Valuation

As S & P brokers of dredgers and dredging equipment Boogaard Sliedrecht B.V.

has an extended expertise on market fluctuations.

For this reason Boogaard Sliedrecht B.V. is regularly requested

to assess the current market value of dredgers and marine equipment.

Contrary to common shipping, the S & P market of dredgers is limited,

giving the market less viscosity.

Needless to mention is that an important factor is the technical condition of the dredger,

class status and (class effecting) damages.

In general, market values of dredgers are a reflection of the sales prices

realised on the S & P market between "a willing buyer and a willing seller"

and are determined by "offer and demand".

Valuation reports are specifying consice description of the dredger,

as well as clarification of the assessment criteria.