- A form of assurance for shippers and underwriters requested to insure a maritime risk.
- Enable shippers and underwriters to distinguish good risks from bad.
Ship are classified to ensure:
- Design is to a recognised standard.
- Construction is to a recognised standard.
- Maintenance during its life is to a recognised standard.
- Value for money.
- Favorable insurance rates
- Acceptable Charter arrangements.
And….in conjunction with proper care and conduct on the part of the ship owner and operators, will provide for:
- the structural strength of (and where necessary the watertight integrity of) all essential parts of the hull and its appendages,
- the safety and reliability of the propulsion and steering systems, and those other features and auxiliary systems which have been built into the ship in order to establish and maintain basic conditions on board,
The 3 basic stages of Classification
- Plan Approval.
- Surveys During Construction.
- Periodical Surveys After Construction.
Process of classification –
- Builder submits plans for approval to owner specified class
- Plans for approval as per class rules
- A surveyor is in attendance during construction to inspect materials and workmanship.(based on approved plans and rules)
- Upon satisfactory completion of surveys and sea trials, a certificate of class(hull and machinery), is issued and kept on board.(upon approval by Classification Committee)
- Particulars of ship entered in class register and one or more character symbols assigned to it.e.g: *100A1