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ABS reports strong performance in 2015

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LNG Industry,

During its recent annual meeting, ABS confirmed that the fleet of vessels that it classified in 2015 surpassed 230 million gross t, which was close to a 5% increase on the previous year.

ABS said that its largest areas of expansion came from the tanker, gas carrier, containership, bulk carrier, offshore support vessel, and offshore production unit sectors. In total, more than 841 new assets entered the ABS-classed fleet, bringing its total to 12 614 assets.

The ABS orderbook for 2015 saw a 15% y/y increase to 57.2 million gross t of vessels set to be classed by ABS. 2015 was also the second consecutive year of net positive class transfers for the classification society.

ABS Chairman, President & CEO, Christopher J. Wiernicki, said: “We had a solid performance in 2015, earning the top position in global orderbook share based on gross tonnage and confirming our strong relationships with owners and shipyards around the world […] Our continued growth shows that ABS is well-positioned for today and we are equally ready for tomorrow.”

During 2015, ABS provided approval for many new concepts such as a dual fuel bulk carrier design, innovative LNG containment systems, and an offshore LNG receiving, storage, regasification, and bunkering terminal.

During the meeting, Wiernicki also provided an overview of ABS’ Technology programme, which  is developing advanced technologies and practices to support the future of classification. In 2015, ABS participated in 43 joint development and industry research projects and 37 academic research partnerships as part of more than 150 technology projects. ABS published 64 new or updated Rules, Guides, Guidance Notes, and Advisories.

Edited from press release by

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