with lloyds bank lloyd s of london or lloyd s list . coordinates 51 30 45 n 0 04 44 w 51.51255 n 0.078804 w 51.51255 ; 0.078804 lloyd s register group limited type company limited by shares . sole shareholder is the lloyd s register foundation a uk registered charity . industry maritime and shipping energy management systems genre independent risk management organisation and classification society founded 1760 ; 256 years ago 1760 headquarters 71 fenchurch street london united kingdom number of locations worldwide area served global key people thomas thune andersen chairman alastair marsh ceo nick brown marine director john rowley managing director management systems and inspection services services classification risk management management systems certification revenue 1.03 billion 1 operating income 88 million profit 51 million owner independent number of employees 9 000 parent lloyd s register foundation uk registered charity 2 subsidiaries lrqa martec website www.lr.org lloyd s register group limited lr is a technical and business services organisation and a maritime classification society wholly owned by the lloyd s register foundation a uk charity dedicated to research and education in science and engineering . the organisation dates back to 1760 . its stated aims are to enhance the safety of life property and the environment by helping its clients including by validation certification and accreditation to ensure the quality construction and operation of critical infrastructure . historically as lloyd s register of shipping it was a specifically maritime organisation . during the late 20th century it diversified into other industries including oil and gas process industries nuclear and rail . through its 100 % subsidiary lloyd s register quality assurance ltd lrqa it is also a major vendor of independent assessment services including management systems certification for quality certification to iso9001 iso14001 and oshas18001 . lloyd s register is unaffiliated with lloyd s of london . in july 2012 the organisation converted from an industrial and provident society to a company limited by shares named lloyd s register group limited with the new lloyd s register foundation as the sole shareholder . at the same time the organisation gifted to the foundation a substantial bond and equity portfolio to assist it with its charitable purposes and it will benefit from continued funding from the group s operating arm lloyd s register group limited . contents 1 origin 2 the register 3 classification rules 3.1 lr s rules for ships 4 rules & regulations 5 location 6 influence in austria 7 references 8 external links origin edit the organisation s name came from the 17th century coffee house in london frequented by merchants marine underwriters and others all 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 caused them to publish a list each the red book and the green book . 3 this brought both parties to the verge of bankruptcy . agreement was reached in 1834 when they united to 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 register edit 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 in 2009 . classification rules edit the lloyd s register load line on the hull of the cutty sark 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 . 4 lr s rules for ships edit lr 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 . lr s rules govern a number of topics including materials used for construction of the vessel ship structural requirements and minimum scantlings depending on ship type operation and maintenance of main and auxiliary machinery operation and maintenance of emergency and control systems specific editions of the rules are available to cater for merchant ships naval ships trimarans special purpose vessels and offshore structures . 5 a ship is known as being in class if she meets all the minimum requirements of lr s rules and such a status affects the possibility of a ship getting insurance . class can be withdrawn from a ship if she is in violation of any regulations and does not maintain the minimum requirements specified by the company . however exceptional circumstances may warrant special dispensation from lloyd s register . any alteration to the vessel whether it is a structural alteration or machinery must be approved by lloyd s register before it is 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 load line survey due once every five years . such a survey includes an inspection of the hull to make sure that the load line has not been altered . numerous other inspections such as the condition of hatch and door seals safety barriers and guard rails are also performed . upon completion the ship is allowed to be operated for another year and is issued a load line certificate . clarification needed rules & regulations edit lloyd s register provide a list of rules and regulations to the public . list of regulations the rules and regulations for the classification of ships january 2016 the rules and regulations for the classification of special service craft the rules and regulations for the classification of naval ships january 2015 the rules for the manufacture testing and certification of materials rules for offshore units the rules for the classification of trimarans the rules and regulations for the construction and classification of floating docks the rules and regulations for the classification of natural gas fuelled ships rules and regulations for the classification of linkspans location edit lloyd s register building lloyd s register s main office is located in london at 71 fenchurch street . lloyd s register also maintains other offices globally including hong kong asia office and houston texas americas office . influence in austria edit in 1833 the sterreichischer lloyd austrian lloyd company was formed in the then austrian port city of trieste consciously modeling itself on the british company and seeking to publish a similar register . later it also became an important shipping line . references edit lloyd s register group review 2014 . lr.org . 2014 12 19 . retrieved 2015 02 15 . lloyd s register foundation michael palmer lloyd s register of shipping online read 29 october 2011 anchor certification hhp & shhp classification and type approval . petersmith.net.nz . retrieved 2012 01 31 . lloyd s register publications . lloyd s. september 2013 . retrieved 14 march 2014 . external links edit media related to lloyd s register of shipping at wikimedia commons official website lloyd s register foundation lloyd s registers scanned by google lloyd s register fairplay ltd. lloyd s register quality assurance iacs international association of classification societies retrieved from https en.wikipedia.org w index.php title lloyd % 27s register & oldid 732904516 categories classification societiesbusiness services companies 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