 | |
 Headquarters of Lloyd's Register | |
| Company type | Private company limited by shares |
|---|---|
| Industry | Maritime and shipping |
| Genre | Classification society |
| Founded | 1760 |
| Headquarters | 71 Fenchurch Street, London , United Kingdom |
Area served | Global |
Key people |
|
| Services | Classification |
| £18 million | |
| Owner | Independent |
Number of employees | 3,600 |
| Parent | Lloyd's Register Foundation, UK registered charity[1] |
| Subsidiaries |
|
| Website | lr |
Lloyd's Register Group Limited, trading as Lloyd's Register (LR), is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. The organisation dates to 1760. Its stated aims are to enhance the safety of life, property, and the environment, by helping its clients (including by validation, certification, and accreditation) to improve the safety and performance of complex projects, supply chains and critical infrastructure.
In July 2012, the organisation converted from an industrial and provident society to a company limited by shares, named Lloyd’s Register Group Limited, with the new Lloyd’s Register Foundation as the sole shareholder. At the same time the organisation gave to the Foundation a substantial bond and equity portfolio to assist it with its charitable purposes. It will benefit from continued funding from the group’s operating arm, Lloyd’s Register Group Limited.
In 2020, Lloyd's Register sold its Energy business[2] and in 2021 sold its Business Assurance & Inspection Services division.[3] In 2022, LR acquired OneOcean Group, a marine software and digital services company, to head up a new digital services division.[4]
Lloyd's Register is unaffiliated with Lloyd's of London,[5] but emerged from the same professional and social circles that historically met at Lloyd's Coffee House, from which both organisations took their name.
- ^ "Lloyd's Register Foundation". Lloyd's Register Foundation. Retrieved 29 December 2022.
- ^ "Lloyd's Register announces sale of Energy business". Lloyd's Register. Retrieved 12 April 2022.
- ^ "Lloyd's Register to focus growth strategy on maritime industry with expanded role and broader service offering". Lloyd's Register. Retrieved 12 April 2022.
- ^ "LR Adds to Digital Portfolio With Acquisition of OneOcean". The Maritime Executive. Retrieved 10 February 2023.
- ^ "Are you the same as Lloyd's of London?". Lloyd's Register. Retrieved 14 December 2017.