Tag: appraisal

I try to attend the SNAME annual meetings every year. Mustering the energy to attend can be daunting, but once I am there, I realize that there are so many benefits to attending the annual meeting that the cost and time are well worth it.

 

At every meeting I try to attend as many technical paper presentations as possible, but it is very difficult to get in more than about 8 presentations because there are so many other important activities. These activities range from my very satisfying involvement on the (mt) editorial board, to meeting with other professionals (which through a bizarre set of circumstances included Chris Kraft, the NASA legend), mining for new technical solutions at the exposition, re-establishing old contacts, and making new contacts (especially with the very committed young professionals who have decided to attend).

 

Regardless, central to all of this is the ability to learn, and at the end of each annual meeting I always ask myself: "What was the most important thing I learned?"

 

This year the outstanding learning experience was the paper by Dr. Doerry and Dr. Koenig: "Framework for Analyzing Modular, Adaptable and Flexible Surface Combatants." read more »

Martin Ottaway has been providing vessel appraisal services to various clients in not only the Maritime Industry but also to Financial Institutions, Investment Groups, Governments, Insurance companies and many others for well over a century.

 

Our in-house vessel appraisal data and resources date back to the late eighteen hundreds with the older data being maintained in journals and hand written ledgers and the newer (1980’s) information in electronic data sheet form.

A typical ship valuation project for Martin Ottaway would be a client requesting the current market value for a maritime asset or asking for the value of a piece of equipment at a date sometime in the past.

 

However in several recent matters we have been asked to use the appraisal resources we maintain to provide statistical data and trends in ship sales over specific time frames.  Not only has this been related to the cost of ships but also to the various vessel characteristics of ships, such as flag, country of construction, classification society and others.

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Recently we were contacted by the son of a past client of Martin & Ottaway from the 1960’s and 1970’s.

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