95′ Poole passenger fishing vessel

28685

Appraisal

Client: Removed for privacy Date of report:      January 16, 2015
Location: Removed for privacy Our file #:             16 – 28685
Date of inspection: January 11, 2016

VESSEL DESCRIPTION

Builder:       Poole Boat Co. Doc. #:              Removed for privacy
Model/type: Passenger fishing Engine/MFG:     Two Lugger SA6B140-1
Year:           1985 H.P. per:            Unknown
Length:         95’ Serial numbers: P – Removed for privacy
Draft:           5’                           S – Removed for privacy
Beam:         24’ Type of instal. : Diesel, 6 cylinders,
Name:         “Removed for privacy” turbocharged
HIN:             None Generator:         Two 75 KW Lugger
Hailing Port: Removed for privacy

HULL & STRUCTURE

The vessel was inspected while afloat. Hull construction material is aluminum.  Deck is constructed of aluminum and above deck structures are constructed of aluminum.  Bulkheads are constructed of aluminum.  Overall condition of the hull structure appears satisfactory.  The vessel’s weight is unknown.  Exterior rails and hardware appear satisfactory.  Cosmetic condition of vessel appears satisfactory externally and satisfactory internally.  Vessel’s external colors are white.  Below waterline through hull fittings appear satisfactory.  The vessel is equipped with two electric bilge pumps and the bilge is holding minimal water.  The ventilation system consists of natural ventilation and appears satisfactory.  General housekeeping appears satisfactory – good.

Summary: Satisfactory

MACHINE SYSTEMS

Engines’ external surfaces appear satisfactory and exhibit no significant rust, oil or coolant leaks. Engine hour meters exhibit 40,000 & 40,036 hours.  The engines are reportedly vintage 2000.  Motor mounts appear satisfactory.  Cooling systems appear satisfactory.  Fuel systems and components appear satisfactory.  Exhaust systems and components appear satisfactory.  Electrical systems and components appear satisfactory.  Engine control systems appear satisfactory and shaft logs appear satisfactory.  Steering control systems appear satisfactory and rudder ports appear satisfactory.  Propulsion components were not inspected – vessel was not hauled.  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 – Good

FUEL SYSTEM

There is 8,300 gallon capacity in five integral aluminum tanks. Fuel tank surfaces are not visible and the securing mechanism is excellent.  The fuel fill, vent, feed and return lines and components appear satisfactory.

Summary: Satisfactory

ELECTRICAL SYSTEMS

The AC shore cord and connections appear satisfactory (208 volt system). 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 four portable fire extinguishers with current certification. Vessel has a CO2 fixed fire suppression system with inspection date June 2015.  The safety components include: numerous PFDs and one throwable PFD; distress flares with current certification; two 20-person life rafts with inspection date June 2016; first aid kit; four anchors with  chain rode that appears satisfactory.  Navigational and anchor lights appear satisfactory.  Other safety equipment includes: EPIRB, two personal locating devices, smoke & CO alarms.

Summary: Satisfactory – Good

DOCKING

The vessel was inspected at its normal slip location. Line condition and arrangement appears satisfactory.  Boarding hazards appear insignificant.  All entry points are reportedly kept locked.  Other security consists of marina personnel.

Summary: Good

ELECTRONICS, TENDER(S), ACCESSORIES

Accessories include: 1,200 gallon water capacity in two aluminum tanks, 30 scoop bait tank, 1,000 gallon port and starboard fish holds, 2,000 gallon center fish hold (refrigerated coil), dual actuator hydraulic steering system, Professional Mariner battery charger, Sea Recovery Aqua Whisper water maker, Twin Disc MG-5114SC transmissions, Hynautic hydraulic engine controls, electric windlass, anchor roller, bow bait tank, floodlights, mast / boom with two electric winches, aft upper deck engine controls, two upper deck refrigerators, five bunks in two crew cabins on flybridge, Pyramid 70V PA, Wesmar HD800 SERIES SONAR, Furuno FCV-292 color video sounder, miscellaneous tools and spares, pilothouse helm chair and bench seat, two computers, Furuno Universal AIS, seawater temperature instrument, two Furuno Navnet multi-functional device, Sperry compass, engine instrumentation includes tachometers, oil pressure, temperature, hour meters and volts, generator instrumentation includes engine room and pilothouse with temperature, boost and oil psi, rudder angle indicator, inverter controller, Comnav 1001 autopilot, ICOM IC-M700 HF transceiver, Horizon GX2000 Matrix VHF, Kenwood 2 meter transceiver, Furuno HF transceiver, Kenwood 2 meter transceiver, ICOM IC-V8000 transceiver, Furuno FS-1503SSB, Furuno GP-31 and GP-32 GPS, ICOM IC-700 HF transceiver, ICOM IC-M127 VHF, two Dometic cabin top air conditioners, lucky horseshoe, four table dining area, Sharp TV, icemaker, coffeemaker, Hobart double door refrigerator / freezer, electric cooking includes two grills, four burners, two Lang ovens and two warmers, double sink, twelve double berth passenger cabins, one crew cabin below

SUMMARY

The vessel is an aluminum passenger fishing vessel built in Chula Vista, California. The current owner operated the vessel when it was new and purchased the vessel in 1991.  The vessel was designed by Todd Chaffee.  The vessel has a long range fishing passenger limit of 28 per the certificate of inspection.  The vessel is in average condition for this vintage and type of vessel.

Overall Summary: Satisfactory

VALUE

ACTUAL CASH VALUE

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.

This survey is for the express purpose of insurance appraisal. It is not meant as a buyer’s survey.

RECOMMENDATIONS

Condition of vessel was not requested and no recommendations are made in conjunction with this appraisal

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.
________________________________                       January 16, 2016
By: Mr. Kells Christian, Surveyor                                                Date
S.A.M.S. – A.M.S. # 301