Maritime Expert Valuation

Market Value Determination

The expert valuation assesses:

• Overall vessel condition

• Age and maintenance history

• Technical configuration

• Installed equipment

• Comparable market references

Market value must be supported by technical criteria, not solely by commercial expectations

Structural Condition Assessment

Valuation includes technical inspection of the hull and primary structures:

• Structural integrity

• Possible deformations

• Thickness loss due to corrosion

• Previous structural repairs

• Regulatory compliance status

Structural condition directly influences the vessel’s economic valuation.

Post-Casualty Valuation

Following a marine casualty, the expert valuation may determine:

• Actual scope of damage

• Technical repair costs

• Reduction in market value

• Impact on structural safety

This assessment is essential in insurance claims and contractual disputes.

Residual Value Determination

Where repair is not technically viable, the report may establish:

• Residual vessel value

• Reusable components

• Remaining structural condition

• Technical feasibility of reconstruction

Residual value must be supported by objective engineering analysis.

Scope of Application

Naval Expert Valuation applies to:

• Recreational craft

• Yachts and megayachts

• Commercial vessels

• Judicial proceedings

• Sale and purchase transactions

Each valuation must be adapted to the vessel’s type and operational profile.

Legal Validity of the Report

A Naval Expert Valuation Report may be used in:

• Judicial proceedings

• Insurance claims

• Contract negotiations

• Casualty settlements

The report must be technically substantiated and drafted in accordance with Naval Engineering principles and applicable maritime regulations.