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Indian Register of Shipping Celebrates 2017 Feats, Maintains Optimistic outlook For 2018

Mumbai:

Port Wings News Network:

Continuing its growth trajectory, Indian Register of Shipping has concluded 2017 on a successful note with increased class fleet, growing global recognition, improved geographical presence and strengthened its capabilities through several new initiatives.

Fleet Growth

In line with its performance year after year, the classed fleet has grown 5.3% in numbers and 4.8% in tonnage terms. In the last three years IRClass’ classed fleet has grown from 10.89 to 12.70 Million GT. Given the prevailing stressed maritime environment, this consistent growth is heartening.

Geographical Presence

IRClass has expanded its presence in countries including Turkey, Malta, Rotterdam, Indonesia, Malaysia and Bangladesh to service the growing needs of customers and provide them with quicker access to services.

Flag Recognition

IRClass today is recognised by 39 flag states globally which together represent approximately 55% of the world’s tonnage. Key flag states like US Coast Guard and Malta were added this year apart from others like Latvia, Thailand, Antigua & Barbuda, Cook Islands and Bangladesh.

Rules for LNG Fuelled Coastal & Inland Vessels

IRClass has developed Rules for LNG Fuelled Coastal and Inland vessels. These Rules will help the maritime stakeholders to promote environment friendly fuels for Coastal as well as Inland vessels.

Cyber Safety Guidelines – Addresses Cyber Risks of Emerging Technologies

The rise of cyber-attacks on information and operational technology systems within the maritime industry has prompted IRClass to develop cyber safety guidelines based on International Maritime Organization (IMO),National Institute of Standards and Technology – US Department of Commerce (NIST) and relevant ISO, IEC standards.

The implementation of these guidelines will help identify the cyber risk issues from as early as the design stage of the vessel, and IRClass as a classification society plays a significant role in ensuring that the safety of a vessel and its crew are not compromised by such attacks.

Mr. Suresh Sinha, IRClass Managing Director.

Electronic Certificates

IRClass has commenced issuance of electronic certificates and has received authorisation from Liberia, Marshall Islands and a few other flags.

Indian Register of Shipping’s training arm, IRClass Academy, in association with the Singapore Nautical Institute, delivered a training course on Ballast Water Management in Singapore in March 2017, and is looking to organize more of such courses in 2018.

CEMS Launch

IRClass launched the Centre of Excellence in Maritime and Shipbuilding (CEMS), a special purpose vehicle which will deploy an industry-relevant skill development program to equip students and professionals with employable engineering and technical skills in the areas of Ship Hull Design, Ship Detailed Design, Shipbuilding & Maintenance, Repair & Overhaul (MRO), Product Lifecycle Management (PLM), and advanced digital manufacturing-factory concepts.

Largest dredger built to IRClass delivered in Europe

The biggest dredger built under IRClass so far and the first dredger to be assigned with dredging freeboard as per Guidelines for Assignment of Reduced Freeboards for Dredgers, DR-68 at the time of delivery.

Looking ahead in 2018

During the cornerstone event of Singapore Maritime Week, Sea Asia 2017 in April 2017, IRClass announced the opening of a new office in Malaysia, and gained authorisation as a RO from Thailand.

With its regional office in Singapore, IRClass aims to gain RO status from Singapore as well as from key ASEAN countries like Indonesia and Philippines.

Outlook for 2018

Digitalisation, Big Data, Cyber security,LNG fuelled vessels, Vessel Performance Management are amongst the key areas of focus for IRClass in 2018.

Though the shipping markets have been depressed for a considerable period, some indications of an upturn are being seen.

“The focus of IRClass will continue to be on enhancing its classed fleet, increasing its global footprint, gaining more flag recognitions and further strengthening its image as ‘Class by Choice’”, said IRClass Managing Director, Mr. Suresh Sinha

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