True Heading Marine Surveying & Consulting

Services

Reason For Marine Surveys

• If you are a vessel buyer you need to know the general condition of the vessel, options and the fair market value.
• Your insurance provider may want to know the condition and valuation for underwriting requirements.
• If you are financing the vessel your bank may want pertinent information on it.
• You will feel more comfortable and have a peace of mind about taking out your crew and guests on a vessel that complies with various safety regulations and requirements.
• The Sea Trial is also very important part of the survey where the vessel is tested while underway with with all systems operational. It is highly recommended so that the engine(s), drive system, generator and other systems can be properly checked and inspected while underway.

 Scope of Service

A variety of factors will determine the final cost of the survey, but the main factors are length of the vessel, pre-purchase, re-finance, changing insurance, sea trial, location for travel and possible waiting time at a marina waiting for travel lift access.

Pre-Purchase Survey  

This is the most comprehensive type of survey and is strongly advised when purchasing a new or used vessel. Condition and overall operation of the vessel should be examined. This covers structural integrity, electrical, propulsion and fuel systems, other machinery, navigation equipment, miscellaneous on-board systems, cosmetic appearance, electronics, safety equipment and overall maintenance as well as out of water inspection and a sea trail.

Insurance Survey 

Risk Evaluation. This inspection is performed so that the insurance company can determine whether or not the vessel is an acceptable insurance risk. They are interested in the structural integrity, mechanical systems, safety features for its intended usage, market valuation and replacement cost, overall vessel condition and repairs if necessary.

Appraisal Inspection

This inspection is performed in the same fashion as the insurance survey and may require additional information if major upgrades are performed or are in the process of being added that would affect the overall valuation of the vessel for financing and re-financing purposes. This report may be also be required for estate settlements, donations and court cases.