Report on 2007Policy Year P & I Condition Surveys 17 June 2008 No.08-003 We are pleased to report to you on the condition surveys carried out during the 2007 Policy Year ( 20 February 2007 to 20 February 2008). 1. General Policy Our criteria are as follows; (1) Pre-entry survey :All vessels : 10 years old and more, however; (a) Any chemical tankers with coated tanks : 6 years old and more (2) Entered vessels :All vessels : at 16 years old, and in addition; (a) Any vessels suffering two or more similar accidents due to unseaworthiness (b) Any chemical tankers with coated tanks entered for Indemnity Risks: when 6 years old (c) Any reefer vessels entered for Indemnity Risks : when 11 years old (d) Any tankers which have carried Heavy Fuel Oil (HFO) as cargo for the last 12 months: 10 years old and more; except when - Vessels have undergone our condition survey for the last 12 months, - Vessels have undergone a special survey by the classification society, or - Vessels has a current CAP 1 or CAP 2 rating issued by an IACS classification society. (3) Re-check : (a) All vessels surveyed by under (1) and (2) above: Every 4 years after the first survey. (b) Vessels entered when over 20 years: Every 2 years after the entry survey. Note:- 1 One or two surveyors of the Association's designated organization will attend on a condition survey. They check certificates/documentations, maintenance, a navigation plan, life saving appliances, fire control plan, seaworthiness, cargo worthiness, and special characteristics to be inspected according to each type of vessel in accordance with the Association's requirements. The survey needs about from half a day to 2days in the maximum and the surveyors avoid the vessel's delay. 2 In addition to the above criteria, from time to time a surveyor who is attending a vessel to check the cause and extent of cargo damage may be given a special order to carry out a condition survey of the vessel. (There were seven cases in 2007) 3 It is prefer