A parametric cost-based approach to appraisal jack-up vessels

Abstract

With reference to “jack up” vessels, this paper has proceeded: to examine the critical aspects of their assessment in the context of the various cases relating to ship appraisal; to catalogue the assessment models proposed in the international literature about the construction cost of similar vessels; to identify the most suitable methodological approach to the study case (parametric cost valuation by functional elements), and to the subsequent relative implementation, aimed at estimating the construction cost of the vessel in terms of “proxy” variable of its value.