Next message: Ted Stehle: "Re: T&T: All operators of motorized pleasure craft in Canada to have their proof of competency by September 15, 2009."
ABS, Lloyds Register, BV, et al are organizations for classification of
vessel construction for insurance purposes, and even small boats may be
classified. A boat "built to class" will have periodic inspections while under
construction to assure quality and compliance with standards. A boat may also be
classified even though not built to standards. Periodic inspections are done by
the society's inspectors.
Insurance companies rely on these classifications to reduce risk and
therefore premiums are lower than they would be if inspected only by CG or
independent surveyors. This saves the owners a lot of money in premiums as well as
avoiding business disruptions. BTW, Lloyds is not connected to Lloyds of London.
It also makes the vessel more valuable, sort of like a pedigree. For
instance, because our boat's hull was designed as a commercial fishing vessel, we
understand she was built to "exceed Lloyds Class +100A1." However we do not
have a certificate which says so, and I don't know if my insurer considered
that. Perhaps Al Golden will comment if I put "Insurance" in the subject.
These firms rely upon the input of societies such as the Society of Naval
Architects and Marine Engineers, of which I was once a member, IEEE, ASTM, AWS,
etc. for the research that goes into development of their standards for
classification. Much of the USCG construction and equipment regs are rooted in
ABS rules.
Regards,
John
"Seahorse"
>Who creates standards for smaller commercial vessels - ABS and Lloyds?
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