Compass Maritime is one of the world’s leading ship appraisers of both U.S. flag and foreign flag vessels. We conduct on average over 500 valuations annually, evaluating a wide range of vessel types including bulk carriers, container ships, passenger ships, offshore vessels, tankers, tugs and barges.

We conduct vessel valuations including market approach, income-based approach, replacement cost method and discounted cash flow analysis (DCF). We appraise vessels and shipping assets on behalf of:

  • Attorneys
  • Banks and financial institutions
  • Insurance companies worldwide
  • Private owners
  • Publicly listed companies
  • Ship owners and operators

In addition to providing valuations services to our clients and valuation certificates on a case-by-case basis, we also provide accurate, realistic evaluations to the courts. Our valuations have been used in prospectuses for initial public offerings (IPOs) in both domestic and international stock exchanges, in publicly traded companies’ annual reports and in the issuance of equity and debt (bonds).

Compass Maritime is privileged to be one of six global panel members of the Baltic Exchange Demolition Assessment Panel (BDA).

 The Baltic Exchange includes this weekly data in the calculation of its respective Baltic Exchange ship valuation indices.