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[Music] the marine industry uses classification to regulate itself by verifying compliance with the rules developed by classification societies the independent verification of compliance with the rules is performed by the classification societies and includes the design and construction of merchant vessels and other marine structures and critical materials and equipment installed on board in order to maintain classification periodic surveys are performed during the lifetime of the vessel or a maritime structure to verify that it remains in compliance with the rules the benefits of obtaining a BS classification are responsible stewardship which can protect capital investment by the owner or operator and vessels that meet underwriting requirements ABS verifies that the vessel is built and maintained in accordance with classification rules and standards and published in the record of American Bureau of shipping engineers and surveyors use the ABS rules and guides during the classificatio
