Tuesday, October 5, 2010

The Importance of a Marine Survey

A marine insurance is all about evaluating the boat or the vessel after a particular period of time. There are several types of surveys but for the buyer, the Pre-Purchase Survey is the one you will want. It will be the most comprehensive type of inspection, and is usually requested by lenders and insurance companies when purchasing a used vessel. Condition and overall operation of the vessel will be examined. The value of the yacht will also be estimated by the surveyor.

A thorough inspection will not be rushed and will depend on the type of survey required based on vessel size, equipment and on-board systems. There may be additional services available such as engine surveys, oil analysis, galvanic and stray current corrosion testing, ultrasonic testing, moisture testing and other non-destructive tests. There may be additional charges for these and other services. Well conducted surveys can provide good information on the vessels' condition, but they are not guarantees.

1 comment:

  1. marine surveyor dubai - Pre purchase inspections Marine Surveyors in dubai are leaders of UAE in marine survey area they perform many numbers of pre purchase inspections for different types of business on marine water crafts including but not limited to bulk carriers, oil tankers, container ships, gas carriers, offshore supply vessels. Among these types, tanks pre purchase inspections are the most frequently performed investigations. click here to view full article.

    ReplyDelete