Condition Inspections

Vessels are technically-sophisticated, high-value assets with complex structural and mechanical requirements. The condition of almost all types of vessels will degrade over time, with values depreciating and risks increasing as vessels reach the end of their economically useful life.

For investors and financiers in shipping who are typically remote from the day to day ownership and operation of these assets, it is critical to ensure that vessels are maintained in accordance with industry best-practice, with values preserved and asset-integrity maintained, whilst risks are minimised.

A simple and cost-effective method of mitigating the risks of premature value-depreciation, asset degradation and increased risk is to undertake a periodic condition assessment of your asset(s).

Idwal is a market leader in delivering quality, comprehensive and objective Condition Inspections to the global shipping industry. We have been delivering unrivalled insights into the condition of a wide range of vessel-types since 2010 and have developed a unique digital inspection framework which guarantees a consistent and objective assessment, every time. Not to mention the all-important Idwal Grade, which has now become the 'gold standard' financial institutions, shipowners, and other stakeholders believe in and trust.

Leading banks, funds, lessors and financiers use our Condition Inspection services to fully understand the condition of their investments and to ensure that their collateral is maintained to an industry best-practise standard, with values preserved and risks minimised.

Many of our clients have made critical decisions based on our reports which are universally accepted by prominent financial institutions as an accepted independent validation of vessels condition.

With Idwal you can expect a quick report turnaround, an extensive global reach and a competitive price. Most importantly, you'll get a report delivered straight to your mailbox which you can understand easily and which you can act on.