Forward by the Editors of Marine Money
Text By Richard Fulford-Smith of H. Clarkson & Co. Ltd.
Managing Director and Head of Clarksons Sale and Purchase Division
Forward
H. Clarkson is one of the most widely known “brand names” in shipbroking and recently developed and introduced shipvalue.net online. Marine Money was interested to see what set this product apart from other valuation methods offered by their competitors and the below comes from Mr. Richard Fulford-Smith. It gives his assessment of ship valuation practices and his explanation of why ship valuations need be more transparent and thus the need and value, in his opinion, for shipvalue.net.
In general, Marine Money is bullish on the development of new web products and likes to keep our readers abreast of those developments. We are not specifically endorsing the below as the only, or even as the best, product that can help a shipowner, potential investor or cargo owner determine the value of a vessel. Simply, this is a newer and transparent approach which was given a rather thorough explanation from Mr. Fulford-Smith, which is as printed below.
This is only an excerpt of H. Clarkson and Its Approach to Ship Valuation
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