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+44 (0) 2920 446 644 | Login to Idwal ID

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+44 (0) 2920 446 644 | Login to Idwal ID

Changing the way vessels are sold through a sophisticated online platform for sellers and buyers.

Keep control of the inspection process without wasting time and resources on multiple inspectors attending the vessel for several potential buyers.

Significantly reducing cost to sellers, Idwal delivers one accurate and independent inspection report for any vessel released to the market for sale.

Click here if you need an inspection for a vessel you are purchasing

A dedicated platform, powered by the Idwal Grade®

Typically owners have elected to place their vessel on the market via brokers and then wait for multiple interested parties to inspect the vessel. This process can be chaotic and disruptive and it is challenging for sellers to manage the process.

Using the pre-sale method:

  • Concierge features to assist you through the process
  • Control of the inspection process without multiple inspectors attending the vessel
  • Increased number of serious buyers & potential for “clean” offers
  • Reliance on the report data by all parties who purchase the report

This is a cost-effective solution, which often neutralises the inspection costs and keeps the sellers in full control. Reports are kept confidential to serious buyers only and have a high-transaction success rate.

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Discover the pre-sale module

We are pleased to announce the launch of our new module for pre-sale inspection reports, which streamlines their online distribution to facilitate the sale and purchase (S&P) of vessels. The module enables the following benefits to sellers and buyers:

  • Ability to authorise potential buyers’ access to the relevant Idwal report and distribute to interested parties
  • Insight into who is engaging with the asset information
  • Not dealing with multiple third-party inspections for potential buyers
  • Full assurance of report authenticity
  • The right of reliance on the report’s validity and accuracy
  • No need to organise pre-purchase inspections 

This evolution of Idwal’s current service automates some of the manual tasks for all involved and marks another step towards a more efficient S&P inspection process.

The Idwal Approach

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The Idwal Grade

The Idwal Grade is the gold standard of ship condition grades, used by financiers, shipbrokers, and shipping companies across the globe.

Go to Idwal Grade

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Right of Reliance

All of Idwal's projects, inspections, and services come with a right of reliance on report validity and accuracy, giving you peace of mind.

Idwal Services

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Technical Excellence

All Idwal services and inspection reports are underpinned by an extensive QA programme, supported by shoreside ex-seafarers.

Meet the team

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Speed of Service

Idwal strives to accommodate even the most short notice inspections, with reports delivering within 5 working days.

Report Supplements

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Dedicated Platforms

Idwal's in expert in-house software engineering team have developed dedicated platforms for condition improvement & S&P services.

Discover Idwal ID

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ESG & Social Impact

Alongside Idwal's standard condition inspections and data benchmarking, we have developed ESG and Social Impact scores for the market.

ESG Services

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Key Facts

  • On average, Idwal inspects more than 50 ships every week
  • Idwal has one of the largest Surveyor Networks in the world, covering ports in over 90 countries
  • Average purchased reports per vessel is between 4-8 times
  • Reports are delivered in 5 working days
  • Reports delivered online, and shared under strict control
  • Pre-sale inspections are now used in over 30% of all S&P deals

Resources

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Idwal Snapshot S&P: Issue 16 now available for download

Read the report
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Simplifying S&P: Why expertise & trust still matter in a digital world

Download whitepaper
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Idwal Snapshot S&P: Issue 15 now available for download

Read the report
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Simplifying S&P: How market intelligence is changing S&P

Download whitepaper

Sample Reports

Get in touch

If you have any questions about pre-sale inspections, you can use the form below to get in contact with a member of the Idwal team who will be more than happy to help.

Disclaimer

  • Inspection reports provided by Idwal are for the confidential use of the original customer, only.
  • Only reports which have been purchased from Idwal for a fee, via the pre-sale scheme, can be provided to other parties (i.e. buyers) and relied upon for commercial reasons.
  • Idwal does not recognise reports which have not been distributed under our control, and such reports cannot be relied upon for commercial purposes, nor can Idwal be held responsible for any subsequent loss or damage arising from reliance upon such reports and data.
  • All Intellectual Property Rights in connection with Idwal Reports, are owned by, and are the exclusive property of, Idwal Marine Services Limited, unless otherwise agreed.