Marine Surveys
Understand vessel condition, systems and the scope of repair or refit work.
Condition · Repair & Refit · Insurance
Explore marine surveys →VVS / Home
SERVICES
Understand condition. Establish value. Prepare your case.
Marine surveys, certified vessel appraisals and expert-witness support for owners, lenders, insurers and maritime attorneys.
Discuss Your SurveyTHREE COMPLEMENTARY DISCIPLINES
Choose a survey, appraisal or litigation assignment.
Certified Appraisals
Establish an informed basis for vessel value and the documentation an assignment requires.
Value · Importation · Donation · Refinance
Explore certified appraisals
Expert Witness & Litigation Support
Bring technical vessel evidence into case preparation, depositions and testimony.
Forensic analysis · Case preparation · Testimony
Explore litigation support →FIND THE RIGHT STARTING POINT
Find the service for your situation.
HOW IT BEGINS
From vessel information to a defined report.
01 / Define the decision
Explain the vessel, intended use and information needed.
02 / Establish the evidence
Consider vessel condition, available records and relevant market evidence.
03 / Explain the opinion
Make the basis, assumptions and limitations clear.
BEFORE YOU COMMISSION THE WORK
Survey or appraisal? Start here.
What is the difference between a survey and an appraisal?
A marine survey assesses vessel condition, systems and related repair questions. An appraisal develops an opinion of vessel value for a defined purpose. Some assignments need both perspectives; the scope should reflect the question you need answered.
Explore appraisal workWhen is a survey or appraisal required?
A lender, insurer or other intended recipient may request a specific report. VVS also supports decisions involving acquisition, donation, importation, condition, repair and testimony. Requirements are assignment-specific: confirm what the recipient needs and discuss the appropriate scope with VVS before commissioning work.
Compare the reasons for an assessment ↑Which basis of value fits my decision?
A normal market transaction, a time-constrained sale and a vessel after repairs ask different valuation questions. Start with the intended use and effective date. VVS can discuss the appropriate basis and assumptions for the assignment.
Compare FMV, OLV, FLV & ARVDoes a desktop valuation include a physical inspection?
No. VVS describes desktop valuations as using market research, comparable sales, photographs, video walk-throughs and vessel history without a physical inspection. Discuss whether the available information and limitations suit the intended use; it is not a substitute for a condition survey.
Explore valuation scopeWhat should I have ready for the first conversation?
Start with the vessel’s year, make, model, size and location; the decision or report you need; your timing; and the records or condition information available. Identify who will use the report so VVS can discuss scope, limitations and engagement terms.
Discuss your assignment ↓