- What is a Loss of Hire Survey?
- A Loss of Hire Survey monitors a vessel's repair progress to accurately determine the period during which the vessel is off-hire — i.e. unable to earn revenue. Our surveyor tracks the technical progress of repairs and validates the time claimed under a Loss of Hire insurance policy.
- Why is a Loss of Hire Survey conducted in parallel with an H&M Survey?
- Because the same repair event triggers both claims simultaneously. The H&M surveyor assesses the damage and supervises repairs, while the Loss of Hire surveyor monitors how long those repairs take. Having both conducted by the same firm ensures consistent, coordinated reporting with no gaps or contradictions between the two claims.
- Who commissions a Loss of Hire Survey?
- Loss of Hire surveys are typically commissioned by Loss of Hire underwriters or by H&M underwriters when a Loss of Hire policy is in place. Shipowners may also request them to document and support their time-off-hire claim.
- What counts as valid time on hire for a Loss of Hire claim?
- Time on hire refers to the period during which the vessel is actively undergoing repairs directly related to the insured incident. Our surveyor distinguishes between time attributable to the covered damage and any concurrent maintenance, delays, or unrelated works that would not qualify under the policy.
- How is repair progress tracked during a Loss of Hire Survey?
- Our surveyor attends the shipyard regularly throughout the repair period, reviewing daily repair logs, workshop reports, and progress records. We verify that the work being carried out is directly related to the insured damage and provide regular updates to the underwriter throughout the claim.
- Can shipyard delays affect the Loss of Hire claim?
- Yes. Avoidable shipyard delays, material procurement issues, or periods of inactivity not directly linked to the repair of insured damage may not be recoverable under a Loss of Hire policy. Our surveyor identifies and documents these periods clearly, providing the underwriter with the evidence needed to assess the valid claim period.
- Do you operate worldwide for Loss of Hire Surveys?
- Yes. We are available worldwide 24/7. Based in Nantes, France, with access to an international airport, we can typically mobilise within 24 to 48 hours of your instruction.