C & V SURVEY
Condition & Valuation
|Client: Removed for privacy||Date of report: January 25, 2016|
|Our file #: 16 – 28691|
|Location: Removed for privacy||Date of inspection: January 22, 2016|
|Builder: Knight & Carver||Doc. #: Removed for privacy|
|Model/type: Long range sportfisher||Engine/MFG: Two Caterpillar 3408|
|Year: 1983||H.P. per: 525|
|Length: 94’ (LOA) / 86.5’ (Doc.)||Serial numbers: P – Removed for privacy|
|Draft: 6’ 6”||S – Removed for privacy|
|Beam: 27’ 6”||Type of instal. : Diesel, eight cylinders,|
|Name: “Removed for privacy”||turbocharged|
|HIN: None||Generator: Two 40 KW Caterpillar|
|One 8 KW Northern Light|
HULL & STRUCTURE
The vessel was inspected while afloat. Hull construction material is fiberglass over plywood (4 x .5” plywood layers). Deck is constructed of fiberglass over plywood and above deck structures are constructed of fiberglass over plywood. Bulkheads are constructed of plywood. Overall condition of the hull structure appears good. The vessel’s weight is 200,000 lb. (reported). Exterior rails and hardware appear good. Cosmetic condition of vessel appears satisfactory – good externally and satisfactory – good internally. Vessel’s external colors are white with yellow boot stripe. Below waterline through hull fittings appear good. The vessel is equipped with one engine driven and two Rule 1500, one Rule 3700 and one Flotec (six in total reported) electric / automatic bilge pumps that appear good and the bilge is holding minimal water. The ventilation system consists of two blowers and natural ventilation and appears satisfactory. General housekeeping appears good – excellent.
Engines external surfaces appear good and exhibit no rust, oil or coolant leaks. Engine hour meters exhibit S – 9,166 and P – 9,185 hours. Motor mounts appear good. Cooling system appears satisfactory – good. Fuel system and components appear satisfactory – good. Exhaust system and components appear satisfactory – good. Electrical system and components appear satisfactory – good. Engine control system appear satisfactory – good, and shaft logs appear satisfactory – good. Steering control system appears good and rudder ports appear satisfactory. Generators surfaces and motor mounts appear satisfactory – good. Generator’s peripheral components and systems appear satisfactory – good. Waste system and components appear marginal, repairs are underway. General service seawater systems appear satisfactory – good.
Summary: Satisfactory – Good
There is 5,000 gallon capacity in five steel tanks, two are located outboard in engine room, two are outboard forward of engine room and the day tank is on centerline forward of engine room. Fuel tank surfaces, where visible, appear satisfactory and the securing mechanism appears good. The fuel fill, vent, feed and return lines and components appear satisfactory. Fuel shutoff valves are located in engine room and appear satisfactory.
Summary: Satisfactory – Good
The AC shore cord, inlet and connections appear satisfactory – good. The AC wiring and outlets appear satisfactory – good. The AC main feeds are protected with circuit breakers. Battery arrangement appears good. 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.
SAFETY AND LIFE SAVING
Vessel has eight dry chemical units and one foam portable fire extinguishers with April 2015 certification. Vessel has a halon 1301 fixed fire suppression system with April 2015 certification. The safety components include: numerous type I adult, nine child type I PFDs and two life rings, MOB strobe, retrieving line throwable PFDs; distress flares with current certification ; Survivetec 10 person (July 2018) and Avon 8 person (no visible date) life raft; Danforth anchor with chain and line rode that appears good (short). Navigational and anchor lights appear good. Other safety equipment includes: fire alarm, 406 MHz EPIRB, AED unit, Honeywell MS-9200UDLS fire alarm control panel.
The vessel was inspected at its normal slip location. Line condition and arrangement appears good. Boarding hazards appear insignificant. All entry points are reportedly kept locked. Other security consists of a security system and locked dock gates.
