Indian Register of Shipping hosts multi-stakeholder seminar on IMO sulphur limit compliance and GHG emissions strategy

MUMBAI, INDIA, 28 May 2019 – The Indian Register of Shipping (IRClass), a leading ship classification society, recently hosted a seminar in which industry stakeholders discussed the impending 2020 IMO fuel sulphur regulation and the initial IMO Strategy on reduction of greenhouse gas (GHG) emissions from ships.

Held at IRClass’ head office in Mumbai, India, the one-day ‘Fuel 2020 & GHG Emission’ session drew participation from ship owners, ship operators, consultants, marine engine suppliers and bunker suppliers.

In his welcome address, Mr Vijay Arora, Joint Managing Director of IRClass, spoke about the rapid advancements in marine fuel technology and the need for both short-term and long-term plans to implement IMO’s GHG emissions strategy. He also mentioned that the industry today faces challenges which are both regulatory and technical in nature which need to be deliberated by all stakeholders to gain insights.

Guest-of-Honour Capt. Ashok Mahapatra, former Director of IMO’s Maritime Safety Division, highlighted in his keynote address the hitherto lack of clarity amongst ship owners, underwriters and charterers in dealing with non-compliant fuel post-sulphur limit.

Read more

KVH Appoints Ken Loke as Vice President for the Asia-Pacific Region

MIDDLETOWN, RI – May 22, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), is pleased to announce that Ken Loke has been named Vice President – Asia Pacific, to direct all initiatives for KVH in this important region. Mr. Loke has extensive experience in satellite and managed services with top companies active in the telecommunications and maritime industries. KVH provides connectivity solutions for the maritime market, including global mini-VSAT Broadbandsm services used by thousands of vessels worldwide.

“I look forward to leading the KVH team in Asia Pacific at this exciting time, when the maritime industry is rapidly migrating to VSAT services to reap the benefits of digitalization,” says Mr. Loke. “KVH’s end-to-end solution, new HTS products, and AgilePlans® subscription-based offerings enable ship operators to take advantage of the benefits of global connectivity.”

Read more

VIKING Wins Norwegian Police Patrol Boat Contract

Global safety products manufacturer and service provider VIKING Life-Saving Equipment has won a major contract to build and supply a VIKING Norsafe Munin S1200 patrol boat for the Norwegian police force.

The vessel, which will be built in Arendal, Norway and delivered in December this year, will carry out police patrol and rescue missions in the East Police District covering the 38 municipalities from Gardermoen to the Swedish border.

Seeing off competition from five other providers, the company scored high when it came to quality and price in what is seen as a breakthrough order in their police patrol boat market.

The VIKING Norsafe Munin S1200 has a twin waterjet from Alamarin with joystick control and dynamic positioning. It employs a twin installation, 2 x 500 horsepower IVECO FPT N67 engine with a ZF gearbox. Chairs are supplied by Ullman Dynamics.

Benefiting from a large navigation and communications package from Raymarine and Jatronic, its design embraces a new type of cabin with forward-facing windows, skylight and sliding doors.

KVH Announces the Sale of Videotel for $90 Million to Focus on Core Strategic Initiatives

Plans to increase its investment in photonic integrated chip technology, AgilePlans acceleration, and Internet of Things (IoT) connectivity

MIDDLETOWN, RI – May 13, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), today announced that it has sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free, debt-free basis, subject to working capital adjustments.  The sale was completed immediately upon execution of definitive agreements.

“As part of our long-term strategic roadmap, we are focusing on the large and growing markets of our core mobile connectivity and inertial navigation businesses,” says Martin Kits van Heyningen, chief executive officer of KVH.  “We intend to use the net proceeds of the sale to invest in three key growth initiatives that we expect will drive significant value creation, as well as to reduce our debt.  Specifically, we plan to invest in the development and commercialization of our photonic integrated chip technology for use in autonomous vehicles and other commercial and military platforms, to support the further acceleration of our AgilePlans (Connectivity as a Service) program, and also to finalize the development and launch of our IoT connectivity solution.  Videotel helped us to penetrate the commercial maritime markets initially, but our strategic approach has evolved to focus on faster growing markets that we believe will produce greater long-term shareholder value.”

