2016 27'7" Cobia Center Console Open Fisherman

"No Name"

Membership with the Society of Accredited Marine Surveyors and the American Boat & Yacht Council

401-742-5800
2 Pawtucket Ave Bristol, Rhode Island 02809 Captainken360@gmail.com
 Report of Marine Survey

Of the Vessel

"No Name"
2016 27'7" Cobia Center Console Open Fisherman

CONDUCTED BY
Kenneth Andrade
SAMS® Associate Marine Surveyor
360 MARINE

PREPARED EXCLUSIVELY FOR:

Joseph Gaudreau
07/20/2023

SOCIETY OF ACCREDITED MARINE SURVEYORS, ABYC, NFPA

Report of Marine Survey
Report of MarineSurvey

INTRODUCTION
PREAMBLE
At the request of Joseph Gaudreau to which this report is addressed, 07/20/2023. At Striper Marine , located at 26
Tyler Point Rd in Barrington .R.I. 02806. The boat was posi oned on the trailer. There were 3 people including
myself at that me including , Ma a employee at Striper Marina . The prospec ve buyer's were present. There
were no other independent surveyor's present Engine, Ultrasonic, Electrical etc.
Note : Recommenda on was made by myself to at least have a Engine Surveyor contracted, as the engines are a
big percen le of cost of the vessel and need to be opera ng properly for safety reasons!
PURPOSE & SCOPE
The a ending Surveyor a ended aboard the 2016 Cobia Center Console Open Fisherman "No Name", at the
request of Joseph Gaudreau to which this report is addressed, 07/20/2023.
PURPOSE:
This Insurance/Pre-Purchase survey was requested to determine the physical condi on and value of the vessel and
intended for that purpose only. The Survey Report is for the exclusive use of the client and those lenders and
underwriters that will finance and insure the vessel for this client only, and is not assignable to any other par es for
any purpose. This report represents only on the condi on of the vessel where at/as was on the date of this
inspec on only. It provides no guarantee and no predic on of the vessel's condi on or use on any later date. The
intended users of this report and valua on are the clients and those underwriters considering insuring this vessel,
for this client only.
Scope:
The vessel was Surveyed without the removal of any parts, including fixed par ons, fastened panels, fi ngs,
headliners & wall-liners, heavy furniture, tacked carpe ng or other fixed flooring material, appliances, electrical
equipment or electronics, struments, anchors line & chain, spare parts, personal gear, clothing, miscellaneous
items in the bilges, cabinets, lockers or other storage spaces, or other fixed or semi-fixed items. Only installed
items were inspected, including but not limited to enclosures, covers and tops. Locked compartments or otherwise
inaccessible areas would also preclude inspec on. Survey requester is advised to open up all such areas for further
inspec on. A visual inspec on was conducted only on accessible structures and no destruc ve tes ng was
performed. Naval architecture and engineering analysis were not a part of this Survey. Furthermore, no
determina on of stability characteris cs or inherent structural integrity has been made, and no opinion is
expressed with respect thereto. This report represents only on the condi on of the vessel where at/as was on the
date of this inspec on only. It provides no guarantee and no predic on of the vessel's condi on or use on any later
date. The intended users of this report and valua on are the clients and those underwriters considering insuring
this vessel, for this client only.

CONDUCT OF SURVEY
THE MANDATORY STANDARDS PROMULGATED BY THE UNITED STATES COAST GUARD (USCG), UNDER
THE AUTHORITY OF TITLE 46 UNITED STATES CODE (USC); TITLE 33 AND TITLE 46 CODE OF FEDERAL
REGULATIONS (CFR), AND THE VOLUNTARY STANDARDS AND RECOMMENDED PRACTICES DEVELOPED
BY THE AMERICAN BOAT AND YACHT COUNCIL (ABYC) AND THE NATIONAL FIRE PROTECTION
ASSOCIATION (NFPA) HAVE BEEN USED AS GUIDELINES IN THE CONDUCT OF THIS SURVEY.

