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Inspections & Valuations

From the outset and subsequently with any financing of a pre-owned superyacht, an inspection of the yacht will be required under maritime regulations, for clients as the beneficial owners, for insurers, as well as for lenders as part of their security package. For new yachts an initial inspection is required to satisfy maritime regulations, but an initial inspection and/or valuation may also be required as part of a loan to value calculation for some lenders.

Inspections of yachts will be required by some lenders to be repeated at certain intervals. Choosing the right specialist with the relevant expertise to inspect and/or value the superyacht is crucial. CJ&S through its network of inspection and valuation partners can assist and manage this process.