To maintain continuity for KVH’s AgilePlans customers, KVH has retained certain rights to continue including the Videotel training content with the AgilePlans program. Management expects to issue revised financial guidance for the second quarter and full fiscal year of 2019 reflecting the sale of Videotel, along with select pro forma disclosures, on or about May 15, followed by an investor conference call.  In light of the anticipated financial impact of the transaction, investors should no longer rely on the guidance previously issued by KVH, which included anticipated revenues and expenses of the Videotel business.

Read more

VIKING and Kongsberg collaborate to create innovative USV Sounder System

A collaboration between Kongsberg and the VIKING Norsafe boats and davits division has resulted in an innovatively designed unmanned surface vessel (USV).

The Sounder USV System is a multipurpose platform designed to work across different market segments, including survey and fishery duties. VIKING Norsafe, was chosen by Kongsberg as its project partner for its years of experience in constructing tough and durable craft for use in extreme environments.

The Sounder USV System has been designed specifically for military and commercial maritime uses, deploying maximum stability with minimal vibration on the water, and optimized for low air disturbance under the hull.  These features are essential in providing minimal disturbance to the data collection equipment onboard.

Equipped with large hatches on deck for fast and easy equipment exchange, the vessel’s long operating range gives it the possibility to reach a large area without the need for external power or fuel supply.

It has a diverse range of applications from seabed mapping, fish finding and search operations to reconnaissance and exploration. The vessel has a high dynamic stability to provide a secure working platform.

It can fit into a 40 ft standard container and is easily transportable by air, road and sea. The USV has a rigid lifting point, verified for safe operation and as a way of optimizing the hull shape, Computational Fluid Dynamics are completed during the design face. This provides for low fuel consumption, minimized air disturbance under the hull as well as optimised stability.

Indian Register of Shipping and Dassault Systèmes co-host conference on noise-reduction design solutions for defence and commercial ships

MUMBAI, INDIA, 7 May 2019 – The Indian Register of Shipping (IRClass), a leading ship classification society, and Dassault Systèmes co-hosted an international conference on design solutions for noise reduction in defence and commercial ships.

Held at IRClass’ head office in Mumbai, India, the one-day ‘Design Solutions for Noise Reduction in Defence and Commercial Ships’ conference drew participants from various sectors including the Indian Navy, shipyards, designers, consultants and ship operators.

Mr Vijay Arora, Joint Managing Director of IRClass, inaugurated the conference by highlighting the importance of noise prediction and its evolving techniques in view of present IMO noise code.

The conference deliberated on possible design and software solutions for conventional passenger and cargo ships to meet regulatory requirements outlined in International Maritime Organization’s Code on noise levels on board ships – IMO Resolution MSC.337 (91) – which requires the measurement of noise levels and recommends limits on acceptable maximum noise levels for all spaces to which seafarers normally have access to.

To comply with the IMO Resolution, the conference noted that noise prediction is required right from the initial design stage and discussed the methods for noise prediction ranging from empirical methods such as IRClass’ proprietary noise prediction software to advanced methods based on statistical energy analysis (SEA), boundary element method (BEM) and computational fluid dynamics (CFD). The effects of insulation and alternative arrangements to keep noise levels within specified limits through such predictions were also discussed.

Read more

KVH Introduces World’s Fastest 1 Meter Ku/C-band Maritime VSAT Antenna for Global Connectivity

The TracPhone V11-HTS delivers global data speeds of 20 Mbps and is available as part of KVH’s AgilePlans program

MIDDLETOWN, RI – March 28, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), today introduced the TracPhone V11-HTS, the world’s fastest 1 meter Ku/C-band maritime VSAT antenna, designed to deliver data speeds as fast as 20 Mbps down/3 Mbps up to commercial maritime vessels and superyachts around the world. The fast data speeds support the critical needs of commercial ships today for operations, Internet of Things (IoT) applications, and crew connectivity. Superyacht guests can now enjoy fast connectivity for streaming HD content and accessing Internet and social media platforms at sea.

