Lloyd’s Register certified

Lloyd’s Register certified

About Lloyd’s Register
The organisation was named after a 17th-century coffee house in London that was frequented by merchants, marine underwriters, and others, all men associated with shipping. The coffee house 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 who assembled the Register of Shipping, the first known register of its type. Between 1800 and 1833, a dispute between shipowners and underwriters resulted in each group publishing a list—the “Red Book” and the “Green Book”. Both parties came to the verge of bankruptcy. They reached agreement in 1834 to unite and form Lloyd’s Register of British and Foreign Shipping, establishing a General Committee and charitable values. In 1914, with an increasingly international outlook, the organisation changed its name to Lloyd’s Register of Shipping
The 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 by a lettered scale (A being the best), and ship’s fittings (masts, rigging, and other equipment) were graded by number (1 being the best). Thus the best classification “A1”, from which the expression A1 or A1 at Lloyd’s is derived, first appeared in the 1775–76 edition of the Register
The Register, with information on all seagoing, self-propelled merchant ships of 100 gross tonnes or greater, is published annually. A vessel remains registered with Lloyd’s Register until she is sunk, wrecked, hulked, or scrapped
The Register was published formerly by the joint venture company of Lloyd’s Register – Fairplay, which was formed in July 2001 by the merger of Lloyd’s Register’s Maritime Information Publishing Group and Prime Publications Limited. Lloyd’s Register sold its share of the venture to IHS Markit in 2009
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 known best 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, ropes, and anchors