Marine Valuations, Condition Surveys
Interface Marine are independent marine valuers with a well established client base for marine valuations & financial appraisals on a range of vessels from small marine craft to Super Yachts, with values upwards of 30 million euro. Our clients include private individuals, banks, law firms, financial institutions, private family offices, insurance underwriters and management companies.
- Yacht Finance
- Security for an existing loan
- Pre sale valuations
- Forced sale
- Insurance purposes
- Legal disputes between owning parties
The valuation methodology applied is based on the International Valuations Standard Council (IVSC) and includes an assessment of the vessel’s overall condition along with a detailed comparative analysis of the same or similar vessels listed in the sales and purchase market. Depreciation and operational costs assessments are included in the valuation and a forced sale value estimation can be provided on request.
Phil Duffy our Principal Surveyor has written a guide on Marine Valuations in paper back; available soon on kindle…