Certified Marine Surveyors & consultants
The Inspections are focused on specific parts of the vessel where problems exist, and are to identify their extent, the cause and describe the needed repairs or alterations. We oversee the repair process, estimate the cost of repairs, recommend certified marine repair facilities and recommend steps to take for the prevention of future repairs.
PRE PURCHASE SURVEY
This is the most comprehensive type of inspection and is strongly advised when purchasing a new or used yacht. It is a complete inspection of the vessel to ascertain its condition as to overall operational capability. The pre-purchase survey consists of: inspect installation and operation of all equipment and systems while the vessel is in water, including a seatrial, (electrical systems, navigation systems, propulsion system, fuel system and tanks, all machinery, electronics, sanitary systems and tanks, hydraulic systems, running and standing rigging, heating/air-conditioning & refrigerating systems and sea cocks), an out of water inspection of the running gear, cathodic protection and a sounding of hull, complete inspection of the whole interior, its structure where accessible, findings and recommendations and when requested an estimated fair market value based on condition and general maintenance.
The Valuation Survey is usually required by a boat owner, a marine underwriter, insurance company or marine financier to establish the vessel's general condition and approximate fair market value, for the purpose of insuring and/or financing her. This is not a full survey and it should never be accepted in lieu of a full purchase and sale survey when purchasing any vessel. The procedure and report format of the Valuation Survey is similar to the Pre-Purchase Survey, but is simpler and less intensive. It does not entail full inspections in detail except where they are found to be needed. Instead, evaluation of the vessel's structural condition and of her systems is made by brief visual inspection with an eye out for any indications that there might be deficiencies or problems beneath the surface. If any "suspect item" is found, then more detailed inspection will be made. The "FAIR MARKET VALUE" (FMV) is calculated using the following information and is the opinion of the surveyor based upon the results of the condition and/or value survey. Market research will be conducted using the Internet and various national and international yacht broking agencies to determine the selling and asking prices of like and comparable vessels of the same age and equipment level. The term FMV assumes all conditions are requisite to a fair sale, that the buyer and seller are each acting prudently and knowledgeable, and that the price is not affected by an undue stimulus. Insurance companies may request the Valuation Survey periodically, as frequently as every five years in the case of some vessels. The purpose of it is to establish a record of the vessel's general condition and approximate market value as of a specified date.
The Damage Survey is that, focused on specific parts of the vessel where damages have been sustained or problems exist, and is to identify their extent, the cause and describe the needed repairs or alterations. We oversee the repair process, estimate the cost of repairs, recommend certified marine repair facilities and recommend steps to take for the prevention of future repairs. Van Binsbergen Marine Surveyors carries out damage surveys for several well known national and international insurance companies.
INSURANCE EVALUATION SURVEY
The Insurance Evaluation Survey is usually requested by the boat owner by his insurance agent or marine underwriter for the purpose of writing a new insurance policy on the vessel or periodically for renewing an existing policy. Most financiers, who will be writing a loan on a vessel, also require the Insurance Evaluation Survey and its report.
NEW BUILT YACHT INSPECTIONS
What better way to avoid disappoints and major warranty problems than having a new yacht fully inspected by an expert surveyor. New yacht surveys should take place prior to taking delivery and making final payment so that you will have sufficient leverage to ensure that there is little resistance to correcting problems. The following are the objectives of a new yacht survey. To check whether the vessel has been built according to the builder's specification, classification regulations and certificates (if applicable), including all installations and equipment. To locate any deficiencies that are related with structural, technical or other defects affecting safety, seaworthiness or strength that may require immediate attention and deficiencies that are related with cosmetic and other less-essential defects. To follow the same basic procedure as a pre purchase survey, including a sea trial. (see Pre-Purchase Survey)
REFIT & REPAIR STAGE INSPECTIONS
Refit and repair work can be supervised by the surveyor to protect the owner's best interests, especially in repairs covered by insurance where there is some question whether the needed work will be allowed and covered under the terms of the vessel's insurance policy. We can direct the repair process, estimate the cost of repairs and recommend certified marine repair facilities Restoration of old or historic vessels can also be supervised or directed by a marine surveyor to ensure the work is in keeping with the vessel's original construction, her finish, her historical value and intended future use.
MCA PRE-CODING SURVEYS