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How does vetting work?

Updated: 9/27/2023
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Ship/vessel vetting is the process by which a charterer determines whether a vessel is suitable to be chartered, based on the information available to it. Ports, terminals, insurers and other maritime industry operators also vet ships to identify and manage risks, and many shipowners and ship managers use ship vetting services to monitor information about their own vessels. Unlike certification or classification, vetting is a private, voluntary system operators may opt to use to help them choose a particular vessel from among all of the certified vessels available, and to manage their risks. Vetting in its current form first appeared in 1993, when the Ship Inspection Report (SIRE) database was created for use by oil companies. For each voyage, the vetting department assesses the vessel to be used, relying in particular on inspection results.