Risk Management Bunker and Conditional Surveys
A bunker and conditional survey of a vessel is a key component used when establishing and documenting the condition of a vessel.
Done when ownership changes or when a time charter is arranged, it protects your interests and investment. Local SGS inspectors work seamlessly within our global network to ensure that your independent survey adheres to industry best practices.
When buying, selling or chartering a vessel, an independent bunker and conditional survey provides you with documented proof of the actual condition of the vessel. A visual inspection performed by one of our marine services experts also minimizes your commercial and contractual risks by ensuring that the quality of the bulk cargo shipped from the load port is the quality that arrives at the discharge port.
A bunker survey establishes the amount of bunker and lube oil onboard the vessel. These surveys are an important loss-prevention measure since documentation of bunker operations is required in the event of a dispute or claim.
Improper collection and distribution of bunker samples may risk the settlement of a subsequent claim in the event of a dispute. Our global network of third party marine inspectors have extensive experience conducting bunker surveys prior to and after time charter periods.
A conditional survey is usually done in association with a bunker survey. A conditional survey is performed to inspect and record the condition of the loading gear, cargo holds and hatches of the vessel.
SGS inspectors are highly regarded internationally. They provide you with documented independent proof of the actual condition of the vessel you are buying, chartering or using. The findings and the report that SGS inspectors provide can be used to substantiate claims that may arise as a result of damage to the vessel or cargo.
Conditional and bunker surveys are two SGS commercial carrier inspections that give you financial protection and peace of mind when shipping bulk cargo.