Classification in the context of a shipping company generally refers to the system used to categorize and classify ships, cargo, or other elements of shipping in order to ensure safety, regulatory compliance, and efficient operations. The concept is applied to a variety of areas within the shipping industry, including vessel classification, cargo classification, and industry standards for safety and operation.
Here’s a breakdown of the main types of classification within a shipping company:
1. Vessel Classification
Definition: This refers to the classification of ships according to their design, structure, and compliance with safety and environmental regulations. Classification societies like Lloyd’s Register, the American Bureau of Shipping (ABS), and DNV GL provide standards for ships, ensuring they are built and maintained to meet safety and operational requirements.
