GL – classed fleet grows by 8% in 2003

The total fleet of merchant ships classed with Germanischer Lloyd (GL) increased by 8% in 2003, to 44.1 million gt. To assist with the growing workload, the classification society increased its staffing levels by almost 9%, to 2,148 employees.

The fleet growth rate matches the figure the classification society had planned to achieve at the start of 2003 and marks another strong year of expansion for GL. Over the last seven years the society has achieved an average annual growth in its classed fleet of 10% in tonnage terms. This is the highest rate of all the members of the International Association of Classification Societies (IACS) over the period.