How it works

A simple, documented process from first notification to settlement.

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The process

1. Notify us

Email or WhatsApp the vessel, location, claim reference and a short damage description.

2. Photos or survey

Send photos, the survey report or the loss adjuster's report. We can inspect where needed.

3. Offer within 24 hours

We send a clear written offer, with collection terms included. The offer states whether it is a purchase price or a removal fee.

4. Paperwork

We complete the transfer using your documentation: bill of sale, salvage or abandonment forms, registration [confirm].

5. Collection

We arrange lift-out and transport to our yard on an agreed date.

6. Settlement

Bank transfer [confirm timing]: we pay you for a positive offer, or invoice the agreed fee for a negative one.

How we value a vessel

Our offer reflects the vessel's condition, its location, the cost of recovery, lifting and transport, storage, and any disposal or decontamination needed. When those costs exceed the vessel's recoverable value, the offer is negative, meaning the insurer pays us to take the boat. We show this transparently in the written offer, with the main cost drivers listed, so you can compare it with the cost of keeping or disposing of the vessel yourself.

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