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Marine Log

May 29, 2007

LR and International Paint team up to support Chinese yards

Lloyd's Register and International Paint have teamed up to offer shipyards in China step-by-step advice on how to prepare to meet the requirements of the new Performance Standard for Protective Coatings (PSPC) as the industry looks to increase vessel safety and lifecycles by preventing corrosion.

The new partnership of classification society and paint company has been offering interested Chinese shipyards a free consultancy, or "gap analysis" survey. It compares the yards' current processes for coating water ballast tanks to those that will be required under the new PSPC regulations adopted late last year by the International Maritime Organization (IMO).

To date, Lloyd's Register and International Paint (IP) have completed "gap analyses" for four of China's biggest private and state-owned shipyards and have agreements in place to extend this service to many other yards in the country.

"The gap analysis we are jointly offering not only gives yards a clear strategy for meeting the challenges of this key regulatory development, it also gives them an idea of which areas need the greatest attention and, from there, the yards can start to calculate the extra costs involved before negotiating contracts with prospective buyers," says Nick Brown, Lloyd's Register's general manager, business development China. "Chinese yards in general have been reluctant to sign PSPC contracts before fully understanding these extra costs and so have proven keen to fully understand the impact of new regulations as they look to maintain their international competitiveness."

Many yards in Korea, for example, have already begun accepting PSPC-compliant contracts for new vessels. And while ships have yet to be built to the new PSPC regulations, some yard executives believe the process may add 10% to construction costs.

"This is a logical collaboration designed to help yards in China gain the most complete understanding of the new regulations," says Aidan Metcalfe, general manager of International Paint Shanghai. "The workshops also provide a very practical platform for the shipyards to consider their approach to managing the standard across the many functions which are affected. International Paint and Lloyd's Register see this as an opportunity to work more closely with our customers providing value beyond either paint supply or normal classification society activities."

Tripartite teams formed by Lloyd's Register, IP and the shipyard spend two days in each yard assessing the gap between current coating practices and PSPC requirements, which targets extending the coating lifecycle of vessels to 15 years.

Lloyd's Register and International Paint then jointly deliver a presentation to yard senior management and departmental managers. This is a key aspect of the analysis. The main objective is to help the yard understand that, to maximise shipbuilding efficiency, all departments (e.g. design, procurement, quality, steelwork, outfitting and production) need to consider the requirements of the PSPC, not just the paint department.

Following the presentation, a "gap analysis" report is issued to the yard. A joint commitment to revisit the yard as it develops its procedures, infrastructure and resources is made by Lloyd's Register and IP.

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