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Monday, July 16, 2018

IACS ACCEPTANCE OF CONDITIONS OF CLASS

IACS has recently sent a message to OCIMF and INTERTANKO expressing strong concern that Oil Companies are refusing to charter ships on the basis that these tankers are subject to Conditions of Class, regardless of the due date.

IACS feels that such a move impacts upon the confidence in the Class Certificate, the Class concept and upon the safety standards.

IACS sees some serious possible consequences if this becomes a routine practice. Class believes that if no postponement to repairs or adjustments is permitted, some of such items might cease to be reported.. IACS believes that this new tendency undermines the transparency of information within the industry and that avoiding reports on outstanding items would impeach the safety and quality standards on tankers. IACS concludes by requesting OCIMF and INTERTANKO to assist in discouraging the practice of using Conditions of Class which are not overdue as a filtering mechanism rendering tankers ineligible for charter.

Although INTERTANKO entirely agrees with the IACS message, it is possible that IACS and Classification Societies may have contributed themselves to this ambiguous situation whereby the Class Certificate and the Condition of the Class are questioned by charterers. INTERTANKO strongly supports the Class concept and it would very much wishes to see a strong IACS. But it is primarily up to the IACS Members to gain full credibility for their certificates. For further information

, please contact dragos.rauta@intertanko.com