Risk, vetting & insurance
TMSA
Tanker Management and Self Assessment
Meaning
TMSA is OCIMF's Tanker Management and Self Assessment programme, in which tanker operators rate their own management systems against best practice.
TMSA explained
Operators submit a TMSA self-assessment covering areas such as safety, maintenance, crewing and environmental management. Vetting departments use it, together with SIRE reports, to judge the operator behind a ship.
Related terms
SIRE
SIRE is OCIMF's Ship Inspection Report Programme: standardised tanker inspections whose reports are shared with oil companies for vetting.
Vetting
Vetting is an oil company's or charterer's risk assessment of a tanker, using inspection reports and history, before agreeing to charter it or accept it at a terminal.