Petronas recognizes Russian Maritime Register of Shipping
Russian Maritime Register of Shipping (RS) is recognized by Petronas, one of the leading oil majors, as the service provider for Condition Assessment Program (CAP), RS said in its press release.
Recognition was granted upon the audit carried out by Petronas about the procedural and regulatory requirements of the RS CAP against the charterer’s vetting standards and acceptance criteria from the terminals.
CAP is a voluntary procedure commonly applicable to aged tankers and other shiptypes, which is considered as an independent assessment of the vessel’s overall condition as based on examination of the in-service records review, close-up inspections of hull, machinery, systems, equipment, etc., along with tests, measurements and structural analysis. All the findings resulting are documented into the summary report to comprehensively ground the CAP grade from 1 to 4 ranking the actual condition from ‘very good’ to ‘poor’ respectively.
CAP is also to certify that a vessel regardless of its age, if technically sound in maintenance and operational performance, may have grade 1 or 2 granted, for the parties concerned – charterers, underwriters, terminal authorities to approve for commercial use.
Established in 1913, Russian Maritime Register of Shipping (RS) is one of the leading classification societies. Recognised by the European Union. Member of IACS. The RS activity is aimed at enhancing high standards of maritime safety and minimising the negative impact of human activities on the environment through scientifically based risk assessment and risk management procedures.