50′ Contour trimaran

C & V SURVEY
Condition & Valuation

Client: Removed for privacy
Date of report: September 30, 2014
Our File #: 14 – 28339

Location: XXXX
Date of inspection: September 29, 2014

VESSEL DESCRIPTION

Builder: Contour Yachts
Model/type: Contour 50 / trimaran**
Year: 2002
Length: 29′ 6″ (with anchor roller)
Draft: 4′ 11″ / 8′ 9″ with centerboard*
Beam: 29′ 6″
Hailing Port: Removed for privacy
Name: Removed for privacy
HIN: Removed for privacy
Reg. #: Removed for privacy
Engine/MFG: Yanmar 4JH3E
KW per: 41.2 @3,800 rpm
Serial number: Removed for privacy
Type of instal. : Diesel, 4-cylinders, freshwater cooled, sail drive
*sistership specifications / **conversion

HULL & STRUCTURE

The vessel was inspected while afloat. Hull construction material is composite
fiberglass. Deck is constructed of composite fiberglass and above deck structures are
constructed of composite fiberglass. Coring is unknown. Bulkheads are constructed of
composite fiberglass (apparently). Overall condition of the hull structure appears
satisfactory (modified). The vessel’s weight is unknown. Exterior rails and hardware
appear satisfactory – good. Mast, mast step, sailing system and chain plates, where
visible, appear satisfactory. The sailing system is a unique, fixed wing system. The
vessel has been modified to accept the mast for the system, eliminating passage from
the main saloon to the forward cabin. The vessel has been used as an “experimental”
vessel by the U.S. Navy. Cosmetic condition of vessel appears marginal externally and
marginal internally. Vessel’s external colors are white. Below waterline through hull
fittings appear satisfactory (Marelon). The vessel is equipped with two manual and two
Rule Mate 500 electric / automatic bilge pumps that appear satisfactory (not tested) and
the bilge is dry. The ventilation system consists of natural ventilation and appears
satisfactory. General housekeeping appears marginal.
Summary: Satisfactory

 

MACHINE SYSTEMS

Engine’s external surfaces appear satisfactory and exhibit moderate rust. Engine hour
meter exhibits 3192 hours. Motor mounts appear satisfactory. Cooling system appears
satisfactory. Fuel system and components appear satisfactory. Exhaust system and
components appear satisfactory. Electrical system and components appear satisfactory.
Engine control system appears satisfactory. Steering control system appears
satisfactory. Propulsion components were not inspected. Generator surfaces and motor
mounts appear satisfactory. Generator’s peripheral components and systems appear
satisfactory. Waste system and components appear satisfactory. General service
seawater systems appear satisfactory.
Summary: Satisfactory

FUEL SYSTEM

There is unknown capacity in an unknown number and type of tanks. The feed and
return lines and components appear satisfactory.
Summary: N/A

ELECTRICAL SYSTEMS

The AC shore cord, inlet and connections appear satisfactory. The AC wiring and
outlets appear satisfactory. The AC main feed are protected with circuit breakers.
Battery arrangement appears satisfactory. Batteries are equipped with disconnect
switches. DC wiring appears satisfactory. Circuit protection for the AC and DC branch
system appears satisfactory. Wire terminations and connections appear satisfactory.
Wire organization and arrangement appears satisfactory.
Summary: Satisfactory

SAFETY AND LIFE SAVING

Vessel has one foam and two dry chemical portable fire extinguishers. Vessel has no
fixed fire suppression system. The safety components include: four type adult type II
PFDs and no throwable PFDs; distress flares with current certification; 60 lb. CQR
anchor with chain rode that appears satisfactory. Navigational and anchor lights appear
satisfactory (not tested). Other safety equipment includes a canister air horn.
Summary: Satisfactory

DOCKING

The vessel was inspected at its normal slip location. Line condition and arrangement
appears satisfactory. Boarding hazards appear insignificant.
Summary: Satisfactory – Good

ACCESSORIES

Accessories include: Anchor roller, stainless steel antenna / tender arch (aft), stainless
steel arch in cockpit, aft cabin with two berths and head, water pressure inlet, two 30A /
125V shore power inlets, shore power cord, Newmar GI-50 galvanic isolator, aft head
includes manual head and sink, waste Y valve, cockpit shower, cockpit spigot and hose,
engine instrumentation includes tachometer with hour meter, oil pressure and
temperature, Whitlock compass, Interphase twin scope fathometer, Side Power bow
thruster, Raytheon Ray 210 VHF, two Anderson 58ST winches, Raytheon ST60 depth,
speed and multi instruments, carbon fiber mast, fixed wing type sails, Lewmar two
direction electric windlass, foredeck spigot and hose, water pressure pump with
accumulator tank, two maintenance free 12 volt batteries below V-berth (bow thruster),
second water pump (forward), hinged dagger boards, heart interface Freedom Marine 30
inverter, Guest Charge Pro 10 amp battery charger, ICOM AT-130 antenna tuner,
internal sea strainers, SD50 sail drive (manufacturer’s number 0200-12), Racor fuel
filters, generator engine model 3TNV76 with serial # 43970 and generator model
XC10KW004N, serial # 0802009, generator exhaust gas / water separator, water heater,
electrical distribution panel to port aft in main cabin includes AC & DC branch and main
circuit breakers, AC & DC voltmeters and ammeters, generator panel, heart interface link
2000R inverter control, Wema tank level indicator, chart table, Raytheon Ray 270 VHF,
battery in engine room, opening port lights, deck hatches, folding dining table, G.F.C.I.
outlets, air conditioning controls (unit not seen), Anderson 53 center board winch

