EVALUATION OF SHIP AND SEA VEHICLES

Approximately 80% of the goods and services subject to world trade are provided by sea transportation. An efficient maritime industry that will facilitate the movement of commodities, products and people is a sign of development, and its good, safe and low cost increases its importance. Within the scope of the valuation of movable assets, the valuation of ships, which has an important place both in our country and in the world, is the valuation of all vehicles on the sea (Research Vessels, Oil-Gas, Floating Platforms, Ferries and Tankers, Commercial and Private Yachts etc.). It is a service that enables the creation of reports required for port management investments and shipyard works.

The valuation processes of marine vessels consist of 2 stages, with the determination to be made at the first stage, the structural, mechanical and cosmetic status is subjected to a detailed examination, and in the second stage, the legal, financial and legal status of the marine vehicle is analyzed and reported.

MINIMUM WHAT SHOULD BE TAKEN INTO CONSIDERATION IN THE SHIP APPRAISAL?

  • Ship's size, tonnage (evaluated as TEU, DWT, BHP or CBM)
  • Registration of ships own IMO number
  • Type of ship (evaluated among dry cargo, container, tanker, LPG, LNG etc.)
  • Class of the ship
  • Purpose of the ship
  • Age of the ship
  • The salient features of the ship (coating system, heating system, lifting force, engine power, pulling force, deck section features, gear wheel features, ice class features, etc.)
  • Checking the physical performance status of the ship and the certificates of these physical performances, if any
  • Flag state to which ships are subject, international maritime rules and class requirements in class surveillance
  • Examination of the legal documents of the ship, whether there is any pledge or arrest warrant.
  • Ship's AIS position

HOW DOES THE SHIP APPRAISAL PROCESS PROCEED?

It is first learned whether the ship subject to the report is subject to a legal sanction by consulting the port authority to which it is connected. This is because the procedure will work differently if the asset in question has a business pledge.

The general condition of the ship is handled down to the finest detail. The age, tonnage, class, structure, features, survey determination, the condition of the engine room, the condition of the equipment, the capacity of the equipment, the control of the lifesaving equipment, the control of the fire equipment, the capacity and condition of the warehouses are examined in detail by experts.

In addition to these examined details, in order to determine the value of the asset itself, it is seen where the product is in the trading part by examining the secondhand markets under current market conditions.

The economic dynamics of the current process also play an important role in the valuation of cruise ships and trade ships. In other words, in the process of examination, in which port environment the ships are, what the type of the ship is, what its tonnage is, what percentage of the cargo it needs to carry, demanding supply, what in the case of ship trade, and even this valuation including what the ship has is effective. We have written all of these in our main points and an adequate valuation report is sent to the relevant authorities.

As Aden Appraisal, we complete the appraisal report required for every person and institution involved in the processes we mentioned. During this appraisal process, our competent engineers and business partners make technical reviews of aquaculture, aquaculture integrated systems in inland waters and seas with all support equipment. In addition, merchant ships, tankers, fishing boats, passenger boats, gulets, motor yachts, container ships,dry cargo ships, floating platforms, ferries, commercial and private yachts that have all kinds of marine characteristics, idle, in the repair process, still under construction, or operated marine vessels are inspected according to the reporting requirements and the appraisal is formed.

EVALUATION OF SHIP AND SEA VEHICLES
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