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4 Crucial Checks to Perform before Purchasing Ships for Sale

4 Crucial Checks to Perform before Purchasing Ships for Sale

  • November 30, 2020

Are you planning to buy second-hand ships for sale in Norway? From a financial angle, it might be a smart move but you should be careful and check the vessels for damage or issues. Needless to say, you must conduct a thorough check before sealing the deal if you want to ensure a high return on investment. When you visit to check the vessel condition, make sure you carry a checklist. In case you miss out on something important, we tell what you must check to ensure the perfect condition and functionality of the ship before buying.

 ships for sale in Norway

What are the crucial checks before purchasing ships?

Hire an expert inspector –

It is important to conduct inspections to ensure the seaworthiness of vessels. But have you found an experienced inspector yet? Only experienced and certified inspectors can conduct background research, analyse previous surveys, and explore other sources to perform comprehensive visual inspections. Based on all examinations and observations, the inspection team may provide you with a preliminary report that contains important information thereby helping you make the right purchase decision. If you are having a hard time finding an inspection team, a shipbroker can help you get in touch with one.

Inspect Class Record –

When you are purchasing ships for sale in Norway or any other part of the world, make sure you are buying classed vessels without fail. Otherwise, it might get difficult for you to secure a loan or investment from financial institutions. In this connection, you can rely on inspectors to check the class record and analyse the outstanding condition of ships. A class record tells you if the vessel has met with any damage or accident in the recent past. Whether the vessel complies with maintenance & construction needs or not, important details can be found in the class record.

Assess the structure –

Aesthetic appeal is important, but you must delve deeper into the structural condition to ensure years of service of the vessel. From measuring the thickness of the hull to inspecting the ballast tanks, an inspector can check it all. The expert doesn’t stop here because he is responsible for checking the integrity of marine valves, steering systems, and stuffing boxes as well. That apart, some tests may also comprise checking electronic equipment on board, electrical systems, propulsion components, and structural correctness of the submerged area of the vessel.

Conduct a sea trial –

Taking a sea trial must be made a mandatory part of the vessel buying process. If you are a first-time buyer, you should take an inspector or surveyor to test performance targets. Of course, the expert is going to guide you, but here are something you should watch out. Is the steering system perfect or worn-out? Are you satisfied with the speed performance? Do you feel jarring movements when the vessel runs on water? Or does the engine produce abnormal sounds? Make sure you have found answers to all of these questions before making a final choice.

Conclusion –

To buy ships for sale in Norway is a time taking a long drawn process that requires you to make the right choices at every step. And to make informed decisions regarding the same, it is always suggested that you consult with Norwegian Ship Sales, one of the leading ship brokering companies. From market trends to protocols and IMO codes, the expert team can enlighten you on all aspects and protect your interests always. Contact the professionals today!

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