About us
At the time of this publication in early 2014 hundreds of vessels, ranging in size from 14’ to 60’, have been surveyed or appraised by Frank Abbey.
Frank Abbey, C M S
Marine Surveyor
The purpose of a survey is to determine the condition of a vessel's
structure and equipment, and to approximate its value. Most surveys
are done for a specific purpose, such as insurance, financing,
pre purchase, or are needed as a result of a loss from damage,
theft, or accident. As a potential buyer or owner the survey can
assist you in determining whether the vessel is in a safe and
seaworthy condition. Barring special conditions such as an accident
a survey is often required every 4 to 5 years by insurance companies.
Pre Purchase Survey
A Pre purchase survey is a (C&V) survey with a complete inspection
of the hull, including the bottom and in most cases should include a
sea trial. This is the most complete survey and is recommended when
purchasing a used vessel. The overall condition of the vessel,
equipment, and engines will be assessed. This inspection will also
determine the fair market value and condition of the vessel.
Shipping Container Survey
ISO/CSC shipping containers are subjected to rules that
indicate a periodic inspection be conducted by a trained
inspector. We conduct these inspections routinely.
C&V Survey
C&V surveys are usually needed by insurance companies and financial institutions to determine the condition and value so that an amount of insurance or financing needed can be determined and or the amount of loan which may be available. This type of survey also be used to determine the fair market value of the vessel for Estate purposes or value for a vessel which may be donated to a Charitable organization.Damage Survey
A damage survey is most often required by an insurance company after a loss has been incurred due to an accident or other event. .Marine Surveys
© Frank Abbey 2020
