WHAT IS A MARINE SURVEY ?
Jervis Bay Maritime Consultants consider a marine survey to be a critical inspection of a vessel for a specific purpose; the inspection of a vessel and/or her cargo or equipment to determine their condition; the gathering of facts to determine responsibility for damage to the vessel, its equipment or cargo and a fair and reasonable cost of repair. The purpose of the survey must be known in advance and discoveries made during the survey will usually require further investigation. Marine surveys are performed for but are not limited to marine insurance companies, vessel owners, solicitors, vessel purchasers and/or financial institutions. The client is the person or organisation who commissions the survey and pays the survey fee. What is a Pre-Purchase Survey The purpose of the survey is to determine the suitability of the vessel to meet the purchaser’s requirements and to identify any latent or apparent defects which might effect the purchaser’s requirements. A pre-purchase inspection is
It is a critical examination or inspection of a marine vessel for a specific purpose; the action of ascertaining facts regarding conditions or the condition of something to provide exact information especially to persons responsible or in fact interested; an examination of a vessel or a part of its cargo or equipment to determine its condition, responsibility for damage and disposition to be made.
A marine survey, in its simplest form, is an appraisal similar to that performed on real estate or other items. The survey normally provides a complete report on the subject vessel, and references complete identification of the boat (including year, make, model, hull identification numbers, engine information and so on). The report also gives detailed information about the vessel including description of the superstructure, fittings and equipment, electronics and safety equipment, galley (if applicable), engines, electrical system, fire fighting equipment, and fuel systems. An engine survey is a separate report that specifically reviews the boat’s power and analyzes such areas as general detailed description, filters (fuel and oil), fuel and oil lines, exhausts systems, cooling systems, fresh and raw water systems, emergency stop and alarm systems and transmission data. This report should also include compression testing and oil analysis.
