SHIP INSPECTIONS

IDWAL MARINE

In 2010, Graig founded Idwal to capitalise on a gap in the ship inspection market. The team identified early-on that the standards of marine surveying around the globe were inconsistent and that the industry lacked a single, reliable and credible service partner who was able to deliver a consistently high quality and easy-to-understand inspection service to the international shipping community.​

​With this, and the rapid emergence of digital technology and innovation across all industries, Idwal set about developing and launching a new, and uniquely transparent inspection service, which gave instant access for clients to obtain a consistent quality inspection around the globe, for a competitive price and with consistently accurate and objective results.​

​The shipping industry's first cloud-based inspection platform was launched in 2016 alongside the first iteration of the Idwal Grade - the first numerical representation of a ship's condition to be fully delivered and accepted by the maritime industry.​

​Since then the Idwal Grade has evolved from the first standardised representation of a ship's condition to a 'gold standard' which is today trusted by banks, financial institutions, funds, shipowners, brokers, insurers, charterers and more.​

​Today, Idwal has one of the largest surveyor networks in the world and the Idwal Grade is providing the only link between a ships condition and its market value and allows our clients to accurately benchmark the quality of their vessels against real-time industry data. Beyond this, Idwal have continued to digitalise and innovate our inspection framework, ensuring that we continue to deliver a vessel assessment service which is based on clear, objective and consistent data and a report which removes the subjectivity and inconsistency which still exists in the wider inspection market.​

​Graig strives to make lasting and beneficial changes to the shipping industry that help generations to come in their shipping operations and carbon goals. The team often look for seed investment opportunities that can change the world and influence the future generation of maritime services. Find out more about Graig investments below or contact the team if you think you have the next big idea.