Private company

American Bureau of Shipping

Logo: https://eagle.org/common/images/abs-logo-black.jpg, Non-free logo, via Wikipedia4

American maritime classification society established in 1862

The American Bureau of Shipping (ABS) is an American maritime classification society established in 1862. Its stated mission is to promote the security of life, property, and the natural environment, primarily through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets. ABS's core business is providing global classification services to the marine, offshore, and gas industries.2 It employed 5,500 people.1 It is part of ABS Group of Companies, Inc.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1862Founded1
  • Industrywater transport1
  • HeadquartersSpring, United States1
  • Websiteww2.eagle.org
  • Legal form501(c)(6) organization1
  • Kind of organizationNonprofit organization1
  • LEI549300IZD34FIG7DKF253
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address80 STATE STREET, 12207 Albany, United States3
  • Registered withCorporation and Business Entity Database (Division of Corporations, State Records and UCC, Department of State), 1553

The American Bureau of Shipping (ABS) is an American maritime classification society established in 1862. Its stated mission is to promote the security of life, property, and the natural environment, primarily through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets.2

Corporate structure

American Bureau of Shipping sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • American Bureau of Shipping Albany, New York, United States
    • American Bureau of Shipping (London) Subsidiary · United Kingdom
    • AMERICAN BUREAU OF SHIPPING Branch · Albany, New York, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

ABS was first chartered in the state of New York in 1862 as the American Shipmasters’ Association (ASA) to certify qualified ship captains, or shipmasters, for safe ship operations during the Civil War. While ASA's certificates were not an official requirement for shipmasters, the certificate served as a recommendation for shipowners. Vessels that sailed with a certified ASA shipmaster were more likely to find favorable insurance coverage.

The ASA published its first technical standards, Rules for Survey and Classing Wooden Vessels, in 1870. In the late 19th century, wooden ships became obsolete and gave way to iron as a shipbuilding material. In response, ASA published its first Rules for Survey and Classing of Iron Vessels in 1877. Similarly, when iron gave way to steel, ABS Rules for Building and Classing Steel Vessels were established and published in 1890. These Steel Vessel Rules continue to be revised and published annually.

The ASA continued its program of certifying shipmasters until May 1900. By this time, federal law required that the United States government license most sea officers. As its business shifted from the certification of shipmasters to the classification of ships, the American Shipmasters’ Association renamed itself the American Bureau of Shipping in 1898. ABS would achieve modest growth over the next few years, classing 21% of all U.S.-flag fleet by 1916. During World War I, the U.S.-flag fleet swelled with newly acquired ships as well as newly constructed or refurbished vessels. ABS received a large amount of this class work, and the total tonnage classed by ABS increased from approximately 230,000 tons in 1916 to 3,301,000 tons in 1919. A similar effect occurred during the Second World War as ABS tonnage in the class jumped from 1.53 million gross tons in 1940 to 5.49 million gross tons in 1941.

As postwar recovery led to industrialization around the world, ABS entered a period of global expansion and soon opened offices in Western Europe, Africa, Asia, and South America. By 1962, ABS class tonnage has increased to 46,533,852 tons worldwide. ABS’ aggregate tonnage hit a record of 193.5 million gross tons in 2012. ABS also strengthened its ties with the U.S. government by providing services to numerous government organizations such as the U.S. Navy, the U.S. Coast Guard, Military Sealift Command, the U.S. Maritime Administration, the Army Corps of Engineers and the National Oceanic and Atmospheric Administration.

World Trade Center

ABS operated a New York office at the 91st floor of the One World Trade Center until September 11, 2001. While all employees of the company in the 91st floor office escaped the building collapse, none of the employees present at 92nd floor or higher survived.

From Wikipedia’s article on American Bureau of Shipping, shared under CC BY-SA 4.0.5

Products and brands

Classification

The primary responsibility of ABS as a classification society is to verify that ABS-classed ships and marine structures comply with the established ABS Rules for design, construction, and periodic survey. If a vessel is found not to comply with the Rules, and the recommendations of ABS are not followed, then the society will suspend or cancel classification. ABS Rules are derived from principles of naval architecture, marine engineering, and associated disciplines.

For vessels built to ABS class, ABS engineers must approve the vessel design during engineering review. After design approval, ABS field surveyors attend to the vessel from keel laying to delivery at the shipyard. During the construction of a vessel built to ABS class, surveyors witness the tests of materials for the hull and specific machinery items as required by the Rules. They also survey the building, installation, and testing of the structural and principal mechanical and electrical systems.

Rules and guides

ABS provides a database of its rules and guides to the public.

Offshore and energy services

ABS also develops standards for the design, construction, and operational maintenance of offshore drilling and production units and gas carriers of all types. These standards cover mobile offshore drilling units (such as jackup rigs, semisubmersible rigs, and drill ships), floating offshore production installations (spars, tension leg platforms, semisubmersibles, and FPSOs/FSOs), fixed offshore installations, pipelines, risers, and single point moorings. ABS was responsible for classing the first mobile offshore drilling unit, the first production spar, the first semisubmersible offshore wind turbine and the first offshore support vessel in the Gulf of Mexico to use hybrid power.

