The 163rd ABS Annual Members Meeting highlighted that ABS has never been stronger, with substantial growth and industry-pioneering safety performance reported.
ABS continued to perform strongly in 2024, with the fleet growing to 300 million gross tons. The company also maintained the number one position among class organisations in global new order share with 22 percent. Across the industry, ABS held pioneering positions with both shipbuilders and shipowners.
Digital and sustainability services
ABS has also maintained its leadership position in the global offshore market and expanded its support for governments while continuing to be in the forefront in digital and sustainability services.
Members also heard ABS Chairman and CEO Christopher J. Wiernicki announce that he will step down as Chairman and CEO and retire at the end of 2025, after 14 years at the helm of ABS.
Number of strategic investments
In the close of a well-planned series process, the oversight of ABS, upon election by the Board of Directors
After thanking the ABS Board of Directors, the employees and his family for their support, Wiernicki said: “We have faced many challenges during my tenure, including the pandemic, the marine and offshore industry downturn and unprecedented, and disruptive technology and regulatory-driven change."
"In spite of these events, we were able to move forward with a number of strategic investments that have allowed us to become an industry-recognised technology and safety pioneer.”
In the culmination of a well-planned succession process, the leadership of ABS, upon election by the Board of Directors, is expected to pass to the current ABS President and Chief Operating Officer, John McDonald, who will become Chairman and CEO from January 1, 2026.
Development of technical safety standards
Members also heard Rear Admiral Wayne R. Arguin, Jr., U.S. Coast Guard Assistant Commandant for Prevention Policy, provide an update on the latest U.S. Coast Guard safety initiatives and policies, commenting: “Safety and security are paramount to a robust and resilient U.S. maritime industry."
"ABS has been a steadfast partner over the years, supporting the development of technical safety standards and advancing technology and innovation in shipping.”
