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MARINE FACILITY / EQUIPMENT CONDITION AND VALUE

Condition survey is a stand-alone assessment of the physical and operating condition of Marine Facilities and equipment at that point in time to ascertain its suitability for specific work scope as required by the client.

Figure: An image of a brown and black ship cruising by @kowalikus on unsplash.

Condition survey is a stand-alone assessment of the physical and operating condition of Marine Facilities and equipment at that point in time to ascertain its suitability for specific work scope as required by the client.

Facility/Equipment Condition & Value survey is mostly carried out for current owners or for intending charterer for insurance purposes (change of insurance company or risk assurance).

This inspection is necessary for insurance companies to determine whether or not the vessel is in an acceptable risk considering the structural integrity, machineries, function ability and suitability for the intended purpose as the value of the facility/equipment is a function of the above, ensuring adequate knowledge of the market value and the cost of replacement.

JOCL will serve you right in the survey of your marine facility and equipment against best standard and ensure the best value for the services.

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PRE-PURCHASE SURVEY

Purchasing a Marine facility is a very capital intensive venture and absolute care is necessary to ensure you get the value for your money’s worth.