SUMMARY

The vessel is a composite fiberglass trimaran built in Canada to a Rob Lambden design.
The vessel was reportedly modified by the United States Navy for testing purposes and
is equipped with a carbon fiber mast and a fixed wing sailing system. The structure has
been modified to accept the mast. The vessel now has three separate cabin spaces;
each is only accessible from the deck. Research suggests the architectural design
change was done by Morelli and Melvin (Huntington Beach, CA) and the modification
work was performed at Knight & Carver Yacht Center (San Diego, CA) in conjunction
with Harbor Wing Technologies (Seattle, WA). The vessel was a prototype for an
unmanned sailing vessel project. The vessel is equipped with a diesel engine and a
diesel generator. The engine was briefly tested, the sail drive was engaged and the
generator was briefly tested and loaded. The vessel appears to be basically structurally
sound. The sailing system is not currently functional, as it was designed to be controlled
by computers which are not aboard. The vessel appears basically structurally sound.
The vessel was not taken on a sea trial or hauled for survey.
Overall Summary: Satisfactory

VALUES

ACTUAL CASH VALUE – $99,000

NEW REPLACEMENT VALUE – $700,000

INVESTMENT – N/A

The actual cash value is the value that our research approximates the selling price of this vessel should be, at the time and place of our inspection. The actual cash value is best determined by a thorough market search to determine what vessels are available on the market, followed by negotiations between the interested parties. Consideration is given to vessel’s condition, geographic location, published listings and guides, comparable sales and listings, and market conditions. The new replacement value is the cost of this or a similar, new vessel, comparably equipped. The investment is the reported investment including purchase price and significant upgrades. No values include maintenance costs, storage or tax.

C & V Form Key: All systems are rated based upon their appearance, ratings include: Not examined, Not applicable, Faulty, Marginal, Satisfactory, Good, Excellent.

RECOMMENDATIONS

1. Determine how to sail the vessel in its current configuration or modify/replace the
sailing system to allow the vessel to be a functional sailing vessel. This issue is
the primary factor in the value of the vessel.
2. The interior is now separated into three separate cabins, the forward cabin can
be reconfigured to allow below deck communications between the spaces.
3. There are metal shavings on the steering cable bracket below the quadrant,
determine the significance and address appropriately.
4. The insulation for the steering cable is split below the starboard berth in the aft
cabin, replace the cable.
5. Properly secure the small battery charger in the engine room.
6. Properly secure the generator’s muffler as it is unsecured.

NOTES

1. We did not see any of the tanks, their location and condition is beyond the scope
of this survey.
2. We test operated very few components and the function of most of the electrical
components is beyond the scope of this survey.
3. Address the warped plywood in both amas as necessary.
4. Replace the cracked and rusted hoses located aft in both amas.
5. Address the high moisture condition in both amas (side hulls) and the aft cabin.
6. The vessel apparently had an air conditioner (controls visible), but the air
conditioner was not seen.
7. There was a head previously in the forward cabin, it had been removed, return as
desired.
8. The hatches and port lights are crazed, replace as desired.
9. There are different types of fasteners through the aft bulkhead in the forward
cabin, the structural integrity of the cross members’ connections and
modifications for the sailing system are beyond the scope of this survey.
Consider deeper analysis and address liabilities as necessary.
10. Assure the vessel has onboard all required carriage items and that they are
maintained appropriately.

This survey sets forth the condition of the vessel and components, as specifically stated only, at the time of inspection and represents the surveyor’s honest and unbiased opinion. The submitting of this report should not be construed as a warranty or guaranty of the condition of the vessel, nor does it create any liability on the part of Christian & Company or the individual surveyor. No part of the vessel was disassembled or removed and no assumptions should be made as to the condition of concealed components. Specifics were obtained from sources available at the time of inspection and are believed correct, but are not guaranteed to be accurate. This inspection was performed for the expressed purpose of obtaining insurance, and should provide the information necessary for underwriting purposes, if any additional information is required, please contact the undersigned. This survey report is not intended for use as a “buyer’s survey”.

Christian & Company, Marine Surveyors, Inc.

________________________________
By: Mr. Kells Christian, Surveyor

SAMS – AMS #301