Industrial Consulting

Desk-top Valuation Of Marine Assets

For over 40 years, ValuStrat has been providing multi-asset class valuation services to clients from all sectors, including marine appraisals which are an integral part of that offering. Our Industrial Consulting division provides RICS compliant valuation reporting for all types of marine assets for any project and purpose. In addition to a full appraisal based on a physical survey of the assets, we also provide ‘Desk-top Valuations’ for marine assets whenever a physical survey is not possible or feasible, or perhaps when it is really not required; e.g. if the assets have been already surveyed recently and just an updated valuation is required. Desk-top Valuations is one of the key services offered by our Industrial Consulting division to clients across the world who would like to benefit from our valuation and technical expertise, but don’t require the assistance for surveys.

Being online/desk-top, our proposition offers significant cost savings as we utilise our internal capabilities, expertise, know-how and databases to derive asset values remotely without having the need to physically inspect an asset. Besides the cost-benefit, it also aims to improve turnaround times for report deliveries as on-site visits are not required, helping clients reach better decisions at a faster pace.

Our Industrial Consulting division with a team of RICS certified asset valuers have combined technical and practical industrial experience across all industry sectors to undertake reliable and accurate valuations.

Our team of valuers has multi-geography technical expertise especially appraising marine assets such as :

  • Shipyards
  • Fast Support Vessels (FSV)
  • Platform Supply Vessels (PSV)
  • Oil Tankers
  • Lifeboats
  • Anchor Handling Towing Supply Vessels (AHTSV)
  • Product Vessels
  • Offshore Support Vessels (OSV)
  • Crew Boats
  • Work Boats
  • Jack Up Rigs
  • Barges
  • Marine Dredgers
  • Dry Bulk Vessels
  • Large, Medium-Speed Roll-on/Roll-off (LMSR) Vessels
  • Passenger Ferries
  • Cruise Vessels
  • Offshore Support Vessels
  • Chemical Tankers
  • Anchor Handling Tugs
  • Cruise Ships
  • Private Yachts

Clients engage us for desk-top based marine asset appraisals for:

  • Asset-Backed Financing
  • Leasing/Releasing 
  • Insurance Purposes
  • IFRS (International Financial Reporting Standards) Implementation
  • Audit/Accounting Compliance
  • Taxation
  • Due Diligence/Cost Investigation
  • Merger & Acquisition
  • Purchase Price Allocation
  • Disposal/Divestment
  • Sale Advice & Insolvency
  • Litigation/Legal Dispute

Our industrial consulting team provides desk-top valuation reports for clients who are based in or have marine related assets located in Middle East, Africa, Europe, UK, Asia. We have prior experience of the market having already worked on similar projects for our clients in these continents. Globally our industrial asset valuations team can directly collaborate with end clients, local valuations firms, audit firms, banks, asset finance firms, insurance brokers and insurance firms.

Clients value our technical knowledge and specialist advice. Whether for financial reporting, insurance, corporate transactions, or pre-sale advice, we have the depth of expertise to help them make informed decisions. We have precise knowledge of asset specifications and the technical know-how to develop the correct valuation reports for any requirement. Our detailed reports are prepared as per RICS standards outlining every single aspect covered under valuation. ValuStrat’s valuers consider various factors such as technical depreciation, physical, technological and functional obsolescence, while employing our internal platform and MIS to analyse a company’s fixed asset records. Being a global valuation entity with a comprehensive database, multi-sector valuer expertise, we are able to provide a unique proposition that gives an optimal combination of detailed reporting, value, and faster TATs.

Besides clients also engage us for undertaking an evaluation of Market Value, Fair Value, Residual Value, Reinstatement Value, Orderly / Forced Liquidation along with an assessment of Residual Life for the assets under consideration.

Continue Reading: Technical Due Diligence