Random longshot of a question: can anybody here guess the value of a ship?

skoomi

This may not be of interest to anybody here, and I'm not sure if folks here can actually price naval vessels, so it's a longshot! But I have an interest in Kenyan affairs so here we go:

The Kenyan defence forces contracted a company called Euromarine to supply a navy vessel back in 2003, and is only slated for delivery this year after massive corruption allegations relating to it's procurement stalled negotiations.

The Kenyan government will be paying a total of about 50million euros for it, with many folks alleging that a lot of that cash is going into politicians pockets, and that such a ship could have been supplied for much much less.

In fact, the ship is a refurbished oceanographic survey vessel.

The 1,400 tonne vessel is 85 metres long, 13 metres wide and has a maximum speed of 28 knots (50 km/h). It can carry between 60 and 81 personnel.

Here's the "brochure".

http://www.gondan.com/media/djcatalog/430%20JASIRI%20Brochure%20BAJA.pdf

Do you think it's worth 50million euro?

With the help of google translate I've seen some Spanish media saying that it's worth around 18million, especially since it's been rusting in a Spanish dock for almost a decade.



By the way, it's called "KNS Jasiri". Is there any way to find out what it was before it got this name? An official maritime database or archive?

Tabnabs

The cost building and commissioning the ship is one thing, the cost of the equipment that goes into a naval ship also needs to be figured into the equation.

But for a comparison, the Irish Navy has ordered three new ships;

a ‘multi-role vessel’ (MRV) is 120 metres long and is set to cost €90m while the two 80 metres offshore patrol vessels (OPV) come with a price tag of €45m each.

http://www.inshore-ireland.com/index.php?option=com_content&task=view&id=149&Itemid=133

So 50mill sounds not too high in that context.