Vessel - Fair Market Value (FMV)

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

FMVAssetValuation

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This calculator requires JavaScript to compute its result. The formula, symbols, and regulatory sources are shown in the Formula section below.

Formula, assumptions, and limits

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

Symbol	Meaning	Unit
$NB$	Newbuild price for segment	M USD
$age$	Years from keel laying	years

Source: Clarksons Shipping Intelligence

Vessel FMV from Clarksons / VesselsValue style - DWT \u00d7 age-scaled benchmark price.