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Class Society means Classification society, A classification society (however called) is a non-governmental organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures.
Classification societies validate and report that construction of a vessel is in accordance with relevant standards and carry out regular surveys in service to ensure continuing compliance with the standards.
Currently, more than 50 organizations describe their activities as including marine classification, twelve of which are members of the International Association of Classification Societies. (IACS)