Protect Your Capital Investment

Financiers usually require that a vessel has been designed, built and maintained to appropriate classification standards.

Conform to Underwriting Requirements

Classification is generally mandated by insurance underwriters because it signifies that a vessel complies with industry-developed standards.

Exercise Due Diligence

Classification is one indication that the ship owner has exercised due diligence during the construction and service life of the vessel.

Demonstrate Proper Maintenance

To remain in class, a vessel must undergo periodic surveys to verify that it is maintained to class standards and in conformance with the Rules.

Comply with Statutory Requirements

The governing authorities in most nations have mandated that certain vessels entering into their registry be classed.