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Report of Marine Survey
DEFINITION OF TERMS
The terms and words used in this report have the following meanings as used in this Report of Survey:
APPEARED:
Indicates that a very close inspec on of the related item was not possible due to constraints imposed upon the
Surveyor (e.g. no power available, inability to remove panels or requirements not to conduct destruc ve tes ng,
etc.).
SERVICEABLE:
Fulfilling its func on adequately (usable at the me of Survey).
POWERED UP:
Power was applied only. This does not refer to the opera on of any system or component, unless specifically
indicated.
Terms used in the narra ve of this report are based on common descrip ons and language-use that may be
unique only to the marine industry. It is also understood that
words may have different meanings (within or outside the marine industry). Any terms or descrip ons that are not
completely understood, should be (and all are encouraged to do so)
made available from the marine surveyor who provided this report.
USE OF "A", "B" or "C":
Use of the le ers "A", "B" or "C" in the body of this report will indicate that a finding will be listed in the
''Findings and Recommenda ons'' Sec on pertaining to the le ered item. PLEASE BE ADVISED THAT SOME
DEFICIENCIES, OBSERVATIONS AND SUGGESTIONS MAY ALSO BE CONTAINED IN THE BODY OF THE
REPORT.
The number of asterisks in this General Informa on sec on refers to the source of related informa on as follows:
** Per Manufacturer's Documenta on
*** Per Registra on Documenta on
**** Per BUC Book Data
Unless specifically noted otherwise, there were no measurements or calcula ons performed during the Survey.
The specifica ons listed within the report are believed to be correct; however, accuracy is not guaranteed.
Recommend obtaining accurate measurements and performing calcula ons as desired, or verifying all vessel
specifica ons and capaci es with the vessel's builder.
The Boat Value Guide Comparison Calcula on is an average of the Low and High values in each of the published
current year value guides where the subject vessel is
listed. BUC, ABOS, NADA and Kelly Blue book values may be considered. The Value Guides have a "condi on"
factor imbedded in their values. The condi on used in the guides should be indicated ("BUC CONDITION" per
BUC defini on etc.) The terms and words used in this report have the following meanings as used in this Report of
Survey:

SURVEYOR NOTES
TRIAL RUN COMMENTS
A trial run was performed during the Survey inspec on. The engines, and boat operated as Designed and should.

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Report of Marine Survey
OUT OF WATER INSPECTION COMMENTS
An out of the water inspec on of the hull's we ed surfaces and running gear was performed during the Survey
inspec on.
ELECTRICAL INSPECTION COMMENTS
DC power was used to power up the electrical systems specified in this report only, unless otherwise noted.
HIN (HULL IDENTIFICATION NUMBER) VERIFICATION COMMENTS
The vessel's HIN (CBACW002G516) was verified during the Survey inspec on.

ENGINE/MECHANICAL SURVEY
There was no Mechanical/Engine Surveyor onboard during the Survey. It is highly recommended and understood
that all propulsion & auxiliary power systems (engines, transmissions, gears, drives, generators) be inspected by
their respec ve Manufacturer's Cer fied Technician to determine their condi on.

GENERAL VESSEL INFORMATION

TYPE OF SURVEY REQUESTED: Pre-Purchase for Buyer condi on & Value Finance/Insurance
DATE AND TIME OF SURVEY: SURVEY DATE & LOCATION: 07-20-2023
VESSEL BUILDER: Cobia
HIN (HULL IDENTIFICATION NUMBER): CBACW002G516
MODEL YEAR: 2016
STATE REGISTRATION NUMBER: (Current). R.I. 7494W
LENGTH OVERALL (LOA): Reportedly, 27'7"
BEAM: Reportedly, 9'8"
DRAFT: Reportedly, approximately Min, Dra 1'10
DISPLACEMENT: 5,200 Lbs.
LOCATION OF SURVEY INSPECTION: At Striper Marine , located at 26 Tyler Point Rd in Barrington .R.I.
02806
LOCATION OF BOTTOM INSPECTION: At Striper Marine , located at 26 Tyler Point Rd in Barrington .R.I.
02806
RATING & VALUATION
VESSEL OVERALL RATING: ****ABOVE AVERAGE

