LONG TERM ASSET VALUE
Updated 635 days ago
Schopenstehl 15 20095 Hamburg Germany
Since 2009, the so-called "Long Term Asset Value" (LTAV) is available for the maritime industry to provide a newly developed ship assessment method based on a discount cash flow model, in addition to the existing valuation procedures. In particular, as a result ot the financial an economic crisis, the acceptance of this procedure increased, as more and more experts and brokers were unable to carry out the usual market valuation due to an absence of a sufficient number of representative ships.
Also known as: The Long Term Asset Value