Merit surveyors Private Limited Is a diversified surveying company dedicated to serve its clients with professional and technical services

Our Services includes

Marine Surveying & Valuation

A marine survey is a comprehensive inspection or a critical examination of a marine vessel/structure for a specific purpose.
Our team is specialised in marine hull, machineries, marine cargo etc. Pre insurance surveys and loss adjustments.

Our services include below:

  • Valuation Inspection and Reporting

  • Pre-Offer Inspection

  • Pre-Purchase and Appraisals Surveys

  • Yacht and Ship Surveys and Appraisals

  • On hire/Off hire Surveys

  • Marine Facilities Surveys

  • Compliance Surveys

  • Draft / Deadweight Surveys Reports

  • Detailed Specialty Inspection

  • Delivery Inspections

  • Condition and Valuation Surveys

  • Damage Surveys

  • Underwater hull inspection Surveys

Marine Consulting

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Merit Surveyors offers a wide range of consultancy services, which is a very suitable arrangement when a specific survey is not applicable or appropriate.

On occasions when investigations, studies or simply representing an owner is required, a Consulting Contract can offer the flexibility to get the job done. Amongst the consultancy services offered are:

  • Supervision of routine and unscheduled dry dockings of ships and other vessels.

  • Investigating the causes of engine and machinery damage.

  • Owner’s representative for the refit of vessels.

  • Owner’s representative during the purchase of vessels.

  • Owner’s representative for new construction.

  • Marine Fraud and Accident Investigations.

  • T echnical Expertise & T estimony

  • Cargo Loss / Contamination Claims / Loss

    Prevention

Safety & Security ConsultING

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Merit Surveyors has a team of experienced and qualified Surveyors and Engineers with whom we offer all our clients consultancy services. This service, which is highly appreciated by our customers, gives them the opportunity to have a complete assessment of their Safety and Security System by a qualified third party that will enable to certify their adherence to and compliance with the maritime codes.

  • Examining client’s assets to determine level of security needed.

  • Designing security protocols, plans, and systems.

  • Implementing security measures and writing security policies for clients.

  • Coordinating and briefing with security team, assigning tasks accordingly.

  • Meeting with clients to explain security measures and to provide technical advice on security systems.

  • Running security tests and analyzing and reporting the obtained results.

Accident Reconstruction &  Investigations

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Merit Surveyors Maldives performs investigations of many types of accidents including collisions, allusions, fire damage, personal injuries, groundings, and cargo mishaps. This service provides our clients a unique and complete perspective of any incident by the use of the diverse pool of knowledge found in our company expertise. We use our surveyor’s ́ knowledge and experience to determine the most likely scenario for the causes of the incident and assess the full extent of the damage and required repairs. We can evaluate a composite material structure to determine the causes of structural/mechanical failures or other problems.

Cargo survey & Inspections

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We determine the quantity of both dry and liquid bulk cargoes loaded/discharged by draft survey or tank measurement or other means. We also verify by representative sampling and testing of the samples, or by other means, that a cargo meets specific parameters. Finally the physical cubic measurement of a particular cargo is carried out to determine freight payable and/or for pre-planning stowage.

Our services in this category include:

  • Loss and Damage Surveys

  • Bulk and Oil Products Surveys

  • Hold and Tank Cleanliness

  • Pre-Shipment Surveys

  • Container Surveys

Valuation for insurance

An insurance valuation is a thorough assessment of the rebuild cost of the property.

Insurance Valuations will involve a Chartered Surveyor visiting the property and measuring the property in full to then calculate the cost of rebuild.

Asset valuations are project managed by our expert insurance valuers from start to finish to give you the peace of mind that all aspects are taken care of and your insurer is in possession of up to date, robust and accurate valuation reports that will stand up to scrutiny in the event of a claim.

VALUATION of REAL ESTATE

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Property / Real Estate investment is one of the major investment process which needs a big amount of your savings and to make it a successful real estate purchase a complete valuation of the property becomes mandatory. Whether is a land, building or a commercial properties a complete measure makes the process more safe and secure.

A proper planning and complete guideline from experts helps to easily cross the pits and falls in real estate industry. With a complete and in-depth knowledge about the real estate industry, we provide wide range of services like, advisory, investor guideline, legal obligation, complete analysis on the competitive market value, property acquisition etc.

VALUATION OF INDUSTRIAL ASSETS, PLANT & MACHINERY

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Valuations of infrastructure and specialised assets aids the company to manage and if required upgrade the operating physical assets cost-effectively. It enables to create a structure to manage the establishment activities for capital assets and to avoid risk factors like future financial problems, operational risk, productivity etc. The dedicated valuation team conduct a complete study of the existing asset, acquisition of assets through development, final disposal or replacement of assets, budgets and complete data analysis and provide most succinct summary.

ENTERPRISE & BUSINESS VALUATION

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Business valuation is impacted by a multitude of factors such as the subject company's industry, its stage of development and the source of the invested capital. Additionally, the variety of purposes for which business valuations are performed, the influence of local jurisdictional rules and available valuation methods further increase the complexity of business valuation.

Value Creation

Business valuation requires a solid grasp of both how value has been created prior to the valuation date, and how it will continue to be created in the future. The foundation of business valuation is the ability to understand how a company cultivates ideas or concepts and deploys its invested capital, aiming to drive returns in excess of its cost of capital. The process of value creation does not follow a single path, but rather many paths that vary by industry and the company's position in its life cycle. Understanding this process is at the heart of our extensive valuation experience, whether we are performing a valuation analysis for financial reporting, tax, strategic planning, business restructuring, or dispute and litigation purposes.

VALUATION OF INTANGIBLE ASSETS

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“Intangible assets may be what drive the value of your whole company—the secret sauce the buyer pays more for," Brenneman says. "But agreeing to the value of these types of assets and the rest of your business is often the biggest sticking point when selling a company.”

Intangible assets mean economic assets which do not have physical substance or form,or are not tangible. Intangible assets include brands, goodwill, customer relationships, software and intellectual property related rights.

We could say that Intangible Assets are made of:

Marketing Intangibles: Trademarks, Trade Names, Copyrights, Internet Domains, Commercial Know- How...
Manufacturing Intangibles: Patents, Utility Models, Industrial Designs, Technical Non-disclosed Know- How, Commercial Secrets, Inventions, Formulas, Manufacturing Processes, Industrial Copyright... Mixed Intangibles: Company's Reputation, Business Models.