The Lloyd's Register Group is a maritime classification society and independent risk management organisation providing risk assessment and mitigation services and management systems certification. Historically, as Lloyd's Register of Shipping, it was a specifically maritime organisation. In the late 20th century it diversified into other sectors, including oil & gas, process industries, nuclear and rail. Through its 100% subsidiary LRQA it is also a leading provider of management system certification to ISO9001, ISO14001 and OSHAS18001.
Other than this historical connection, Lloyd's Register is unrelated to Lloyd's of London.
Since 1880, the Register, with information on all sea-going, self-propelled merchant ships of 100 gross tonnes or greater, has been published annually by the joint venture company of Lloyd's Register - Fairplay. It was formed in July 2001 by the merger of Lloyd's Register's Maritime Information Publishing Group and Prime Publications Limited.
A vessel will remain in the Register until something happens to her; for example if she is sunk, wrecked, broken up, hulked, scrapped, etc.
Lloyd's provides quality assurance and certification for important ship's components and accessories, including life-saving appliances, marine pollution prevention, fire protection, navigation, radio communication equipment, deck gear, cables, rodes, and anchors.