PRE-PURCHASE · PRE-SALE · DELIVERY
S&P Inspection
Independent inspection for the sale and purchase of vessels, on either side of the trade. Buyers get an evidenced view of the vessel's condition within the scope we agree. Sellers get a report on their own vessel before it goes to market. And before anyone books a flight, we can screen the vessel's documents and photographs through Nautilux.
Korea and Japan are covered directly, with wider attendance by arrangement.
Where we are engaged
- Advance screening of documents and photographs through Nautilux, as a standalone first look or ahead of attendance
- Pre-purchase inspection, buyer-side, before or after subjects
- Pre-sale inspection, seller-side, before the vessel goes to market
- Fleet or en-bloc acquisition screening across several candidates
- Lender-instructed and equity-instructed inspection for asset-backed deals
- Delivery condition at handover, recorded before the protocol of delivery and acceptance is signed
- Second-opinion review of an inspection report already in hand
What's Included
- Advance screening through Nautilux: the operator or the seller uploads the vessel's documents and photographs through a secure portal, and Nautilux reviews every document and every image in that submission.
- Attendance on board: a visual inspection of the areas that are accessible and safe on the day, typically hull and structure as far as visible afloat, tanks and holds where open and gas free, machinery, cargo systems, accommodation and safety equipment.
- Class and statutory record review: survey status, outstanding conditions and recommendations, memoranda, overdue items, and an estimate of what each may cost to clear
- Machinery history read against the maintenance record rather than the running hours alone: what has been renewed, what has been deferred, and what is about to fall due
- Findings ranked by commercial consequence, each with an estimate of what it may cost and when the money is likely to be needed. Whether to proceed, renegotiate or walk away is your decision.
- A dry-docking outlook: what the next special survey and docking is likely to demand of the buyer
- A written report in plain language, addressed to you.
How We Engage
- 1
Scope the deal: the vessel, the trade it is being bought for, the timetable, and whether we act for buyer or seller. Where the clock is the problem, start with the advance document and photograph screening.
- 2
Attend on board, work the ship and the records together, and raise anything we consider deal-critical during the attendance where we can, rather than saving it for the report.
- 3
Deliver the report by the date agreed in the engagement. Support during negotiation, or in a later dispute, is available by separate agreement.
Outcomes
YOUR REVIEWER
Thomas Blenk
- Founder, President & CEO, SolarisTech Inc.
- Former Corporate Vice President, Global Marine Sectors, American Bureau of Shipping
- Former Deputy Commissioner of Maritime Affairs, Republic of the Marshall Islands
Screen it first. Inspect it properly.
Tell us the vessel, the side you are on and the date the deal turns.