International Ship Valuation Panel Formed

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.