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2015-09-14

ABS: New IACS Chairman to Focus on Goal-Based Standards, Cyber System Safety and Quality

ABS CEO Pledges to Support Three Areas Crucial to Industry as it Tackles Current Challenges With an Eye to the FutureLONDON, Sept. 14, 2015 (GLOBE NEWSWIRE) -- ABS Chairman, President and CEO
Christopher J Wiernicki has set out his priorities as incoming IACS chairman,
emphasizing the unique role the organization plays in promoting global safety
and security.

The IACS strategic plan has been designed to address both the current and
future needs of the shipping industry by focusing on three key areas:
structural, machinery and cyber system integrity.

"By focusing on these three legs of the safety stool, I believe we can build
on IACS' recent achievements and set out an agenda that addresses existing
and emerging challenges," Wiernicki says. "My priorities for 2015-2016 strike
a balance between the completion of ongoing projects and the need to look
forward and formulate the next generation of IACS guidelines, unified and
procedural requirements."

In the coming year, Wiernicki's focus areas also include ensuring a smooth
completion of the initial round of audits for the IMO Goal-Based Standards
process.

He will also advance the creation of a cyber-system safety framework that
addresses control systems, software quality assurance, data integrity and
cyber security, enhancing the initiative that was commenced in 2014.

Wiernicki will further seek to ensure that the IACS Quality System
Certification Scheme (QSCS) remains the 'gold standard' for classification
society performance.

Wiernicki, who assumed the role of IACS Chairman at the end of the 71st
session of the IACS Council in Paris on July 2, 2015, singled out the
importance of IACS in supporting the industry at a time when more stringent
regulatory requirements are being formulated and implemented.

"IACS' relationships, extensive technical knowledge, experience and
independence place it in a unique position to work with regulators and
industry," he says. "IACS will continue to reach out and strengthen
relationships with all parties, continuing to demonstrate that its commitment
to safety, quality and environmental protection are more important than
ever."

About IACS
Dedicated to safe ships and clean seas, IACS makes a unique contribution to
maritime safety and regulation through technical support, compliance
verification and research and development. More than 90% of the world's cargo
carrying tonnage is covered by the classification design, construction and
through-life compliance Rules and standards set by the twelve Member
Societies of IACS. Visitwww.iacs.org.ukto learn more.

Robert Ashdown, Secretary General
robertashdown_pvt@iacs.org.uk

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ABS via Globenewswire

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