Pre-Purchase Survey & Vessel Valuation
Pre-purchase survey is a thorough inspection of the vessel’s structural and watertight integrity, system’s installations, and operating condition, as well as performance. A comprehensive report is issued which includes an equipment list, specifications and detailed list of deficiencies and recommendations.
Also known as a "Buyer's Survey", it is a detailed examination/inspection of a vessel to determine its condition and value. The survey is done for a prospective buyer prior to the actual purchase.
Although a particular vessel may have a well-documented history of use and maintenance, it is in the best interests of the client that the findings of the surveyor result specifically from its current state. LMC’s pre-purchase survey is therefore based solely on a careful inspection of all accessible portions of its structure and available equipment such as:
• Hull/Deck/ cosmetic condition
• Under waterbody through hulls and seacocks
• Interior frames/bulkheads and supporting structures
• Rudder and steering gear
• Propeller, shaft, cutless bearing, strut
• Deck fittings, lifelines, stanchions, mooring cleats
• Accommodation spaces – Interior finishes
• Galley equipment – refrigeration
• Fresh water tanks, pumps, hoses, heaters
• Marine Sanitation Devices (MSD) – holding & discharge systems
• Engine, fuel system, exhaust system
• Electrical systems – 12VDC & 120VAC
• Storage batteries – load testing
• Navigation equipment/ electronics
• Ground tackle, windlass
• Spars and rigging
• Firefighting and Safety Equipment