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Vessel - Fair Market Value (FMV)

Contents

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Vessel FMV from Clarksons / VesselsValue style - DWT × age-scaled benchmark price.

Formula

$$ FMV \approx NB \cdot 0.93^{\text{age}} $$

Symbol legend

SymbolMeaningUnitSource
$NB$Newbuild price for segmentM USDClarksons
$age$Years from keel layingyearsship particulars

Sources

  • Clarksons Shipping Intelligence.