Summary: Satisfactory – Good
ELECTRONICS, TENDER(S), ACCESSORIES
Accessories include: Engine room engine instrumentation includes Murphy gauges / alarms on gear oil pressure, engine oil pressure, water temperature, oil temperature and gear oil temperature, tachometer, engine oil pressure, fuel pressure, pyrometer, oil temperature, water temperature, manifold air temperature, ammeter, gear oil pressure and gear oil temperature, Richmond model 8V50-2C water heater, water pressure pump with pressure accumulator tank, PTO on each engine for hydraulics, PTO on port engine for stabilizers, compressor on port engine for shifting, Dahl fuel filters, Village Marine water maker, port genset serial # 4W-8958, internal sea strainers, fuel transfer system, Twin Disc MG-514C transmissions, starboard genset serial # 4W-8959, generator instrumentations includes fuel pressure, oil pressure and temperature, Maytag clothes washer and dryer, Scotsman Prodigy icemaker, engine room and aft electrical panels include two AC source selector switches, four AC and one DC voltmeters, six AC & one DC ammeter, two C-Power Isoboost 50 isolation transformers, Lewco FS 2440 ACD battery charger, two bait pumps, two bait tanks (eight scoops per side), transom door, swim platform, electric capstan, electric winch on tender davit, Boston Whaler tender with 40 h.p. Yamaha outboard engine, teak bow plank with anchor roller, Ideal electric windlass, exterior floodlights, two remote controlled spotlights, four windshield wipers, aft head and shower, forward crew cabin space with three berths, dinette and head, Scotsman Compact refrigerator, Cruis Air air conditioning system, Nutone blender, beverage dispenser, two 50 amp shore power inlets, ship’s vacuum, Richmond 8V30-2 water heater, 900 gallon aluminum water tank in forward bilge, flybridge aft deck with helm to port aft, bar to starboard forward and bench seats, Mathers pneumatic engine controls with four flybridge stations, Sperry NFU steering at aft flybridge station, two tachometers, rudder angle indicator and depth gauge at aft flybridge helm station, ship’s clock, double cabin below main helm console, Simrad Taiyo ADDF TD-L1620, Furuno FCV-292 color video sounder, generator instrumentation includes temperature, oil pressure, amps and volts, seawater temperature instrument, Horizon Quantum GX5500S VHF, Furuno FS-1501 SSB, Furuno GPS navigator, Naiad fin stabilizers, Furuno hailer, Sperry compass, main helm engine instrumentation includes tachometer, oil psi, temperature, oil temperature and volts, dual pyrometer, Simrad AP25 autopilot, transmission oil temperature and pressure gauges, electrical sub panel at helm, Furuno color radar, Furuno radar, four tank Tank Tender unit, helm chair, pilothouse bench seats, Furuno GPS navigator, chart table, antenna mast, ship’s clock and barometer, International Offshore depth and speed log, Panasonic blu ray, Yamaha RX-V373 AV receiver, TV, telephone system, ice maker, Kitchen Aid AV receiver, TV, telephone system, icemaker, Kitchen Aid dish washer, G.E. Profile trash compactor, galley sink, garbage disposal, G.E. Profile microwave oven, electric oven, Sub-Zero BI-485 / SIPH refrigerator freezer, three cabins with ensuite heads, cabin stereos, Mitsubishi TV, Mitsubishi M-AVI AV receiver, Mitsubishi VCR, stereo and cassette player, two wall beds, dining table, lap top computer with printer, freezer, two telephone / TV inlets
The vessel is a fiberglass over plywood motor vessel equipped with two diesel engines and three diesel generators. The original owner was reportedly the Daley Corporation and Solar Turbines, Inc. purchased the vessel in 1996. The generators were replaced in 1997. The vessel was maintained by a full time crew of three, one is currently on leave. The engines and transmissions are original with no major rebuilds. The hull bottom was just painted last week at the Marine Group Boat Works. The vessel was inspected in its slip, the vessel was not taken on a sea trial, the machine systems were not tested and the vessel was not hauled for survey. The vessel is actively and well maintained. The captain exhibits a wealth of knowledge regarding the vessel and its systems. The vessel is mostly used for corporate entertainment in San Diego Bay and very occasionally for fishing. The vessel is well suited for its intended purpose as a corporate entertainment vessel.
Overall Summary: Good
Actual Cash Value
New Replacement 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. 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.
This survey is for the express purpose of insurance and financing. It is not meant as a buyer’s survey.
These recommendations are the surveyor’s ideas and suggestions for addressing deficiencies with damaged or suspect components or systems found during survey or general improvements. The primary recommendations address safety items, structural issues, operational issues or deficiencies which the surveyor determines are of greater importance or more expense than secondary deficiencies. For instance, items that pose a risk to passenger safety or immediate property damage are listed under primary deficiencies and cosmetic concerns are addressed under secondary deficiencies. Most of the recommendations have been addressed in the comments and usually they are discussed at the time of the inspection.
- Replace wing nuts used on battery terminals with steel nuts and lock washers and comply with A.B.Y.C. (or similar) recommendations.
- Replace the broken hose clamp on the starboard fuel fill hose at the tank connection.
- Address weeps or leaks at the starboard rudder port and aft holding discharge through hull, eliminate weeps or leaks and remove stains and salt crystals to allow detection of any future weeps or leaks.
- Complete the repair of the waste system and prove it properly functional.
- Replace the EPIRB battery that had a battery date of 6/10.
- The water make is reportedly inoperative, address if/as desired.
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/finance 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 25, 2016
By: Mr. Kells Christian, Surveyor Date
S.A.M.S. – A.M.S. # 301