Complex sentence: The Coating Performance Standard for Ballast Tank Coatings (PSPC), which is effective since 2008 defines the system and application of coatings at new buildings with the intention to prevent rapid corrosion and provide a 15-year life for the coating selected.
Split into simpler sentences: The Coating Performance Standard for Ballast Tank Coatings (PSPC), became effective in 2008. It defines the system and application of coatings during vessel construction with the intention of giving a 15-year life for the coating selected.