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MEO CLASS 1 · ORAL QUESTION 58

VETTING N ITS GRADING SYSTEM

Answer

Vetting is a commercial risk-assessment process used by charterers, oil majors, terminals and cargo interests to decide whether a particular vessel/operator is acceptable for their business.

It is not a statutory survey and it is not a Class survey. A vessel can have valid statutory/class certificates and still fail a charterer’s vetting criteria.

What is checked during vetting?

Typical areas are:

Under SIRE 2.0, the inspection is increasingly risk- and human-factor based rather than simply a checklist. Questions can be Core, Rotational, Campaign or Conditional, and inspectors may identify a concern associated with hardware, process or human performance. 


Inspector Observation Assessment (SIRE 2.0 Framework)

Under OCIMF's digital SIRE 2.0 framework, every inspection uses a dynamic, algorithmically compiled questionnaire (CVIQ). Findings are graded and categorized across three distinct dimensions:

Nature of Observations Raised: When an inspector identifies a negative issue, it is categorized as a Negative Observation in the report and detailed via:

Does SIRE 2.0 have a grading system?

SIRE 2.0 itself does NOT give the vessel a simple numerical grade such as 1–5 or A/B/C. The SIRE inspection produces an inspection report containing observations and supporting information. The individual charterer/oil major then applies its own vetting criteria and decides whether the vessel is acceptable.