Ship valuations: a primer for the puzzled

by Sydney P. Levine, President Shipping Intelligence, Inc., New York

The current controversy about ship valuation is a classic case of unrealistic expectations. Those who are most upset about the state of ship valuation want it to be something that it is not, never has been and never can be. Here are a few questions and answers that may clear up the confusion.

What is a ship valuation, anyway?

A ship valuation is an estimate of the market value of a specified ship at a specified time. It is, in the valuer’s opinion, the price that would be agreed to by
Willing and independent buyer and seller in an “arms length” transaction.

How is a valuation done?

This is only an excerpt of Ship valuations: a primer for the puzzled

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