Typically, the party responsible for the survey costs depends on the situation:
- Pre-purchase surveys: The buyer usually pays for the survey to ensure the vessel’s condition and avoid unforeseen repairs. This may include the slipping of the vessel as well. Learn More
- Periodic surveys: For commercial vessels, the owner or operator is generally responsible for paying for routine surveys to maintain compliance with maritime safety laws. Learn More
- Insurance surveys: Owners also cover the costs if an insurance survey is required for policy renewals or claims. Learn More
Our team can help guide you on who should pay depending on your unique circumstances.
Contact us to discuss your survey requirements.