Category: valuation

Vessel Appraisal Lunch & Learn

On May 29, 2018, David Tantrum provided a Lunch & Learn presentation to one of the marine industry leading insurance companies, Starr Marine. The presentation covered vessel valuation methodologies and included topics such as un-repaired damage claims, unique vessel appraisals, and U.S. versus foreign flag vessel construction costs to name but a few. The Lunch… Read more »

A New Approach for Determining Optimal Fleet Procurement

I try to attend the SNAME annual meetings every year. Mustering the energy to attend can be daunting, but once I am there, I realize that there are so many benefits to attending the annual meeting that the cost and time are well worth it. At every meeting I try to attend as many technical paper presentations… Read more »

A New Direction – Using the M&O Vessel Appraisal resources

Martin Ottaway has been providing vessel appraisal services to various clients in not only the Maritime Industry but also to Financial Institutions, Investment Groups, Governments, Insurance companies and many others for well over a century. Our in-house vessel appraisal data and resources date back to the late eighteen hundreds with the older data being maintained… Read more »

M.Y. “SEA CLOUD” / “PATRIA”

Recently we were contacted by the son of a past client of Martin & Ottaway from the 1960’s and 1970’s. Our client, Clifford Barbour, along with William Ottaway and others were all involved in the sale of the “Patria” in 1966 from the Dominican Republic, and her subsequent renovation and reconditioning and renaming as the “Antarna.”… Read more »

When Lloyd’s Registers Were Secret (TBT)

Since 1764, Lloyd’s Register has published annually what is basically the definitive list of ocean-going vessels in the world.  Our office – and many other maritime offices worldwide – use these “registers” regularly, since they contain valuable, authoritative information on ship size, carrying capacity, age, builder, and equipment, to name a few.  We keep our old… Read more »

A Better Way To Manage Fisheries

Fisheries management is an excruciatingly complex subject. The management (or mismanagement)  of fisheries can very rapidly affect the viability of the industry and has all sorts of carry on effects. Martin & Ottaway sees these effects in fishing boat accident investigations and fishing boat valuations. For example, a fishing boat value is not just tied… Read more »

A NORMANDIE Semi-Mystery

The Normandie is by far my favorite passenger vessel from a design point of view (on a pure love/looks basis, the pre-war Nieuw Amsterdam II beats her by a small margin). Years ago I came across a set of drawings in our office with a last correction date of February 9, 1942 that show the… Read more »