International Ship Valuation Panel Formed

Thursday, July 13, 2000
An International Ship Valuation Panel has been created to provide service to the maritime community by offering the all-encompassing opinion of ship values from four long-time established international ship brokerage firms. Comprised of Barry Rogliano Salles, Paris; Clarksons, London; Jacq. Pierot Jr. & Sons, N.Y.; and R.S. Platou Shipbrokers, Oslo, the panel will offer an alternative to individual valuations that will be especially significant in more complex cases, such as purchase options/obligations, public offerings, fleet mortgages and disputes between parties.

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