Marine Surveyors and Consultants
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Capt. Nigel Peters
(AMS(®) - Cargo and Yachts & Small Craft)
ABYC Member
Yacht and Small Craft Surveys
This is the most comprehensive inspection of a vessel. The purpose of the survey is to gather as much information about the condition of the vessel before purchase. The survey will consist of an inspection of the topsides, hull, cabin and interior that are normally accessible. A haul out and inspection of the hull bottom and running gear. An examination of the visible structural supports of the vessel. The fuel system, steering system, electrical system, sanitation system, electronics and safety equipment are inspected and tested to ascertain their operation. A sea trial is conducted to evaluate the overall performance of the vessel. A review of the vessel documentation, hull numbers, and the history of service records when available. A current market valuation and replacement valuation of the vessel will also be given.
The Condition and Valuation Survey
This survey is meant to be a general overview of the vessel and its systems for insurance underwriting and financing. This type of survey is intended for use by insurance and finance companies to determine the underwriting decision of a particular vessel. This survey will not approach the level of a pre purchase survey. The primary focus is to identify the vessel, its equipment, overall condition and general value without testing full system operation. It also seeks to identify hazardous conditions that pose a safety risk to the vessel and its passengers. An assessment of vessel safety equipment as per the U.S.C.G. Federal requirements are stated.
The Appraisal Survey
Is performed to gather information to justify and determine the fair market of the vessel. This survey may be used in refinancing, legal claims, an estate case or a donation to charity. The focus of this survey is limited to setting a fair market value based on the vessel systems and overall condition.
Sea Trial
A sea trial is conducted to determine that the engine operates within the manufacturers specifications.A rudimentary engine inspection is conducted. The engine is observed for wide open throttle RPMs, as recommended by the engine manufacturer. The condition of the hoses, belts, and fuel lines are observed. Motor mounts are checked and the engine is monitored for any fluid leaks. Exhaust smoke is gauged and engine temperature readings are taken. Were the manifolds and risers changed? We also check the steering, throttle and shift controls, and any other equipment that may installed on the vessel. If an engine is not performing properly or a problem is observed, a repair recommendation is made, or you will be advised to consult a manufacturers certified mechanic for further diagnosis.