YachtValuation& Advisory
Independent yacht intelligence for owners, private offices and professional advisers
The Firm
Independent
Valuation & Advisory
LOCKWOOD provides independent yacht valuations, market intelligence and strategic advisory services for clients across the superyacht market.
We advise clients throughout the ownership lifecycle — from acquisition and valuation to refit, ownership strategy and eventual sale. Our approach combines deep knowledge of the yacht market with commercial judgement, discretion and an understanding of the wider financial considerations of yacht ownership.
Where appropriate, we also advise on and manage yacht transactions, ensuring that brokerage is driven by the client's objectives rather than the transaction itself.
Get in touch to arrange a confidential valuation with one of our principals
Founder / Director
Jason Duggan
The Practice
Three Disciplines
An independent specialist serving owners and private offices across the ownership lifecycle — valuation first, advisory throughout, and transaction only when it serves the client.
Valuation
Independent yacht valuations based on market evidence, comparable transactions, condition, specification, provenance and current market dynamics.
Advisory
Strategic advice to yacht owners, family offices and private offices on acquisition, ownership, refit, retention and exit decisions.
Transaction
Confidential acquisition and sale advice when a transaction is appropriate, drawing on Lockwood's brokerage experience and market network.
The Scope of Our Work
Valuations for Every Mandate
A single, independent figure — prepared for the question that actually needs answering.
Market Valuation
For sale, acquisition, or strategic review. Grounded in live transaction data, comparable sales, and our principals' first-hand market presence.
Insurance & Reinstatement
Hull and machinery reinstatement figures that meet insurer and underwriter requirements, with defensible methodology behind every number.
Probate & Estate
Rigorous, defensible valuations for estate planning, succession, and tax purposes — prepared to the standards expected by advisers and family offices.
Refinance & Lending
Independent assessments that give lenders and professional advisors confidence in the underlying asset and its current market value.
Portfolio & Family Office
Multi-vessel portfolio valuations for family offices and advisors stewarding several maritime assets across jurisdictions.
Methodology & Standards
How We Arrive at the Figure
Every valuation is built on documented evidence and a defensible methodology. We apply the appropriate approach for the mandate, reconcile the data, and report transparently.
Market Approach
Comparable sales, recent transaction records and active listing intelligence, adjusted for specification, condition, age and location. The primary basis for market, refinance and probate valuations.
Cost Approach
Current replacement and reinstatement cost new, less physical depreciation and obsolescence. The basis for insurance, hull & machinery and reinstatement mandates.
Income Approach
Charter revenue and yield analysis where an established income stream supports value — applied selectively for investment and portfolio assessments.
Data & Evidence
What the figure is built on
- Live transaction records and verified comparable sales
- Builder cost data and current new-build pricing
- Active listing and asking-price intelligence
- Condition, survey and classification reports
- Depreciation curves and market-trend analysis
Standards
Prepared to recognised standards
The Report
What every valuation contains