“With the TracPhone V11-HTS, we continue to bring innovative solutions to the maritime market, enabling commercial vessel operators to take advantage of the many benefits of VSAT, such as IoT applications and business efficiency, while yacht captains can offer guests onboard KVH’s fastest connectivity at sea,” says Martin Kits van Heyningen, chief executive officer of KVH. “From our advanced mini-VSAT Broadband HTS network to our 24/7 tech support, our superior connectivity solution makes broadband at sea seamless.”

Designed, engineered, and manufactured by mobile tech innovator KVH, the TracPhone V11-HTS features a dual Ku/C-band design with automatic switching to deliver expanded global coverage, including Northern and Southern latitudes, and reliable connectivity, even in extreme weather. In addition, the antenna system features the Integrated CommBox Modem (ICM), a streamlined belowdecks unit including high-throughput modem, Voice over IP (VoIP) adapter, CommBox network management software, and built-in Wi-Fi and Ethernet. The ICM also receives onboard news, entertainment, and operations content sent via KVH’s IP-MobileCast content delivery service.

Read more

KVH Videotel Expands Team with European Sales Manager Appointment

Following news of Raal Harris’s promotion to the position of managing director at KVH Videotel earlier in the year, the company has announced a further strengthening of its management team with the appointment of Jason Barreto as European sales manager.

Jason started his sales career with a series of airline, ship management, and marine travel companies, gaining particular experience in the offshore market.

Prior to joining KVH Videotel, he worked at the OSM Maritime Group, where he was head of sales and business development for the crew management side of the business.

His remit at KVH Videotel includes building on the business already established in such regions as Scandinavia and strengthening the company’s presence in the UK, France, Spain, and Portugal, as well as developing new revenue income streams.

“I am really excited about working at KVH Videotel especially during such an innovative period where new technology is changing the way we can develop training programmes, such as using virtual reality and gaming techniques, so seafarers can learn through task-based exercises,” says Mr. Barreto.

Read more

KVH Expands HTS Maritime Network for Entire Pacific Ocean Region

Vessels in Asia Pacific, U.S. Pacific Northwest, and other key shipping areas benefit from the latest satellite technology by using KVH’s mini-VSAT Broadband HTS network

MIDDLETOWN, RI – March 21, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has expanded its mini-VSAT Broadbandsm HTS network to the Pacific Ocean via the Horizons 3e satellite, which is jointly owned by Intelsat and SKY Perfect JSAT.

The high-performance Horizons 3e satellite immediately adds to the global coverage and capacity of KVH’s mini-VSAT Broadband HTS network, which provides connectivity to vessels worldwide. Global containerships, commercial fishing fleets, and superyachts cruising to remote destinations are among the many types of vessels that transit key areas in the Pacific Ocean, Asia Pacific, and the U.S. Pacific Northwest.

“With the expansion of coverage to the Pacific Ocean region, our advanced HTS network footprint is complete, providing the commercial and leisure mariners who rely on our solution with great coverage, fast data speeds, and enhanced performance for Internet access, VoIP, and all our connectivity services at sea,” says Brent Bruun, chief operating officer of KVH. “We are committed to continuing our high level of service in providing the maritime industry with a complete end-to-end solution for global connectivity.”

KVH launched its mini-VSAT Broadband HTS network in late 2017, and continually enhances the network with technological advancements. The network utilizes the Intelsat Flex Maritime service to deliver multi-layered Ku-band coverage, enabling vessels to see multiple HTS and wide beam satellites for maximum availability of broadband service. KVH’s HTS network builds on the success of the original maritime satellite network that KVH introduced in 2007.

Read more

Indian Register of Shipping (IRClass) wins 5-year contract to provide Emergency Response Services for 33 vessels of The Shipping Corporation of India

Indian Register of Shipping (IRClass) has secured a five-year contract from India’s largest shipping company, The Shipping Corporation of India (SCI) – to undertake Emergency Response Service (ERS) for 33 vessels.

The classification society’s ERS is aimed at providing round-the-clock technical support by way of speedy assessment of the intact/damage stability as well as longitudinal strength of any vessel involved in a major incident e.g. grounding, collision or fire. Issues potentially arising from such incidents include excessive trim/heel, loss of stability, progressive flooding, structural impairment, etc.