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Report of Marine Survey
ESTIMATED MARKET VALUE: $128,000

VESSEL DOCUMENTATION
STATE REGISTRATION COMPLIANCE (33 CFR 173)
The vessel's State Registra on Numbers were displayed according to U.S.C.G. Standards.

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Report of Marine Survey
VESSEL CONSTRUCTION
HULL ARRANGEMENT
HULL DESIGN TYPE
Modified-V, planing type, with flared bow, hard chines and li ing strakes.
HULL MATERIAL
Reportedly, solid FRP (fiber reinforced plas c) below the waterline, with End-Grain Balsa Wood sandwich core
above the waterline.
EXTERIOR FINISH
White gelcoat, with Silver and gold boot stripes.

GENERAL EXTERIOR CONDITION

The exterior of the vessel appeared to be generally well kept.
SWIM PLATFORM
Reportedly, cored fiberglass integral swim pla orm.
BOARDING SWIM LADDER
Telescoping stainless steel boarding ladder installed at the swim pla orm.

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Report of Marine Survey
BILGES
A gelcoated surface was used in the bilges. Recommend keeping the bilges clean & dry.

GENERAL BILGE CONDITION

No significant water was observed collec ng in the bilges.
MOISTURE COMMENTS
There did not appear to be any significantly elevated conduc vity readings (possible moisture intrusion or other
conduc ve material) around the hull, deck and superstructure penetra ons, when tested with a Moisture Meter.
Percussion soundings were performed on the en re hull with extra a en on on problem areas, with no issues.

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Report of Marine Survey
DECK ARRANGEMENT
RUB-RAILS
White Plas c composite compression rail with stainless steel striker strip.
HULL-TO-DECK JOINT TYPE
Overlap "Shoe Box" type joint.

BRIDGE ARRANGEMENT
T-TOP
Pipe-welded coated aluminum T-Top, with fiberglass Hard-Top and three sided helm window enclosure & wing
curtains.

EXTERIOR EQUIPMENT
EXTERIOR SEATING
Lebroc helm and forward console bench sea ng, with matching coaming bolsters.

EXTERIOR LIGHTING
T-Top overhead lights and cockpit under-gunwale lights.

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Report of Marine Survey

EXTERIOR WASHDOWNS
Freshwater washdowns were located in the port rear deck. Demonstrated. Salt water wash down were located in
starboard rear deck. Demonstrated.

EXTERIOR SHOWER
Hot/cold shower in the starboard transom wing locker. Demonstrated.

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Report of Marine Survey

DECK HATCHES
Opening deck hatch by Bomar on the foredeck.
CLEATS
Cleats throughout the vessel were stainless steel, pop-up or horn type.

FISHING EQUIPMENT
OUTRIGGERS
Rupp Marine "Top Gun Revolu on" anodized aluminum, T-Top mounted telescoping side outriggers.

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Report of Marine Survey

ROD HOLDERS
Rod holders were installed in the gunwales, T-Top and a helm seat rocket launcher.

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Report of Marine Survey

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Report of Marine Survey
LIVE BAIT-WELLS
An integrated raised live bait-well was located in the centerline transom.

FISH BOXES
Two (2) removable insulated fish boxes were located under the port & starboard cockpit deck.

WASH DOWNS
Freshwater & raw water washdowns were located in the port & starboard cockpit.

CABIN APPOINTMENTS
INTERIOR
HEAD ARRANGEMENT
Jabsco 12 volt Head.

