The value of any vessel is influenced by various aspects, such as the original value, the age, the current condition and its location, as well as the time of the year.

The surveyor will inspect all the equipment on board and the systems. The report will show the vessels overall condition , which will lead to an estimated fair market value.

This valuation will offer comparison to similar vessels on the market or recently sold vessels.

The valuation survey is commonly requested by a seller or financial institution.