16 March 2017
Russian Maritime Register of Shipping is recognized by Petronas
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).
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.
“We gratefully appreciate cooperating with Petronas as an excellent opportunity to go beyond the classification by providing independent CAP services to tanker operators, with our expert strengths and capabilities to meet the oil&gas industry’s demands”, Konstantin Palnikov, Director General said.
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.