Valuations

Assessing the value of all types of commercial vessels is an important field of endeavor for Fearnsale. Regularly assessing the value of vessels is important for a number of reasons. First of all, mortgage providers need to know the updated market value of the assests for which they provide loans.

Regular valuations also provide a record of the shifting value of shipping assets over time, and by creating regular valuations of standard types of vessels, Fearnleys is able to develop time series which tell the story of market values; these series may then be analysed with respect to other market phenomena over the same period. With a substantial portfolio of banks and other financial institutions requiring regular assistance in placing a value on commercial tonnage, Fearnsale´s volume of valuations in the course of a year often numbers in the tens of thousands.

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