An On/Off Hire Survey is a crucial inspection conducted before and after a vessel or equipment is chartered or leased. Its primary objective is to assess and document the condition of the asset, ensuring a clear understanding between the owner and charterer at both the commencement and conclusion of the charter period.
These surveys help to prevent disputes and protect the interests of all parties by providing a transparent, objective record of the vessel’s state at key transition points.
1. Dispute Prevention and Evidence-Based Resolution
The survey serves as verifiable documentation of the vessel or equipment’s condition. Should disputes arise regarding damage, wear and tear, or loss of use, this report offers factual evidence to support fair resolution.
2. Protection for the Vessel Owner
For the owner, the on-hire survey establishes the vessel’s baseline condition before the charter begins. It ensures accountability for any new damages or losses incurred during the charter period.
3. Protection for the Charterer or Lessee
The off-hire survey provides assurance to the charterer that they will not be held responsible for any pre-existing damages or deficiencies, as documented at the time of delivery.
Our experienced surveyors conduct a thorough inspection of the vessel or equipment, including:
Upon completion, a comprehensive survey report is issued. This includes:
This report serves as a mutual reference point, helping to reduce ambiguity and strengthen professional trust between parties.
At Bashan & Gilead Marine Services, we understand the operational, financial, and legal implications of the chartering process. Our surveyors deliver accurate, unbiased, and timely on/off hire surveys that support smooth transitions and lasting business relationships.
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