About Us

The Reliable Provider of Marine Asset Surveys and Appraisals

North American Marine Consultants, LLC, was founded to meet client demand for marine asset surveys and appraisals worldwide.

Clients seek our services for a number of reasons, including:

  • Sale, purchase and leasing transactions
  • Fair market value arbitrations
  • Generational transfer of assets
  • Mergers and acquisitions
  • Limitation of liability
  • Estate and partnership dissolutions
  • Internal Revenue tax audits
  • Partnership buyouts
  • Portfolio review to meet FASB requirements
  • Operational Risk Analysis
  • Safety Audits
  • Insurance Portfolio Reviews

Our Approach

Historically, marine appraisal services were provided by marine surveyors with knowledge of certain aspects of marine equipment and facilities but with little, if any, formal training in finance or purchase and leasing issues. Consequently, most appraisal reports for marine assets provide a narrative of the particulars of the vessel or equipment followed by only a paragraph or two addressing the surveyor's opinion of fair market value. Rarely do they include actual financial analyses or explanations as to how the dollar amount declared in that value opinion was reached.

With the ongoing changes in the marine industry and in the global economy, a simple opinion of fair market value is no longer accurate enough for our clients, who include:

  • Banks
  • Finance/Leasing Companies
  • Insurance Companies
  • Buyers, Sellers, Owner/Operators of Marine Vessels and Equipment
  • Attorneys
  • Certified Public Accountants
  • U.S. and Foreign Tax Agencies
  • Terminal Owners and Operators

At North American Marine Consultants, LLC, we utilize more accurate means of determining the value of marine vessels, equipment and property. Once the survey data is collected, we conduct appraisals in compliance with the Uniform Standards of Professional Appraisal Practice. The values in our appraisals are based on three accepted approaches: the cost approach, the sales comparison approach and the income approach. Then, we prepare a detailed report outlining the facts of our findings and candidly counsel our clients, based on their investment goals, about their next steps in regard to the vessels, equipment and/or property under consideration.

Guiding Principles

At North American Marine Consultants, LLC, we are guided by the following principles to ensure we are focused on serving you, the client, according to the highest standards:

  • Provide world-class customer service with honesty and integrity
  • Advise our clients candidly with a genuine concern for their bottom lines
  • Consider the benefit and impact on our clients of everything we do
  • Determine realistic appraisal values based on current and historic data
  • Ensure the quality and efficiency of our business processes and procedures
  • Strive continuously to improve what we do and how we do it
  • Employ innovative and up-to-date technology to enhance our capabilities
  • Respect our fellow employees and foster a spirit of teamwork

Our Team

The people of North American Marine Consultants, LLC are marine people through and through. They have the knowledge, experience and capabilities to handle all the requirements of successful surveying, appraisal and brokerage for all categories of inland and ocean-going vessels and their associated equipment, shipyards and barge fleeting operations.

Our appraisers have significant marine, market, finance and brokerage experience, and have been delivering reliable asset appraisal services for many years. All are members and accredited appraisers with the American Society of Appraisers.

Our staff surveyors have the skills and expertise necessary to inspect and make condition and maintenance judgements on inland shallow draft, Great Lakes and ocean-classed vessels, both commercial and recreational. In addition to our full time staff, we have established relationships with a network of NAMS Certified Marine Surveyors and former U.S. Coast Guard inspectors to assist in effectively and timely meeting our clients’ needs.

Our team members have decades of experience in the industry and are very well qualified to provide professional marine surveying, appraisal and brokerage services around the world. Our team includes:

  • NAMS Certified Marine Surveyors
  • Maritime Academy Graduates
  • Licensed Captains
  • Certified ASA Appraisers
  • TVIB External Subchapter M Surveyors
  • Effective and Efficient Business Administrators

Take a look at the career profiles of the key members of our management team and learn what distinguishes us from our competitors.