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Report of Marine Survey

INTERIOR SYSTEMS & EQUIPMENT

LIGHTING
12 Volt DC and 110 volt AC ligh ng fixtures. All lights illuminated.

AUDIO/VISUAL EQUIPMENT
STEREO SYSTEM
Fusion MS-UD750 Stereo/CD/DVD/Sirius Satellite Radio Player, with Fusion MS-NRX200i Remote Controls, JL
Audio Speakers, Amplifiers and MP3/USB jacks.

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Report of Marine Survey

PROPULSION & MACHINERY SPACE

PROPULSION SYSTEM
ENGINE MODEL
Twin, Yamaha F-250 Four Stroke, 204.6 cid Model# F-250XCA Serial # 6CHX-1002475 & 6CHX-1009626 Outboard
Motors.

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Report of Marine Survey

MANUFACTURE DATE
Port manufactured: 05/15. Starboard manufactured: 03/15.

ENGINE HORSEPOWER
250 Horsepower each.
NUMBER OF CYLINDERS
Six (6) in a 60 degree V configura on.

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Report of Marine Survey
ENGINE STARTER VOLTAGE RATING
12 Volt.
ENGINE HOURS
Reportedly, approximately 611 hours.
ENGINE SERIAL NUMBERS
Port:6CHX-1002475 Starboard:6CGX1009626
THROTTLE & SHIFT CONTROLS
Yamaha Fly-By-Wire "Command Link" Digital Thro le/Shi Control System.

TRIAL RUN INFORMATION

ENGINE STARTUP
The engines started without excessive cranking or excessive exhaust smoke.
ENGINE PERFORMANCE
[ No Content ]

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Report of Marine Survey

TRIAL RUN CONDITIONS

An inshore trial run was performed in calm condi ons.

MACHINERY & BILGE SPACE EQUIPMENT

SEACOCKS/SEA-VALVES
Raw water seacocks were bronze alloy ball valve type. Lubricate, exercise and monitor frequently. Recommend
performing maintenance on all seacocks & sea-strainers annually (disassemble, inspect, clean and lubricate). It is
also recommended that all below the waterline and near the waterline thru-hulls have a proper sized wooden plug
a ached to func on as an emergency plugging device. Second hose clamp was added to thru hull when sea trial
ended.

FUEL SYSTEMS
FUEL SYSTEM TYPE
Gasoline.
FUEL TANK MATERIAL
5052-H32 Aluminum.

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Report of Marine Survey
NUMBER OF FUEL TANKS
One (1).
FUEL TANKAGE CAPACITY
189 Gallons.
FUEL TANKAGE LOCATION
Centerline under the cockpit deck.
MAIN ENGINE PRIMARY FUEL FILTERS
Two (2) Yamaha spin-on canister type Primary fuel filter/water separators. Just installed 07/15/2023

ELECTRICAL SYSTEMS
DC ELECTRICAL SYSTEMS
DC SYSTEMS VOLTAGE
12 Volt systems.

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Report of Marine Survey

BATTERIES
Group 27, 12 volt "Maintenance Free" Ba eries

BATTERY SWITCHES
Four (4) Blue Sea Systems rotary switches.
BATTERY PARALLEL SWITCHING
Ba ery Parallel Switch installed at the port side of helm seat.

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Report of Marine Survey
STEERING SYSTEMS
STEERING SYSTEM TYPE
Hydraulic Power Steering.

ELECTRONICS & NAVIGATION EQUIPMENT

VHF RADIOS
Standard Horizon Explorer VHF Radio.

COMPASSES
Ritchie 3.5" Compass. Recommend having the compass swung, providing a current devia on card.

GPS CHARTPLOTTER
Garmin GPSmap 7612XSV GPS/Chartplo er.

