

#63 Idwal - Turning Ship Inspections into Strategic Currency. Interview with Frank Andersen
How do you turn a ship inspection into a powerful decision-making tool?
In this episode, I speak with Frank Andersen, Head of Transaction Services at Idwal, about how their standardized inspection system has become a benchmark for condition-based decision-making in the global shipping market.
Frank explains:
How Idwal’s grading system transforms physical inspections into data-driven asset evaluations
Why consistency, comparability, and standardization are now critical in sale & purchase markets
The rising importance of “management grades” and crew welfare in long-term asset value
How geopolitical uncertainty impacts transaction activity — and how shipping adapts
Why financiers, insurers, and shipowners rely on third-party inspections to de-risk operations and investment
With 12,000+ unique vessels inspected and a rapidly growing data set, Idwal is shaping how quality is defined, measured, and priced in shipping. Whether you're in technical management, finance, or maritime tech — this is an episode that maps the operational edge of modern shipping intelligence.