I probably should clarify my statement about rerating. I'm not actually rerating (rerate as in puting a new rating on the vessel nameplate). I've been tasked with calculating MAWP for some of our older vessels with missing information (vessels that we have no U1, data package, calculations, etc.) for internal records.
SnTMan, I actually have orginal dimensional drawings of the vessel that specify material. So, in my case, confirming material is not necessary. However, I do agree with you that I would normally have to confirm the material.
Duwe6, I believe I'm going to give FEA a try.
Thanks for the input all of you.