Lloyd's Register Of Shipping

Michael Palmer
Claremont, California

Lloyd's Register of [British and Foreign] Shipping is a British publication that describes, classifies and registers vessels according to certain criteria of physical structure and equipment, to enable underwriters, shipbrokers, and shipowners more easily to assess commercial risk and to negotiate marine insurance rates.

The name "Lloyd" derives from Edward Lloyd, the "coffee man", as he called himself, who operated a coffee house in London, originally in Tower Street, then, from just after Christmas 1691, in Lombard Street, near the General Post Office. Lloyd's coffee house served as a meeting place for merchants wishing to exchange news, as well as for merchants and underwriters wishing to negotiate insurance on vessels and cargo.