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.
THE ADVANTAGE OF PRE-SALE MEANS
- Enhances the number of serious buyers & potential for “clean” offers;
- Increases chances of a successful transaction;
- Creates a level playing field between multiple buyers;
- Permits reliance on the report data by all parties who purchase the report;
- Cost-effective solution;
- Sellers remain in full control;
- Reports kept confidential to serious buyers only;
- Helps preserve crew morale;
- High transaction success rate.
THE PROCESS OF PRE-SALE MEANS
|A||EXCELLENT||Condition is close to new ship, well above average in all respects; original strength/performance unimpaired; no maintenance or repairs required.|
|B||GOOD||Condition better than average in all respects; original strength/performance unimpaired; no maintenance or repairs required, few defects can be rectified in time.|
|C||SATISFACTORY||Condition average; wear and tear evident, but original strength/performance not significantly affected, but not in need of immediate maintenance or repairs.|
|D||FAIR||Condition below average; wear and tear evident and original strength/performance affected. Few maintenance or repairs required.|
|E||POOR||Condition well below average and deteriorated in all respects; a lot of deficiencies, in need of immediate maintenance or repairs or renewal or replacement.|
Victor founded in 2004, headquartered in Singapore and managed in Shanghai, China, is a globally company providing professional marine service, insurance claim service and P&I claim service.
Adhering to the “Justice, Fairness, High quality, High efficiency” principal, the company adhere to honesty and trustworthiness as the guide, and constantly pursue higher professional standards, with more valuable professional services for customers.
Become the marine industry’s unique professional brand, and a comprehensive marine services intermediary platform; our moral integrity and professional technology to get the customer and the industry’s consistent positive; all employees are able to achieve their life ideals and values through the platform with the company to build the platform, and feel proud and proud of the work.
Long service in the international and domestic markets, so that the formation, and the integration of international advanced experience of the unique business management ideas and service model.