Lloyd’s Register, DYNAMARINe Launch Audit Scheme for STS Transfer Ops

October 21, 2025

Lloyd’s Register (LR) has entered into strategic collaboration with Greece-based DYNAMARINe to launch an independent auditing program aimed at improving the safety, transparency and performance of ship-to-ship (STS) transfer operations worldwide.

Under the new framework, LR’s auditors will assess STS service providers in line with standards set by the Oil Companies International Marine Forum (OCIMF) guidelines, while also reviewing risk data and operational records compiled by DYNAMARINe. The audit findings will be reviewed by DYNAMARINe, which will issue a final assessment and performance score for each provider.

© Igor Groshev / Adobe Stock
© Igor Groshev / Adobe Stock

The initiative is designed to create a consistent and trusted system for verifying the competence and reliability of STS operators and aligns with the updated OCIMF STS Guide, which calls for independent verification of service providers’ self-assessments.

The collaboration also seeks to reduce duplicate audits across the energy sector and pave the way for a standardized assurance model similar to the Ship Inspection Report Program (SIRE), tailored specifically for STS operations.

“By combining LR’s auditing expertise with DYNAMARINe’s recognized technical leadership, we are helping both energy companies and service providers operate with greater confidence, accountability and shared commitment to excellence,” said Ehud Bar-Lev, Business Development Manager at LR.

“Our collaboration with Lloyd’s Register reflects a shared vision to elevate safety and environmental responsibility in STS transfers. By working together, we can provide STS assurance to tanker operators and energy companies, while recognizing the efforts of providers who continuously strive to improve their standards,” added Alexandros Glykas, Managing Director of DYNAMARINe.

The agreement marks the first time a member of the International Association of Classification Societies (IACS) has been directly involved in auditing STS service providers. It underscores Lloyd’s Register’s broader strategy to expand its advisory and risk-management services into new operational areas requiring independent verification and assurance.

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