value estimates provided in our appraisal reports are a reconciliation
of these approaches. While we consider all approaches to valuation,
we only use those appropriate for an individual assignment.
MMSI has provided general condition
surveys on older military sealift command tank ships, integrated
tug barge units, Great Lakes class vessels, coastwise passenger
vessels, inland passenger vessels, container ships/multi-purpose
vessels and ocean cruise vessels. Additionally, we have conducted
fleet and terminal evaluations, loss control activities and/or
risk analyses in connection with virtually all of the major inland
river transportation ports.
the appraisal of marine assets is a specialized business, our
appraisal and research personnel work closely with our surveyors
to manage the implementation of policies and procedures relating
to this area of our business. In doing so, they ensure all of
our marine equipment appraisals comply with the Uniform Standards
of Professional Appraisal Practice.
In order to better serve the needs of our clients,
MMSI now maintains multiple databases for shallow draft, inland
and coastal vessels as well as ocean class vessels owned and/or
operated domestically and internationally.