Valuation of Fishing Capacity GTs and KWs

Fishing Capacity or Licence Tonnage (GT) and Engine Power (kW) are intangible assets.

The transactional value of a GT and kW reflect the price a buyer and seller are prepared to agree on a given date. However a direct market approach to valuation is not readily available as the details of transactions are generally only visible to the parties involved and there is little means of transparently benchmarking these transactions.

Where a valuation is required by institutions such as Banks or Revenue a rigorous means of doing so is necessary.

In response to this requirement we have developed an approach to the valuation of Tonnage and KW which has been accepted by such institutions.