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Safe Working Load is the in-service rating; Minimum Breaking Load is the failure load. SWL = MBL / safety factor (typically 5).
Lifting-equipment register lists SWL of every appliance. The SWL is what crew apply in service; MBL is the test value, never relied upon operationally.
Authoritative source: OCIMF MEG4 ↗
Source: ILO Convention 152; OCIMF MEG4
Editorial confidence: how we grade.