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PRE-SALE INSPECTIONS

    Changing the way vessels are sold

    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

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    WHY USE a PRE-SALE INSPECTION?

    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:

    1. Enhances the number of serious buyers & potential for “clean” offers
    2. Increases chances of a successful transaction
    3. Creates a level playing field between multiple buyers
    4. Permits 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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    Why Idwal?

    With over one hundred years of heritage and an ethos of quality, innovation, and integrity, Idwal is known for accurate, consistent and objective inspection reports as well as a continuous commitment to raising the standards of ship inspections worldwide.

    We are supported by our offices in the UK, Shanghai, Tokyo and Greece and have an extensive global network of surveyors.

    All inspection reports feature the Idwal Grade®, a number between 1 and 100 showing the integrity of any maritime asset or investment whilst enabling easy benchmarking and comparisons at a glance.

     

    kEY fACTS

    • On average, Idwal inspects more than 50 ships every week
    • Idwal has a global network of over 500 surveyors across 90 countries
    • Average report re-sales 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
    READ MORE ABOUT IDWAL
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    Sample Reports

    Bulk Carrier

    Containership

    General Cargo

    LNG Tanker

    LPG Tanker

    Trusted by the best

    Pre-sale inspections are used by some of the biggest shipping names of the world...

    “K Line has used Idwal’s pre-sale services on numerous occasions to encourage an open and fair selling process for ships placed on the S&P market. The process is seamless, transparent and has generated high levels of interest in the buyers’ market with good, clean offers which have concluded in successful sales of K Line vessels.”

    K Line
    “As one of the largest shipping companies in the world, MOL has used the services of Idwal to conduct pre-purchase inspections of vessels which are marketed for sale. Idwal is a reliable and trustworthy company that always provides fair and independent inspection reports to MOL’s vessels in line with MOL’s attitude to be open and fair to the market.”
    MOL Group

    Get in touch

    If you have any questions about Pre-Sale Inspections, 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.