Valuing anything in these hyper-litigious times is surely a very dangerous business. Given the intensely cyclical nature of the shipping business, it would seem that valuing ships has to be one of the most dangerous professions of all.
It seems, though, that doesn’t have to be the case if the valuer behaves professionally, ethically and very, very carefully. The author, who writes regularly for these pages, has many years of experience of valuing ships. He knows how to do so to keep both buyers and sellers happy. His work is like many activities to do with ships, both a science and an art.
This brief but comprehensive handbook offers the reader the benefits of the author’s long and widespread experience. Anyone tackling this forbidding, danger-fraught role would be very well advised to buy and carefully read this excellent book.
Author: Kent Stewart
Available from The Institute of Marine Engineering, Science and Technology, London UK