A1 At Lloyd's
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A1 At Lloyd's
Lloyd's Register Group Limited, trading as Lloyd's Register (LR), is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. The organisation dates to 1760. Its stated aims are to enhance the safety of life, property, and the environment, by helping its clients (including by validation, certification, and accreditation) to improve the safety and performance of complex projects, supply chains and critical infrastructure. In July 2012, the organisation converted from an industrial and provident society to a company limited by shares, named Lloyd’s Register Group Limited, with the new Lloyd’s Register Foundation as the sole shareholder. At the same time the organisation gave to the Foundation a substantial bond and equity portfolio to assist it with its charitable purposes. It will benefit from continued funding from ...
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Classification Society
A ship classification society or ship classification organisation is a non-governmental organization that establishes and maintains technical standards for the construction and operation of Shipping, ships and Offshore platform, offshore structures. Classification societies certify that the construction of a vessel complies with relevant standards and carry out regular surveys in service to ensure continuing compliance with the standards. Currently, more than 50 organizations describe their activities as including marine classification, twelve of which are members of the International Association of Classification Societies. A classification certificate issued by a classification society recognised by the proposed ship registration, ship register is required for a ship's owner to be able to register the ship and to obtain marine insurance on the ship, and may be required to be produced before a ship's entry into some ports or waterways, and may be of interest to charterers and pote ...
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