Three independent approaches. Transparent data sources. A clearly documented report you can share with a buyer, lender, or auditor as part of your own diligence. No black boxes. No five figure subscriptions.
Buyers, lenders and auditors generally prefer a value triangulated from multiple methods rather than a single point estimate. We use the same three approach framework that full appraiser reports rely on, automated to deliver in days instead of weeks. The output is intended to support your own diligence and is not a substitute for a formal appraisal.
What have similar vessels actually sold for, recently? We pull comparable sales from our indexed transaction database and weight them by similarity.
What is the vessel worth based on the cash it can earn over its remaining life? A discounted cash flow built from real charter rates and operating cost benchmarks.
What would it cost to replace the vessel today, depreciated for age? A floor value rooted in newbuild prices and physical depreciation.
Weights are dynamically adjusted based on data availability. When fewer comparable sales exist for a vessel type, weight shifts toward the income and cost approaches. Every report shows the actual weights used for that specific vessel.
Every verified comparable row in your report carries a source URL, and any synthetic benchmark used as a fallback is prominently labelled. That transparency is what makes the underlying analysis auditable.
IMO, MMSI, dimensions, flag, and current position from public AIS feeds (DigitTraffic and equivalents).
55,000+ vessel records available in the free lookup tool, covering bulkers, tankers, containers, and gas carriers. The lookup gives identification and registry data; valuation reports are commissioned per vessel.
The methodology is fully wired to ingest verified comparable sales from public records (SEC filings, listed shipowner press releases, official broker circulars), with each row stored alongside its source URL. The comparable sales database is currently 100% populated with an anonymized illustrative benchmark dataset. Every illustrative row is clearly labelled as such inside the report appendix and is never presented as a real third party transaction. Verified rows are being added segment by segment and will replace the illustrative rows as they are sourced.
Current newbuild pricing by vessel type, size class, and yard tier, refreshed against industry benchmarks.
Spot and time charter rates by route and vessel size, used as inputs to the income approach DCF.
Regulatory thresholds and pricing curves applied for the Express tier compliance impact analysis.
Every Priority and Express report includes a full data sources appendix.
This is the deeper version of the comparison on our pricing page. Every claim below is something you can verify yourself.
| Traditional Broker Certificate | Class Society Valuation | Incumbent Online Platform | Independent Appraiser | ShipScope | |
|---|---|---|---|---|---|
| Price per valuation | $$ | $$$ | $$$$ (annual) | $$$$ | $ ($999 to $2,999 per report) |
| Delivery time | 5 to 10 days | 2 to 3 weeks | Instant | 3 to 4 weeks | 24 hours to 7 days |
| Three approach methodology | No (single market view) | Partial | No (algorithmic only) | Yes | Yes |
| Source attribution shown | No | Limited | No (black box) | Yes | Yes (full appendix) |
| Comparable sales analysis | Implicit (broker memory) | Yes | Yes | Yes | Yes (Priority & Express) |
| Compliance impact (CII, EU ETS) | No | Sometimes | No | Sometimes | Yes (Express tier) |
| Subscription required | No | No | Yes | No | No (pay per report) |
| Suitable as a supporting input to your own diligence | Limited | Often | Not typically (opinion only) | Yes | Yes (Priority and Express) |
| Best for | Quick broker opinion | Inspection backed valuation | Continuous portfolio monitoring | Litigation, complex disputes | Internal sale, refinance, insurance, and board reviews where you want a transparent third party reference value alongside your own diligence |
Pricing tiers shown as $, $$, $$$, $$$$ are indicative ranges based on quotes commonly seen in the mid market shipping segment. Actual fees vary by provider, vessel type, and scope. ShipScope reports are intended to support your own diligence and are not a substitute for a USPAP or RICS appraisal, a class survey, or a physical inspection. Please do not attach a ShipScope report to a regulatory filing, prospectus, or loan covenant certificate without our prior written consent.
The Express tier delivers a 9 page report covering the full methodology, comparables, and compliance impact. Here is what the report walks through.
Headline value, valuation range, key findings, and confidence assessment.
IMO, type, build year, yard, dimensions, flag, and notable spec items.
Each approach shown with inputs, outputs, weight applied, and rationale.
Recent comparable transactions used in the market approach with statistical summary.
CII, EEXI, EU ETS, and FuelEU exposure modeled against the vessel profile.
Charter rate benchmarks and segment commentary relevant to the valuation.
Full methodology statement, assumptions, and standard valuation disclaimer.
Every dataset referenced in the report, with provenance and refresh date.
Order a report from $999 in 5 to 7 days, or pay $2,999 for Express delivery in 24 hours. No subscription. No sales call required.