Ship Valuations
Merchant ships are bought and sold commodities; a merchant vessel is a substantial asset. Therefore bankers and investors need to check how much the asset they are buying or financing is really worth. Also if a merchant vessel is held as a part of a collateral package, it is necessary to update the market value of the vessel to establish whether the collateral conditions are being met.

We do not value the vessel based on her book value and depreciations only, we go further beyond and our approach for valuing a ship consider the followings in addition to common practice in ship valuation :
TCE equivalent and actual revenues. NPV calculations and projections. CV of the vessel IR Market Cycle The Hamburg Ship Valuation Method "LTAV - Long Term Assets Valuation "