Why Do You Need an Engine Survey?
If you are a prospective buyer, are appraising damage, would like to sell your vessel or learn of its condition in detail, you will need a survey.
Surveys are a valuable means to determine vessel condition, fair market value, damage and necessary repairs. For example, banks may require a survey to determine fair market value for financing. Insurance companies require a survey to determine damage repairs and underwriting decisions before awarding a claim. A prospective buyer should request a survey to find out more about a vessel before purchasing it. A survey will identify any structural or mechanical aspects of the vessel which may lead to unforeseen and costly safety risks and/or repairs.
Inspections focus on structural integrity and vessel systems: mechanical, electrical, propulsion, plumbing, tankage, rigging, galley, safety and deck equipment, and overall vessel maintenance level.
If possible, I recommend an out-of-water survey before purchasing a vessel. Inspection while on the hard includes all wetted surfaces, rudder, keel, struts, and skeg, etc.
A typical inspection may take several hours. If requested, a sea trial will take additional time and can be scheduled separately.
Within 48 hours after completion of the survey, you will receive a comprehensive report which will include:
Required Client Preparation Checklist for Survey:
Vessel Survey Types
Engine Surveys:
I am an engine survey expert and have been surveying engines for many years. Your survey will reveal all of the details you need to valuate or sell your engine as per SAMS guidelines.
Pre-purchase Survey:
The most comprehensive inspection of a vessel
The survey’s purpose is to gather information about the condition of the vessel before purchase.
The survey consists of:
The Appraisal Survey:
Performed to determine and justify the fair market value of the vessel
This survey may be used for refinancing, legal claims, or as a charitable donation. The scope of this survey is limited to setting a fair market value based on vessel systems and overall condition.
The Condition and Valuation Survey:
General overview of the vessel and its systems for insurance underwriting and financing decisions
The primary purpose of this survey is to identify the vessel (through documentation on the hull such as the HIN), its equipment, overall condition, and general value without testing full system operations. It also identifies hazardous conditions which may be a safety risk for the vessel and its passengers. An assessment of vessel safety equipment as per the USCG Code Federal Regulations (CFR) requirements is included. Sea Trial: is conducted to determine that the engine operates within the manufacturer’s specifications when applicable.
Before getting underway for the sea trial, a visual inspection is performed. An engine inspection is conducted while underway to observe it at wide open throttle RPMs, as recommended by the engine manufacturer.
During the sea trial, I will check the hose, belts, and fuel line conditions as well as inspecting the motor mounts before and during running the engine, gauging engine temperature where needed and check manifolds and risers for proper functioning of the thermostat.
The inspection also includes the steering, throttle and shift controls and any other equipment installed on the vessel. If an engine is not performing properly or a problem is observed, a repair recommendation will be made, or you may be advised to consult a manufacturer’s certified mechanic for further diagnosis and repair.
Required preparation for a Sea Trial inspection underway includes:
Oil Sample Analysis:
I will test the engine oil to determine if excess engine wear is occurring by observing the different types of metal particles found in the oil. I will also test for fuel, engine coolant and saltwater contamination.
Samples are sent out to a laboratory service. It typically takes 7-10 days to receive results.
Rigging:
I can inspect rigging when the mast is pulled. A more thorough inspection can be performed when there is no tension on the wires or mast. I am not a rigger and do not climb rigs for a rigging inspection. However, a recommendation can be provided if requested.
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