Abstract: A study was undertaken to determine causes and effects of corrosion processes in ballast tanks. Part 1 of this article (October 2009 MP) described the data collection. Part 2 describes the development of a corrosion index (CI) derived from the general International Association of Classification Societies corrosion assessment methods. The CI can be used in situ to assess ballast tank corrosion. An average timeline for-corrosion of tanks is presented.