To minimize risk, shipowners should produce an assessment for each ship under their management. A fleet assessment will provide owners and evaluation of the investment value of a retrofit while keeping costs to a minimum and ensuring compliance for their ships. A Choice retrofit assessment includes:
Ship analysis: operating costs; condition; age
Reviews of Classification Society records
Charter contract or shipping route evaluations
Hazardous space or other shipboard limitations
CAPEX cost estimates
Examination of OPEX of BWMS maintenance and estimated repair schedule