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IACS Issues Report on Prestige

Maritime Activity Reports, Inc.

January 31, 2003

The IACS Quality Committee has formally presented to IACS Council its final report on the ad hoc audit of ABS survey procedures as they relate to the loss of the tanker Prestige. The audit was conducted by the IACS Quality Secretary supported, as needed, by two senior, experienced IACS auditors. At the request of ABS, IACS agreed that observers from the IMO, the European Union, the Bahamas Maritime Administration and Intertanko accompany the auditors. The audit team visited the ABS Headquarters, and the shipyards and ABS offices in Dubai and China that conducted the previous annual and special surveys respectively on the vessel. In addition to a comprehensive review of all files and documentation relating to these surveys, the audit team also interviewed the attending surveyors and, where appropriate, shipyard personnel. The terms of reference that governed the IACS Quality audit were threefold. They were to establish whether or not the Prestige was surveyed by ABS in accordance with the Rules and Regulations and with the statutory requirements and International Conventions related to the Certificates issued by ABS on behalf of the Flag Administration.

Second to establish whether or not ABS complied with the IACS Quality System Certification Scheme requirements, reference documents, IACS Code of Ethics and Procedural Requirements during the preparation and performance of the surveys. Third to recommend to IACS Council any changes that need to be made to current established practices of maintaining existing oil tankers in class, with the object of furthering IACS' stated commitment to safety of life at sea and the protection of the environment. IACS Council will now assess the findings contained in the report. Council is not aware of any so-called "loopholes" in the relevant requirements that would compromise the effectiveness of a field survey.

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