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Report of Marine Survey

FISH FINDER
[ No Content ]

SAFETY EQUIPMENT
SAFETY EQUIPMENT (U.S.C.G.)
WEARABLE PERSONAL FLOATATION DEVICES (33 CFR 175)
None sighted. Provide properly sized and rated U.S.C.G. Approved Personal Flota on Devices for each person
onboard. It was said, Seller have them in storage.
THROWABLE PERSONAL FLOTATION DEVICES (33 CFR 175)
None sighted. It was said, Seller have them in storage.
FIRE EXTINGUISHERS (46 CFR 25)
Two (2) Type ABC-I 2.5 lb. Dry Chemical. Recommend moun ng all fire ex nguishers in prominent loca ons
throughout the vessel.

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Report of Marine Survey

VISUAL DISTRESS SIGNALS (33 CFR 175.101)

None sighted. It was said, Seller have them in storage.
SOUND PRODUCING DEVICES (33 CFR 83)
12 Volt DC Electric Air Horn. Powered up Loud!
NAVIGATION LIGHTS (33 CFR 83)
All Naviga on Lights illuminated when tested.

AUXILIARY SAFETY EQUIPMENT

FIRST AID SUPPLIES
None sighted. Highly recommend a full Medical Kit and the periodic renewal of any outdated medical supplies.

BILGE PUMPING SYSTEMS

ELECTRIC BILGE PUMPING SYSTEMS
Two (2) Rule 2000, 12 volt Bilge Pumps with floatswitches. Powered up.

UNDERWATER EQUIPMENT & HULL INSPECTION

PROPELLERS
Three (3) Yamaha Saltwater Series XL, three bladed Stainless Steel propellers. 19-TL 15 1/4

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Report of Marine Survey

TRIM & TILT SYSTEM

The Trim & Tilt motors operated normally from the helm controls and from the engine mounted trim switches.
TRIM TAB SYSTEM
Lenco Marine 12 volt DC electric Trim Tabs, with level indicator Lights.

HULL TRANSDUCERS
ARMAR transducers appeared serviceable, where sighted.

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Report of Marine Survey

ANTIFOULING PAINT
A new coat of an fouling bo om paint was reportedly applied approximately 1 month prior.

OSMOTIC HULL BLISTERS

No osmo c laminate blisters were sighted.

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Report Summary
Report Summary

SUMMARY
VESSEL CONDITION
It is the Surveyor's experience that develops an opinion of the OVERALL VESSEL RATING OF CONDITION, a er
the Survey has been completed and the findings have been organized in a logical manner.
The grading of condi on developed by BUC RESEARCH and accepted in the marine industry for a vessel at the
me of Survey, determines the adjustment to the range of base values in the BUC USED BOAT PRICE GUIDE for
a similar vessel sold within a given me period, as a considera on to determine the Market Value.
The following is the accepted Marine Grading System of Condi on:
''EXCELLENT (BRISTOL) CONDITION'', is a vessel that is maintained in mint or bristol fashion (usually be er than
factory new, loaded with extras, a rarity).
''ABOVE AVERAGE CONDITION'', has had above average care and is equipped with extra electrical and
electronic gear.
''AVERAGE CONDITION'', ready for sale requiring no addi onal work and normally equipped for her size.
''FAIR CONDITION'', requires usual maintenance to prepare for sale.
''POOR CONDITION'', substan al yard work required and devoid of extras.
''RESTORABLE CONDITION'', enough of hull and engine exists to restore the boat to usable condi on.

As a result of the Survey, as shown in the REPORT OF MARINE SURVEY & FINDINGS AND
RECOMMENDATIONS sec ons of this report and by virtue of my experience, my opinion is:

