Analysis and expertise

Polski Rejestr Statków S.A. offers services related to supervision of financing and execution of investment projects, e.g. ship construction or conversion, new and modernized industrial projects, if they are financed from external sources requiring guarantee, warranty or counter-guarantee, such as:

●   advance payment received when the project reaches a proper state or readiness,
●   bank credit for the execution of part of an investment project.

Our offer is for banks, guarantors, warranty institutions, including insurance companies, underwriters, financial institutions.

Within the above specified services provided in the form of regular inspections, PRS assesses:
●    the contractor’s readiness for a timely and quality execution of the project or its part,
●    the project budget against the presumed expenses,
●    the advancement of the project and the work progress,
●    the contractor’s credit worthiness during financing the project from the advance payments or bank loan portions.

In the case of the project intended for the investor’s own purposes, PRS performs the financial analysis of the project to calculate whether its operation generates sufficient means to pay off the credit loan.

PRS conducts the contractor’s risk assessment and identifies risk areas and hazards related to the contractor’s economic, financial and organisational situation.

PRS verifies:
●    payments made from the supervised financial means,
●    finance flux schedule in relation to the project execution schedule and possible execution disruptions.

Having regard to the safety of financial means intended for the specific task, PRS promptly and properly provides relevant information to the project contractor, financing body and guarantor.

Technical and financial supervision procedures applied in the execution of the project financed from external sources safeguard the financial means intended for a specific goal and guarantee their proper use during the project entire financing period.

All inquiries and orders regarding the above specified services shall be sent to: oh@prs.pl

Polish Register of Shipping (PRS), having over 80 years experience in shipbuilding and qualified staff and resources, offers a new service: performance of expertises and technical analyses for Administrations, Insurers, Shipowners and other entities.

PRS expertises include :

• valuation of market value of floating objects (sea-going and inland waterway ships),
• technical assessments on ships and other floating objects and shipboard machinery,
• technical expertise within the scope of grounds and extent assessment of floating objects damage,
• assessment of technical condition, performed at the request of future owners which aim to purchase new or used appliances, products or floating objects,
• performance of expertises on the manufacturing capabilities of production plants – assessment of equipment, technologies, personnel qualifications for taking specified production,
• expertises on technical condition of steel structures, tanks etc. and condition of anti-corrosion coatings,
• expertises within the scope of hull strength of ships, floating docks and other structures,
• expertises within the scope of environment protection in ships and land industrial objects,
• expertises within the scope of marinization of electrical equipment for compliance with PRS and other Class Societies Rules.

Additionally:

• at the request of installation users or manufacturers, PRS carries out periodical surveys of the mobile offshore drilling units and issues appropriate certificates of fitness for sailing,
• PRS assesses technical standards concerning ship and floating objects machinery and equipment.

PRS also offers performance of analyses of :

• structure strength of ships in service using own program. With use of advanced calculation methods for determining ship structure strength, minimum allowable thicknesses of ship hull members can be determined, based on stresses level calculated for the given structure. The strength analysis is also a tool for more efficient establishing the scope of hull repair for the given unit. Appropriate definition of necessary hull repairs (amount of steel to be replaced) may give considerable savings during the ship repair.
• measurements of energy quality. Analyses of energy measurements may contribute to increasing operating reliability of shipboard systems and eliminating generated interferences leading to failures. Proper control, recording and analysis of energy quality parameters and application of appropriate arrangements (filters) reducing interferences in shipboard power electronic system contributes to oil fuel economizing, environment protection and to longer life of electrical appliances. Requirements for carrying out measurements of energy parameters of shipboard network containing power electronic systems can be found in PRS Publication No. 25/P – Technical requirements for shipboard power electronic systems.

In case of any questions concerning the above mentioned services and requests for their performance, please send them to: oh@prs.pl