Read the full text

Statutory services

ABS also acts as a Recognized Organization on behalf of more than 100 governments. A Recognized Organization is authorized by a flag State to conduct plan review and statutory surveys on ships registered under that flag on behalf of the nation's maritime administration. Typical regulations include the U.S. Code of Federal Regulations (CFR), SOLAS, MARPOL regulations, and the International Convention on Load Lines. In addition to the national or international tonnage certificates, Panama and Suez Canal tonnage certificates can be issued by ABS on behalf of those authorities.

From Wikipedia’s article on American Bureau of Shipping, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

  • ABS Group of Companies, Inc

Subsidiaries

  • American Bureau of Shipping (London)

From Wikidata.1

Timeline

  1. 1862Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$584.2M 2008–2026
Without federal contracts$21.3M 2021–2026
Without federal contractsWithout federal contracts, 2021–2026: $21.3M in all. Federal grants $21.3M.$0$2.5M$5M$7.5M$10M2021 · Federal grants: $1.9M20212022 · Federal grants: $2.2M2023 · Federal grants: $3.7M20232024 · Federal grants: $2.5M2025 · Federal grants: $2.8M20252026 · Federal grants: $8.2M2026
Figures by year
YearFederal grantsFederal contractsTotal
2026$8.2M$21.2M$29.5M
2025$2.8M$43.8M$46.5M
2024$2.5M$30.9M$33.5M
2023$3.7M$28.1M$31.8M
2022$2.2M$26.4M$28.5M
2021$1.9M$26.1M$28.0M
2020–$24.6M$24.6M
2019–$21.6M$21.6M
2018–$21.9M$21.9M
2017–$17.7M$17.7M
2016–$15.7M$15.7M
2015–$35.8M$35.8M
2014–$27.9M$27.9M
2013–$31.4M$31.4M
2012–$42.3M$42.3M
2011–$39.2M$39.2M
2010–$45.7M$45.7M
2009–$41.4M$41.4M
2008–$21.2M$21.2M

Federal awards

Obligated amounts from USAspending.gov6, by calendar year, 2008–2026, for 9 registered units, including subsidiaries under the same parent. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Jan 10, 2024$11.9M from Maritime Administration: Air Emissions And Energy Initiative7 To AMERICAN BUREAU OF SHIPPING Award 693JF72450011
  2. Jan 1, 2024$2.6M from Department of Energy: Advanced Research Projects Agency - Energy8 To AMERICAN BUREAU OF SHIPPING Award DEAR0001700
  3. Nov 18, 2022$1.0M from Maritime Administration: Air Emissions And Energy Initiative9 To AMERICAN BUREAU OF SHIPPING Award 693JF7350001
  4. Jun 1, 2021$993.6K from National Institute of Standards and Technology: Measurement And Engineering Research And Standards10 To AMERICAN BUREAU OF SHIPPING Award 70NANB21H038
  5. Sep 1, 2023$600.6K from Centers for Disease Control and Prevention: Occupational Safety And Health Program; Strengthening Public Health Systems And Services Through National Partnerships To Improve And Protect The Nation’S Health11 To AMERICAN BUREAU OF SHIPPING Award U01OH012571
  6. Sep 1, 2026$587.2K from Centers for Disease Control and Prevention: Occupational Safety And Health Program12 To AMERICAN BUREAU OF SHIPPING Award U01OH012889
  7. Oct 1, 2024$501.5K from Bureau of Ocean Energy Management: Bureau Of Ocean Energy Management (Boem) Environmental Studies (Es)13 To AMERICAN BUREAU OF SHIPPING Award M24AC00021
  8. Jun 12, 2026$500.0K from Maritime Administration: Maritime War Risk Insurance14 To AMERICAN BUREAU OF SHIPPING Award 693JF72650003

Largest contracts

  1. Apr 1, 2022$78.1M from Department of the Navy: N102c/n7 t.lewis abs regulatory services15 To AMERICAN BUREAU OF SHIPPING Award N3220522C4029
  2. Sep 12, 2012$53.9M from Office of Procurement Operations: Subject matter expert support cotr: sophia young16 To ABSG CONSULTING INC Award HSHQDC12F00108
  3. Apr 1, 2017$44.0M from Department of the Navy: Igf::ot::igf n102b horner - abs surveys and technical services contract17 To AMERICAN BUREAU OF SHIPPING Award N3220517C2000
  4. Mar 19, 2018$32.1M from Office of Procurement Operations: Nppd/ip/iscd and pscd (idr) tas: 70-0566 or n/a spid: 12-18-007/06-18-008 subject matter expertise support services - the purpose of this p18 To ABSG CONSULTING INC Award 70RNPP18FR0000011
  5. Sep 18, 2008$21.4M from Office of Procurement Operations: Subject matter expertise support to dhs nppd iscd.19 To ABSG CONSULTING INC Award HSHQDC08F00157