This distance learning course shows you how experienced valuers acquire knowledge, gather data and interpret information about vessels and markets to arrive at a pragmatic and impartial figure for their clients.
Shipping professionals who offer valuation services rely on many years’ industry experience to refine their skills. However, their approach is based on a set of fundamental principles, resources and techniques which are presented in this programme.
The six modules will provide:
The first module will provide a general insight into the reasons behind the need for valuations, bearing in mind the market variations that exist and the large number and variety of different industries that have an input.
This module will provide specific detail of how a valuation is constructed, the disclaimers that are included to give the broker legal protection and the sources of information a shipbroker needs to draw on in order to give an informed assessment. Market reports that are regularly ciculated will also be analysed. Finally, different vessel types will be analysed, as well as the role of the classification society.
Module three will explore the process of the sale and purchase of a vessel and what particular aspects affect the value achieved including relevant documents and the various parties involved.
This module will cover the different systems of achieving a valuation. Module four will also provide an overview of the levels of detail and complication attached to the predictive aspects of valuations.
Module five will look at what valuers should have in mind when considering the different stages a ship moves through from newbuilding specification to recycling (scrapping). Also being considered will be certain other issues that valuers have to contend with including conflicts, arguments and ethics.
This concluding module goes into further detail of how price assessments are calculated from market information and looks at what changes in the industry affect the mindset of the shipbroker involved in ship valuations.
Qualification: Lloyd’s Maritime Academy Professional Development Certificate
Start date: 15th June 2017
Delivery: Part-time Tutored Distance Learning
Duration: 12 weeks
Fees: £1,549 / US$2,014 + VAT if applicable. 10% discount for early registrations. Take a closer look at fees
15% discount for IAPH members
CPD/CEUs: 21 hours / 2.1
Excellent course that I would recommend to all of the worldwide maritime community!
Nick is the Managing Director of the Ship Valuation Consultancy Ltd (SVC) which provides specialised commercial consultancy and valuation services to the shipping industry
Nick spent fifteen years as a competitive Sale and Purchase Broker which involved the successful conclusion of over 200 ships as well as considerable valuation work for Banks, Lawyers and Owners. Nick was also part of the London Shipping Consultancy where he was a Commercial Consultant and Valuations Manager.
We welcome companies placing individual students or groups on any of our publicly advertised distance learning courses, or for larger corporate groups we will deliver to your individual requirements, including instructor lead training, blended delivery solutions, customised assessments, flexible time-scales and dedicated support for learning and development managers.
Do not delay your application – you may qualify for an early enrolment discount, and some courses have a maximum number of participants. Our online application form securely accepts payment by credit card in either £, $ or €, or we will invoice you or your employer for payment by bank transfer.