Apeks Marine & EngineeringApeks Marine

General Industry

Lloyd's List Intelligence Launches Vessel Due Diligence Tool

Lloyd's List Intelligence's new Vessel Due Diligence module aims to cut manual vetting time for marine underwriters and vessel vetters.

A New Workbench for Vessel Risk Screening

Lloyd’s List Intelligence has rolled out a new module called Vessel Due Diligence, designed as an add-on to its Seasearcher platform for marine underwriters and vessel vetters. According to a report by The Maritime Executive, the tool is meant to tackle a long-standing pain point in marine insurance and vetting: the slow, manual process of pulling together vessel risk data from multiple disconnected sources before making a coverage or charter decision.

The Problem It Aims to Solve

Lloyd’s List Intelligence estimates that underwriters and vetters currently lose two to four hours every week checking vessels individually, wading through complex reports, and still arriving at decisions without full confidence in the underlying data. Vessel Due Diligence is pitched as a fix for that fragmentation, pulling dry dock status, machinery condition, inspection records, and port call history into a single operational view.

What the Module Includes

The new workbench is built around several core capabilities:

  • A consolidated screening panel combining incidents, inspections, deficiencies, seizures, arrests, and Class and P&I status in one place.
  • Dry dock visibility intended to flag vessels that may carry elevated operational risk.
  • Multi-vessel and fleet-level screening, using historic port call data to speed up assessments across larger fleets.
  • Hull risk and behavioural indicators, aimed at surfacing operational red flags that standard compliance checks might miss.
  • Audit-ready decision support, built to make underwriting and vetting calls more consistent and defensible.

Nicola Marlin, Chief Product Officer at Lloyd’s List Intelligence, said the product represents a shift for underwriting and vetting customers—from fragmented data toward genuine decision-making support—and was built to reflect how these teams actually operate day to day.

What This Means for Owners and Managers

For ship owners and managers, tools like this signal where the underwriting and vetting side of the industry is heading: toward faster, more automated risk scoring that pulls together dry dock history, inspection outcomes, and behavioural data into a single risk profile. That has practical implications. A vessel with gaps in its inspection record, inconsistent dry dock documentation, or unexplained deviations in port call patterns is now more likely to be flagged quickly and clearly, rather than slipping through a slower, more manual review process.

This raises the operational bar for maintaining clean, verifiable documentation across a vessel’s technical history. Condition surveys, bunker surveys, and cargo hold inspections increasingly serve as the underlying evidence that feeds into these consolidated risk pictures—when an underwriter or vetter can see dry dock status and inspection history side by side in one screen, any inconsistency or gap becomes far more visible than it would have been under a fragmented, source-by-source review.

For charterers and technical superintendents, the emergence of consolidated due-diligence platforms is also a reminder that independent, well-documented survey reports carry growing weight. As underwriting and vetting decisions become more automated and data-driven, the quality and completeness of the source inspection data—condition surveys, machinery assessments, hull observations—becomes the raw material that determines whether a vessel is flagged as higher risk or cleared efficiently. Owners who invest in thorough, independently verified surveys are better positioned to present a clean risk profile when their vessels pass through these new automated screening layers.

Looking Ahead

While the Vessel Due Diligence module is aimed squarely at underwriters and vetters rather than owners directly, its launch is part of a broader industry trend toward consolidating vessel risk data into single, decision-ready platforms. As these tools mature, the pressure on owners and managers to maintain transparent, up-to-date inspection and survey records is likely to grow, since that data increasingly determines how quickly—and how favorably—a vessel is assessed.

Reviewed by Ibrahim Halil Ceylan, Marine Surveyor at Apeks Marine.

Source: Maritime Executive

Important Note

This article is auto-curated from a third-party source for general awareness only. It is not Apeks Marine & Engineering's own reporting, and it is not legal advice, an official notice, or a substitute for the original source.

Request a Survey