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Wednesday, July 22, 2009


MARINE SURVEYS You've heard the old adage, "an ounce of prevention is worth a pound of cure?" In many cases, the initial expense of a marine survey could prevent a substantial loss. Marine insurance is one good form of protection for boat owners against accidental loss. Unfortunately, statistics show that most yacht losses are due to defects, and problems which can be discovered and prevented by a quality Marine Survey. Safe, and sound boats are good insurance risks that help both boat owners and insurers--ultimately reducing premiums for boat owners, and assuring profitability for insurers. A renewal of the Marine Survey should be required periodically; most insurers request surveys every five years. This will help ensure that the vessel continues to be kept in fair condition. The value will be re-assessed so that the amounts of coverage and premium can be adjusted. A Marine Survey is a general view, inspection or investigation of the condition and value of a vessel and all of its parts. This should not be confused with a Marine Appraisal, which is performed after a vessel has sustained some damage. A Marine Surveyor is a person professionally engaged in performing Marine Surveys, qualified to give expert opinion, suggestions and recommendations concerning vessels and all their parts. Our Surveyors determine an accurate value of the vessel in its present condition, which allows the owner to carry a suitable amount of insurance. The survey also provides thorough identification of the boat, improving the chances of recovery if the vessel is stolen. Most importantly, the survey ensures that the vessel meets the current Coast Guard safety equipment standards and reveals mechanical and structural defects which could pose safety threats. Boat owners may wish to have a survey conducted as an aid to selling their boat; prospective buyers may request a survey as proof of value and safety. The Ontario Marine Surveyors Association (OMSA) provides standards of professionalism and ethics in this field. OMSA surveyors have proven experience and expertise; OMSA accredited marine surveyors (A.M.S.) are established throughout Ontario.

1 comment:

Bhanuprakashreddy C said...

Marine Surveyor Dubai , rig move masters
Marine Surveyor Dubai | What We Do
Dubai – Abu Dhabi – Fujairah – London – India – Los Angeles – Perth

Hull & Structural Inspections

Hull & Structural Inspections for renewal of Steel Work & Damage Assessment for Most P & I Clubs.

Root Cause Analysis & Investigations
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Expertise in Root Cause Analysis & Investigations into Marine Accidents including grounding, Collisions and/or contact damages to fixed & Floating Objects.

Investigation of Contamination Claims

Investigation of Contamination Claims of Various Refined Oil Products, Vegetable Oils and Chemicals in Bulk (Quantity & Quality) for Underwriters/Charterers and ship owners.

Port captain

Port captain for Non Conventional cargoes like shipment of Containers, Heavy Machinery on & under deck cargoes.
Port Captain for Specialized Trade of Wood Pulp; Pre Stow Planning , Monitoring during Loading & discharging of Wood Pulp Cargo. Advisory on Hold Preparations for Various Dry Bulk Cargoes.

Oil Tanker Surveys

Oil Tanker Surveys- Ullaging & Sampling & Gauging Surveys.

Ship Management advice

Ship Management advice including selection and contracts with Technical Managers, operational costs, Surveys etc.
Charter Party contract negotiations and commercial dispute resolution through courts and arbitration.

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