Mergers and acquisitions (M&A) are common strategies for growth, diversification, and market consolidation within the maritime industry. The success of these transactions hinges on a deep understanding of the physical assets involved. The condition of these maritime assets is a critical determinant of their value and the long-term profitability of the deal. This whitepaper discusses the importance of thoroughly assessing the condition of a vessel or fleet during maritime M&A transactions and outlines the key data points and methodologies that can enhance this evaluation process.
“AM NOMIKOS TMA SA uses Idwal for conducting condition surveys of its managed fleet vessels as a result of COVID, and pre-purchase inspections of vessels worldwide. Their service has been professional and of a high technical standard. They are cost effective, respond promptly and their flexibility and constant monitoring have gained our trust for continuing our cooperation.”
“As one of the largest shipping companies in the world, MOL has used the services of Idwal to conduct pre-purchase inspections of vessels which are marketed for sale. Idwal is a reliable and trustworthy company that always provides fair and independent inspection reports to MOL’s vessels in line with MOL’s attitude to be open and fair to the market.”
