A unique identification number, issued by the International Maritime Organisation, which remains with a vessel throughout its life. Income approach

A unique identification number, issued by the International Maritime Organisation, which remains with a vessel throughout its life. Income approach

Glossary

A tanker of typically 85,000 to 124,999 DWT that carries crude oil. Age

A tracking system used to identify and locate ships worldwide. Automated DCF value

VesselsValue calculates daily automated demolition values for cargo ships. The value is determined from the lightweight (LDT) of the vessel and the scrap price per ton of steel for the sector. Automat [..]

An online system that uses a mathematical framework and a database of ship information to determine the value of a vessel on a specified date. Automated value

Heavy substances loaded by a vessel to improve stability, trim, sea-keeping and to keep the propeller immersed when not carrying cargo (unladen). Ballast voyage

The width of a ship. Also called breadth. Book value

The number of days during the period for which the vessel is expected to be hired for a charter. Bulker (or Bulk carrier)