phasing of yearly inspections. As of March 31st, 2026, the fleet classed by Bureau Veritas consisted of 12,436 ships, reflecting a year-on-year increase of 2.4%. The total Gross Register Tonnage (GRT) reached 165.5 million, up +6.9% compared to March 31st, 2025, largely attributable to significant tonnage won from a Korean shipping company.
› A decline inServices(10% of divisional revenue, including Offshore), mainly due to the ongoing reduction of non-core advisory services, a change expected to have a positive impact on the business in the coming quarters.

Bureau Veritas is actively developing new solutions to support clients in addressing global fleet modernization requirements. In early 2026, the Company advanced fleet digitalization for a Hong Kong shipping company by classifying a vessel with augmented ship technology that integrated onboard digital systems with shore support.

Green objects highlights
During the first quarter of 2026, Bureau V
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