replacement Cost method;
- Income Approach method (inclusive an income approach variation unique to shipping, known as Hamburg Ship Valuation Standard).