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Our history

Lloyd’s Register Foundation was set up in 2012, but it is the product of an organisation with a long tradition of public benefit, Lloyd’s Register.

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It started with a cup of coffee

Lloyd’s Register (LR) began as The Society for the Registry of Shipping in 1760. In that year, 11 men met in Edward Lloyd’s coffee house to talk about publishing a list of ships, a register to define their quality and safeguard life and property carried on them. 

Much of LR’s history, including its origins, has been preserved in the organisation’s Archives which contain over 1.1million digitised and catalogued assets including ship plans and surveys. This includes the very early volumes of Lloyd’s Register of Ships. Dating from 1764, by the 1870s, these early records hold details of merchant vessels over 100 gross tonnes, which were self-propelled and sea-going, regardless of classification. These volumes became the ‘universal standard’ of shipping information. 

Information in the Archives is available to the public and has been used by researchers from a variety of disciplines including maritime, business, engineering, genealogy and linguistics to inform research projects and programmes on maritime heritage. The Heritage Centre which houses the Archives also commissions its own research to enable us and wider society to learn from the past. 

For example, in 2022, the Heritage Centre commissioned independent academic research into LR’s involvement with the transatlantic trade of enslaved African people. You can read more about this research and the work we are doing in response to these findings here 

Lloyd's Register Foundation

Much has changed in the world since in 1760. In the years since then, Lloyd’s Register has applied its expertise across the maritime and energy sectors, helping to make the world a safer place. 

In 2004, the organisation set up The Lloyd's Register Educational Trust (LRET) to fund advances in transportation, science, engineering and technology education, training, and research worldwide for the benefit of all. The LRET was wholly funded by Lloyd's Register.

Then in 2012, the LRET evolved into Lloyd’s Register Foundation when Lloyd's Register converted its status from an industrial and provident society to a company limited by shares, called Lloyd's Register Group Limited. The shares in Lloyd's Register Group Limited are owned by Lloyd's Register Foundation, a registered charity. 

Importantly, the objectives and mission of the Foundation remain the same as those of Lloyd's Register, which is to protect people from harm, ensuring the infrastructure that we depend on for day-to-day living is safe for society both now and in the future, and ensuring the world has the right skills and education required to keep people safe.  

From 1760 to today

A young charity steeped in unique maritime heritage.

1760

A Society for the Registry of Shipping is formed by customers of Edward Lloyd's coffee house in London. They employ retired sea captains to inspect and classify vessels which call at 16 ports in the UK from all over the world.

1799

A dispute over the system of classification leads to the publication of two rival Registers; namely the shipowners' red book and the underwriters' green book. This is resolved in 1834 when they reconstitute as Lloyd's Register (LR) of British and Foreign Shipping.

1818

Technological innovations with the change from sail to steam lead Lloyd's Register to class its first steamer in 1818, first iron vessel in 1837, and first steel vessel in 1867.

1835

Lloyd's Register takes the initiative over load lines in 1835, instituting what becomes known as Lloyd's Rule. In the 1870s Chief Ship Surveyor Benjamin Martell discusses his detailed research on the subject with Samuel Plimsoll. In 1930, International Convention on Load Lines is formally adopted. Load lines are still in use across ships worldwide today.

1900s

As global shipping begins to grow, with new ship types, propulsion fuels and trade routes, Lloyd's Register continues to evolve. The organisation inspects transatlantic passenger lines to liquefied natural gas carriers, while also diversifying its services following the containerisation revolution and developments in the offshore industry.

2004

Wholly funded by Lloyd's Register. the Lloyd's Register Educational Trust is formed to focus on the organisation's charitable work.

2012

Lloyd's Register Foundation is formed, following Lloyd's Register's conversion from an industrial and provident society to a company limited by shares - Lloyd's Register Group. The Foundation is the sole shareholder of Lloyd's Register Group.

2020s

In 2020, the Lloyd's Register Foundation and Lloyd's Register Group establish the Maritime Decarbonisation Hub, which aims to accelerate the safe, sustainable and cost-effective decarbonisation of world shipping through industrial collaboration.

In 2022, the Foundation celebrated its tenth year of operation.