This type of yacht survey is recommended for anyone considering buying a boat.
A yacht valuation surveys can be for Insurance, Marine Mortgages, Bank Loans, Probate, Repossession, Pre-purchase investigation, bidding or ascertaining a private sale price.
A valuation can be made in several ways from a ‘walk through’ inspection of the boat while she is afloat, assuming the hull, keel(s), stern gear and rudder(s) are of a sound condition to making a valuation after a full condition survey and sea trial with the latter being the most accurate.
If your yacht has undergone significant repairs, improvements or a refit you’ll want to increase her insured value. In this instance, I will inspect the vessel and provide you with a formal valuation suitable for your insurers.
These are very specific, detailed surveys which concentrate on a particular part of the vessel or its equipment. This list is by no means exhaustive but examples might include:
ultrasound thickness measurement (UTM)
Using my multiple echo ultrasonic thickness gauge (which doesn't require the paint coating removal) I carry out plate thickness surveys of structures and hulls of steel and aluminium.
Having a very strong background in osmosis prevention and treatment I am often asked to inspect older hulls for osmosis. This small survey is most useful when considering epoxying a hull after coatings removal. For more information on osmosis treatments and preventative schemes follow the link below.
Deciding on an osmosis treatment.
surveys of sandwich mouldings
Sandwich mouldings offer good strength-to-weight ratio but can be vulnerable to delamination, de-bonding, compression and saturation. Not only racing yachts are prone to these types of damage but deck mouldings are also susceptible to these types of damage, particularly around deck mounted fittings.
MARINE DAMAGE SURVEYS
Usually instructed by your insurer, or on their agreement, this type of survey will cover specific areas which have been damaged.
I will provide an independent, impartial opinion of the damage found, an estimate of the potential repair costs and comment on the reasons for the damage. The yacht survey report will comment on the pre-incident condition and the market value of the vessel. When appropriate I can provide advice on salvage and/or wreck value but more commonly recommendations on the repair. When repairs are worthwhile, I will correlate estimates or tenders and provide a solution of the best value for all parties involved.
If you have had a bump and not sure whether to involve your insurers and need some advice on the best way forward I can provide you with a repair outline and an estimate of the cost. I will also give you advice on repair facilities.