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1 REPORT OF MARINE SURVEY PRE-PURCHASE CONDITION & VALUE Of vessel “CARACHOLJA” 2006 SANLORENZO 62’ CONDUCTED BY: MARVELOUS YACHTING PTE LTD

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1

REPORT OF MARINE SURVEY

PRE-PURCHASE CONDITION & VALUE

Of vessel

“CARACHOLJA”

2006 SANLORENZO 62’

CONDUCTED BY:

MARVELOUS YACHTING PTE LTD

2

SURVEY REPORT TABLE OF CONTENTS

MAJOR REPORT SECTIONS PAGE NO.

SCOPE OF SURVEY & GENERAL INFORMATION 3

HULL BOTTOM 4

PROP(S) 5

RUDDER 6

TRIM TABS, STABILIZER AND THRUSTER SYSTEMS 6,7,8

ENGINE INSTRUMENTS AND CONTROLS 9

INSPECTION RECOMMENDATIONS SUMMARY 10

CONDITION & VALUE SUMMARY 10

CLOSING STATEMENT & SIGNATURE PAGE 11

3

SCOPE OF SURVEY & GENERAL INFORMATION

SCOPE OF SURVEY

Report Number: SR2019040901

Date of 1st Inspection: 09/04/2019

Date of Final Inspection: 09/04/2019

Date of Report: 10/04/2019

Survey Conducted by: MYPL

Requested by: This survey was performed at the request of the purchaser.

Purpose of Survey: Assess the overall condition and value of vessel for pre-purchase decision making.

Intended use: Recreation and Pleasure

Location of Survey: ADMIRATLY MARINA, MALAYSIA

Survey on: 09/04/2019@1150hrs

Sea Trail: A sea trail was held prior to this survey inspection with the buyer representative.

VESSEL INFORMATION

Vessel name: CARACHOLJA

Vessel Description: SANLORENZO 62

Year Built: 2006

Builder: Sanlorenzo S.p.a.

Hull ID: SPZ600018

Hull Description: White

VESSEL SPECIFICATION

LOA: 18.87m

Beam: 5.14m

Draft: 1.79m

Air-berth: 6.50m

Gross Tonnage: 47.51

Mode: Power

Fuel use: Diesel

Construction material: Fiberglass

SURVEY INSPECTION COMMENTS

All system and components inspected and described herein are considered serviceable and/or functional

except as indicated in the survey report and recommendations section. If a component is not identified in this

report, it was not inspected.

4

Hull Bottom:

Construction material: Molded fiberglass, No cracks or separation sighted on any portion of hull bottom

Bottom paint: Last anti-fouling bottom paint was done in 2016. Barnacle sighted.

Osmotic blistering: NO evidence of blister found on hull bottom during bottom inspection.

Moisture/Delamination: Small patches delamination at port bow around bow thruster.

Strainers/Scoops/Screens: All strainers/screens are well secured to hull bottom. Barnacle sighted.

5

Transducers: Transducers for speed and depth are adequately sealed and bonded to the hull. The speed transducer

not sighted.

Thru Hull fittings: Mushroom type and rectangle type bronze fittings for all below Water Line Sea cock locations.

Well secured to hull bottom.

Earthing Plate: Barnacle sighted. Well secured.

Underwater light: Sighted but unable to test functionaty.

6

PROP(S) description: AB2 alloy Prop. Props have four blades

Strut(s): Fair condition, Barnacle sighted

Cutlass (shaft) bearing(s): Fair condition, Barnacle sighted.

7

RUDDER type/condition: No abnormal horizontal or fore/aft movement in rudders. No cracks or bending or

damage sighted in rudders.

Rudder alignment/swing: Unable to swing.

TRIM TABS, STABILIZER AND THRUSTER SYSTEMS

TRIM TABS: Barnacle sighted and missing of Zinc anode.

STABILIZER: Not Sighted

8

Thruster systems: Bow and stern thruster, barnacle sighted, able to rotate freely and unable to test functional or

not.

ANODES Shaft: Not sighted.

ANODES Rudder: Not sighted.

ANODES Props: Good condition.

ANODES THRUSTER: Good condition.

ANODES Trim tabs: Zinc anode need immediate replacement

ANODES stern hull: Zinc anode need immediate replacement

Anode notes: Monitor all anodes frequently on hull and underwater equipment and replace when they are no

more than 50% wasted. Anodes are normal replacement items designed to help protect the running gear from

electrolysis. Keep spares aboard vessel.

Air-condition water cooling system: Barnacle sighted

9

ENGINE INSTRUMENTS AND CONTROLS

Throttle controls: At Pilothouse, tested. It needed to select (SEL) station function.

10

INSPECTION RECOMMENDATIONS SUMMARY

OTHER OBSERVATIONS:

These are other less significant maintenance items or observations that if not addressed, could lead to more

important priority issues and/or could lead to a reduced vessel market value. The cost of addressing these

recommendations is generally minimal.

1. Inspected and test run to ensure fully functional.

CONDITION & VALUE SUMMARY

DECLARATION:

Rating of vessel condition was determined upon completion and review of all reported survey information

including recommendations and comparing vessel to the same or similar age models. Possible vessel condition

ratings are as follows: ·

EXCELLENT - Essentially as new

ABOVE AVERAGE - Has had above average care with no obvious defects or limitations. ·

AVERAGE - Ready for sale but needs some maintenance or repairs, updates or cleaning. ·

BELOW AVERAGE - Needs significant maintenance, repair or service.

Estimated fair market value was determined by cross referencing data from yacht sale market and other

brokerage listings or local dealers. Adjustments are then made for condition or equipment as necessary. The fair

market value is for the vessel in its current condition prior to any repairs or maintenance.

Estimated replacement cost was determined using information obtained from local dealer prices using the same

or similar make and model with similar equipment options.

RATING OF VESSEL CONDITION.............AVERAGE CONDITION.

ESTIMATED FAIR MARKET VALUE........$ 550,000 ·

ESTIMATED REPLACEMENT COST.........$ 25,000 ·

INTENDED USE OF VESSEL.......................Pleasure and Recreations.

SUITABILITY FOR INTENDED SERVICE: Vessel is considered fit for its intended use and upon correction of all listed

recommendations.

NOTE: All “Recommendations" should be thoroughly reviewed to bring vessel up to current standards and or

improve the value of the vessel.

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CLOSING STATEMENT & SIGNATURE PAGE

This report is submitted in confidence for the exclusive use of Buyer without prejudice to the rights and/or

interests of other concerned parties and may not be used for any other purpose or relied upon by any other

person.

ATTENDING SURVEYOR: JAMES LIM

MARVELOUS YACHTING PTE LTD

YM30811