Why is ship vetting important?
Managing risk is about weighing up reliable information and making sound decisions. Given the scale of risk in marine operations, it makes sense to “vet” – get all the relevant information you can – about a ship you are considering using, or asked to accept. The more reliable and comprehensive the information, the more useful the vetting process – and the faster and better designed the vetting process, the more useful it is in commercial decision-making.