What is that letter? I hope it's not a 'professional' survey.
The meter readings would indicate to me that there is no evidence of high moisture in the hull. HOWEVER, I do not know the competency of the data gatherers. Certainly it is for them to make a statement as to the condition of the hull. Moisture meter readings are only an indication to the Surveyor as to whether further investigations are required. They are not a result on their own.
If that is from a professional survey then the surveyor should be able to give you an interpretation of what it means in relation to that particular boat.
As it is an old survey and presumably not commissioned by you, whatever is in it is of limited value anyway. If you are thinking of buying the boat then it's current condition is more important than what it was like 3 years ago.
From the previous url:
To the client receiving a Marine Survey Report reading references to % H2O or Relative figures can be meaningless
and confusing. The survey should provide further definition on what the readings mean and what the prognosis is;
which will be based upon the evidence available at the time of the survey.
Where there are visible physical indications of problems then these will help the surveyor with the conclusions of the
report, but where there no visible evidence of a problem and high moisture meter readings are obtained, then these
will require careful interpretation. In such cases for a Surveyor to provide meaningful interpretations, then the service
history is particularly relevant, especially if previous remedial work, or preventative coatings, have been undertaken.
Where there are unexplained high readings the recommendation should be that they are investigated further.
Internal metal fixings, tanks, chain lockers, internal condensation etc may produce misleading readings especially
from electronic meters with a “deep” function that penetrates through the hull.
However, a yacht that has been out of the water for an extended drying out period may produce consistently low
moisture readings, suggesting no further disruptive examination is necessary, but could then become susceptible
once back in the water.
Regardless of the reading obtained it would be unwise to decide whether a yacht requires treatment, or no treatment,
based solely upon moisture meter readings alone. Where there is concern then a qualified surveyor should be used
to evaluate the readings in conjunction with all the other information and factors that are available.
It seems that what is written down equates to meter readings & I don't know of any meter that shows percentage moisture content. A good surveyor would show "calibrated readings related to moisture content" in order that you can make sense of it. As a general statement GRP can only hold circa 7% moisture, so suggestions of 18% should be treated with more than just suspicion.
Most meters will read circa 5 for a totally dry surface, moving to circa 30 for a saturated surface - interpolation & interpretation are therefore necessary. Some meters have a different scale but work in the same manner. The type of meter should be specified in the survey.
For most meters reading of 16-18 would indicate the presence of absorbed moisture but, cannot predict that this will become osmotic, as very often it will not. By the way, osmosis is only the process by which moisture is absorbed, the damage is actually caused by hydrolysis if the moisture finds something to dissolve or absorb.