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Not to be confused with Lloyds Bank or Lloyd's of London.
The Lloyd's Register Group is a maritime classification society and independent risk management organisation providing risk assessment and mitigation services and management systems certification. Historically, as Lloyd's Register of Shipping, it was a specifically maritime organisation. In the late 20th century, it diversified into other sectors, including oil & gas, process industries, nuclear and rail. Through its 100% subsidiary LRQA it is also a leading provider of management system certification to ISO9001, ISO14001 and OSHAS18001.
[edit] OriginLike the famous international insurance market, Lloyd's of London, Lloyd's Register owes its name and foundation to the 17th century coffee house in London frequented by merchants, marine underwriters, and others, all connected with shipping. The owner, Edward Lloyd, helped them to exchange information by circulating a printed sheet of all the news he heard. In 1760, the Register Society was formed by the customers of the coffee house. Other than this historical connection, Lloyd's Register is unrelated to Lloyd's of London. [edit] The RegisterThe Society printed the first Register of Ships in 1764 in order to give both underwriters and merchants an idea of the condition of the vessels they insured and chartered: ship hulls were graded on a lettered scale (A being the top), and ship's fittings (masts, rigging, and other equipment) was graded by number (1 being the top). Thus the top classification was "A1", from which the expression A1, or A1 at Lloyd's, is derived, first appeared in the 1775–1776 edition of the Register. Since 1880, the Register, with information on all sea-going, self-propelled merchant ships of 100 gross tonnes or greater, has been published annually by the joint venture company of Lloyd's Register - Fairplay.[2] It was formed in July 2001 by the merger of Lloyd's Register's Maritime Information Publishing Group and Prime Publications Limited. A vessel will remain in the Register until something happens to her; for example if she is sunk, wrecked, broken up, hulked, scrapped, etc. [edit] Classification Rules
Lloyd's Register provides quality assurance and certification for ships, offshore structures and shore-based installations such as power stations and railway infrastructure. However, Lloyd's Register is best known for the classification and certification of ships, and inspects and approves important components and accessories, including life-saving appliances, marine pollution prevention, fire protection, navigation, radio communication equipment, deck gear, cables, rodes, and anchors.[3] [edit] Lloyd's Rules for ShipsLloyd's Rules for ships are derived from principles of Naval Architecture and Marine Engineering, and govern safety and operational standards for numerous merchant, military and privately-owned vessels all around the world. Lloyd's Rules govern a number of areas including:
Specific editions of the rules are available to cater for merchant ships, naval ships, trimarans, special purpose vessels and offshore structures[4]. A ship is known as being in class if it meets all the minimum requirements laid down by Lloyd's Rules, and such a status affects the possibility of a ship managing to get insurance. Class can be withdrawn from a ship if it is in breach of any regulations and does not uphold the minimum requirements set down by the company. However, exceptional circumstances may warrant special dispensation from Lloyd's Register. Any alterations to the vessel, whether it is a structural alteration or machinery, must be approved by Lloyd's Register before it can be implemented. Ships are inspected on a regular basis by a team of Lloyd's Register surveyors, one of the most important inspections being a ship's annual Load Line Survey. Such a survey includes an inspection of the hull to make sure that load line has not been altered in any way. Numerous other inspections such as the condition of hatch and door seals, safety barriers and guard rails are also carried out. Upon completion the ship is allowed to carry on for another year before requiring another survey, and is issued a Load Line Certificate. [edit] LocationLloyd's Register's main London office is located at 71 Fenchurch Street. Lloyd's Register maintains a network of offices globally, including Hong Kong (Asia Office) and Houston, Texas (Americas Office). [edit] External links
[edit] References
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