Vetting Policy

Idemitsu Ship Vetting Service

The Idemitsu Ship Vetting Service was set up on 1st October 1993 in Idemitsu Tanker Co.,Ltd.

The our system is supported not only by the vetting companies such major oil companies but also other technical/marine-technical staff of the company, persons in charge of oil trading of Idemitsu group, Berth Masters of refineries and sea berths, and Idemitsu ship inspectors in Japan and several foreign countries. The Idemitsu Ship Vetting Service Team is managing this whole system as the center of control.

Vetting Policy

The following vessels (oil/chemical/LPG tankers) are checked by the Idemitsu Ship Vetting Service every time they are nominated for Idemitsu business:

  • The vessel which will be chartered by Idemitsu.
  • The vessel which will call at Idemitsu terminal(s)
  • The vessel which will carry Idemitsu cargoe (s)

Idemitsu Vetting

Criterion for judgment is made based upon internal vetting criteria of Idemitsu, taking account of all available information including ship inspection reports (of Idemitsu Tanker or other OCIMF SIRE members), terminal feedback, information on the market such as Lloyd's Fairplay data, Port State Control information, Equasis data and owner's/operator's assessment. Ship's physical conditions (ship's age, mooring facilities, parallel body length, etc.) are also taken into consideration.

The our system attaches much importance to Idemitsu inspections. It is carried out by Idemitsu's experienced inspectors and obtain extra information such as detailed comments and evaluation, that are not seen in SIRE reports, However, Idemitsu recognizes that the membership's mutual trust in SIRE reports is also necessary to avoid unreasonable overlap of inspections.

SIRE reports are treated as one of the most important basis of judgment in the Idemitsu Vetting.

The final vetting decisions are made by the Idemitsu Ship Vetting Service. However, the following vessels are left out from its consideration unconditionally:

  1. The vessel that has deficiencies noted in ship inspection report(s) of Idemitsu or other SIRE member(s) with no comments of owner / operator of them.
  2. The vessel that has deficiencies pointed out by the Berth Master(s) of Idemitsu terminal(s) in writing, directly to the vessel or sometimes by way of the Ship Vetting Service to owner/operator, and no information of rectification has been provided by owner/operator to Idemitsu.

Vetting service in progress
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