ABOVE AVERAGE

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Report Summary
STATEMENT OF VALUATION
1. The "FAIR MARKET VALUE" is the most probable price in terms of money, which a vessel should bring in a
compe ve and open market under all condi ons requisite to a fair sale, the buyer and seller, each ac ng
prudently, knowledgeably and assuming the price is not affected by undue s mulus.
Implicit in this defini on is the consumma on of a sale, as of a specified date and the passing of tle from seller to
buyer under condi ons whereby:
a. Buyer and seller are typically mo vated.
b. Both par es are well informed or well advised, and each ac ng in what they consider their own best interest.
c. A reasonable me is allowed for exposure in the open market.
d. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and
e. The price represents a normal considera on for the vessel sold, unaffected by special or crea ve financing or
sales concessions granted by anyone associated with the sale.
Es mated Fair Market Value is determined using a cross reference of data from Sold boats. com, BUC Used Boat
Pricing Guides, NADA, Yachtworld.com, other online sales lis ngs or dealers. Adjustments are made for condi on
and related equipment. The Es mated Market Value is for the vessel in its condi on on the date or dates of the
Survey, prior to any repairs or maintenance.

A er considera on of the reliability of the data, the extent of the necessary adjustments and condi on of the
vessel, it is the Surveyor's opinion that the "FAIR MARKET VALUE" of the subject vessel is:

$128,000
One Hundred Twenty-Eight Thousand US Dollars

Es mated Replacement Cost is determined using a cross reference of data obtained from Boat
Dealers and other online resources.
2. The "ESTIMATED REPLACEMENT COST" indicates the retail cost of a new vessel of the same make/model
with similar equipment offered by the same manufacturer. "ESTIMATED REPLACEMENT COST" of the subject
vessel is:

$315,000

SUMMARY
In accordance with the request for a Marine Survey of the "No Name", for the purpose of evalua ng its present
condi on and es ma ng its Fair Market Value and Replacement Cost, I herewith submit my conclusion based on
the preceding report. The subject vessel was personally inspected by the undersigned on 07/20/2023. Subject to
correc on of deficiencies listed in sec ons A and B, the vessel is considered to be reasonably suitable for its
intended use. Other deficiencies listed should be a ended to in keeping with good maintenance prac ces or as
upgrades.

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Report Summary
DISCLOSURE STATEMENT
This survey represents the surveyor's honest and unbiased opinion of the vessel's condi on
and value. This survey is not a warranty of condi on, express or implied, nor does it create
any liability on the part of the surveyor or his employers arising out of the reliance on the
informa on contained herein by third persons who are not par es to this survey.
Informa on furnished by others is assumed correct; the surveyor makes no warranty, as to
the correctness of informa on not capable of being confirmed readily by inspec on.
My compensa on is not con ngent upon the repor ng of a predetermined value or direc on
in value that favors the cause of the client, the amount of the value es mate, the a ainment
of a s pulate result, or the occurrence of a subsequent event. I have made a personal
inspec on of the vessel that is the subject of this report.
DISCLAIMER
The report could contain a statement describing which voluntary standards, if any, were used in repor ng the
surveyor's findings (ABYC, ISO, NFPA, ABS, etc.).These authori es have all been referenced as guidelines in the
conduct of this survey, but complete compliance with such standards was not assessed or guaranteed.
SURVEYOR'S CERTIFICATION
I cer fy that, to the best of my knowledge and belief:
The statements of fact contained in this report are true and correct.
The reported analyses, opinions and conclusions are limited only by the reported assump ons and limi ng
condi ons, and are my personal, unbiased professional analyses, opinions and conclusions.
I have no present or prospec ve interest in the vessel that is the subject of this report and I have no personal
interest or bias with respect to the par es involved.
My compensa on is not con ngent upon the repor ng of a predetermined value or direc on in value or direc on
in value that favors the cause of the client, the amount of the value es mate, the a ainment of a s pulated result
or the occurrence of a subsequent event.
I have made a personal inspec on of the vessel that is the subject of this report.
This report is submi ed without prejudice and for the benefit of whom it may concern.

Kenneth Andrade, SAMS® Associate Marine Surveyor

360 Marine - Signed and Submi ed on:07/21/2023

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Photos
Photos
APPENDI X

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Photos

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Photos

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