Leading brokers, shipowners, banks and financiers use our Pre-purchase inspection services in order to fully understand the condition of their intended acquisition and to understand the capital expenditure demand which may be required to bring the vessel back into a market-standard condition.
Leading banks, funds, lessors and financiers use our Condition Inspection services to fully understand the condition of their investments and to ensure that their collateral is maintained to an industry best-practise standard, with values preserved and risks minimised.Many of our clients have made critical decisions based on our reports which are universally accepted by prominent financial institutions as an accepted independent validation of vessels condition.
PRE-CHARTER VETTING INSPECTION
For global charterers of dry-bulk vessels it is critical to ensure that each candidate vessel is subjected to a thorough risk assessment and vetting inspection to determine its relative safety for a particular voyage.
A physical assessment of a vessel prior to undertaking a particular voyage is crucial to ensure that all critical areas of the vessel, which are designed to preserve the cargo carried, are in good condition so as to reduce the risk of cargo claims resulting from damaged cargo, or reduce the risk of voyages not being completed in line with the terms of the charter party.
We assist P&I with pre-entry inspections, using our extensive understanding of the international P&I market and our deep knowledge and experience of all sectors of the global maritime industry.
An underwater ship inspection entails qualified, class-approved, trained divers going below the waterline to check the submerged areas of the ship. This exercise enables the owners, managers and financiers to detect any problems and calculate the capital demands of taking remedial action, if required.