P&I Condition Surveys are distinctive in that, unlike all other surveys, their primary and pro-active purpose is to identify P&I risks that may expose a member to liabilities and lead to costly delays and unnecessary disputes with commercial partners. As such, a condition survey is a proven risk management process which can provide tangible returns that far exceed the relatively low cost of the P&I Survey fees and member effort expended.
The objectives of an P&I Survey are to:
Identify vessel structure, equipment and operational deficiencies and/or ISM Code non-conformities that constitute significant P&I risk and;
Provide recommendations to accomplish practical and prompt deficiency rectification to minimise all identified P&I risks to industry recognised ‘as low as reasonably practicable’ (ALARP) standards.