Navigating Ship Valuation: Insights into Global Methods and Challenges
MTS Logistics
JUNE 21, 2024
Do you ever wonder how a ship’s value is determined? How do the shipowner companies make decisions about purchasing and selling different kinds of ships? Below are some explanations and methods that are used worldwide. There is one dilemma discussed which is whether the price is equal to the value. To understand this question we need to look at the following methods: Income Approach Market Approach Cost Approach The income approach requires a forecast of future cash flow.
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