On alerting the dedicated communication channel, IRClass assembles a team of professionals within two hours, to recreate the status / condition of the vessel, using a pre-developed 3D hull model, and applying the data received from the vessel.

Simulation is carried out for a series of scenarios, from stability and global / local strength considerations. This is to ensure that appropriate advice is given to the Client for correcting any excessive heel/trim, and/or limit further damage to the vessel; thus, helping the ship staff to take well-informed decisions.

Reliability of the service is established by way of mock drills conducted periodically.

The service complies with various requirements including MARPOL Annex 1, Regulation 37(4) which requires oil tankers of more than 5000 DWT (deadweight tonnage) to have prompt access to shore-based damage stability and residual strength calculations; and IACS Recommendation No. 145 – with regards to the operation of shore-based ERS.

Head Technical of IRClass, Mr. C R Venugopal said: “The commitment we have made to SCI further strengthens the existing, excellent relationship we share with the shipping company.”

He added: “This contract highlights IRClass’ growing portfolio of offering value added, beyond class services”

The contract, effective from end of February 2019, will cover multiple types of vessel including oil tankers, bulk carriers and containerships.

Indian Register of Shipping (IRClass) wins key order for providing classification services for 8 shallow water ASW corvettes for the Indian Navy

In what could be termed as a significant recognition of its capabilities, the Indian Register of Shipping (IRClass) has won a key order for providing classification services for a series of 8 Anti-Submarine Warfare Corvettes to be constructed for the Indian Navy. The order was awarded under competitive bidding in which other classification societies participated, after qualifying stringent technical requirements.

The ships are to be constructed at the Garden Reach Shipbuilders & Engineers Ltd, Kolkata and will be built to IRClass’ Naval Rules 2015.

These ships are designed for combating threats posed by submarines and special underwater craft, operating in relatively shallow waters and will incorporate advanced sensors, including sonars, and anti-submarine weapon systems. The platforms will also be equipped with modern automation systems. Read more

KVH Surpasses 9,000 VSAT Systems Shipped for Global Connectivity

The milestone highlights KVH’s position as a maritime VSAT market share leader providing satellite broadband connectivity to vessels around the world

MIDDLETOWN, RI – March 5, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), a leader in mobile connectivity, announced that it recently shipped its 9,000th mini-VSAT Broadbandsm system. KVH’s TracPhone® V-series antenna systems are designed to provide satellite broadband connectivity to commercial vessels and leisure yachts around the world, by utilizing advanced satellite technology, including the latest high throughout satellites (HTS).

“Ever since we launched our mini-VSAT Broadband network more than 10 years ago, our antenna systems have been in demand by the maritime industry,” says Martin Kits van Heyningen, KVH’s chief executive officer. “Our solution is known for fast data speeds, affordable airtime, and an advanced, secure, and reliable network, which continues to be a winning combination as the maritime industry relies more and more on connectivity.”

KVH’s products and services have been recognized in the maritime industry for many years. TracPhone V-series systems have received eight product excellence awards from the National Marine Electronics Association (NMEA) in the past nine years. Also, in “Prospects for Maritime Satellite Communications, 6th Edition” (2018), industry analysts at Euroconsult reported that KVH is the market share leader in maritime VSAT by units, noting that KVH’s share of the maritime industry’s fielded VSAT terminals is nearly double that of its next closest competitor, as of the end of 2017.

Read more

Indian Register of Shipping (IRClass) to focus on business opportunities in Greece

Since opening its Greek office in 2010, the Indian Register of Shipping (IRClass) has made inroads into the Greek shipping market. Based in Piraeus, the IRClass office has been actively engaged with Greek shipyards and owners to offer its full range of classification services.

It has recently certified three Ro-Ro vessels in Greece for the Theodoropoulos shipyard and has also taken several other vessels into Class.

Currently, IRClass is working on seeking authorisation from Greek maritime authorities to survey and certify all types of Greek flagged vessels.

To add focus to the Greek market, IRClass MD, Mr. Suresh Sinha will be speaking at Capital Link’s 10th Annual Greek Shipping Forum on Friday February 22nd at the Hilton Athens hotel.

“The Greek maritime market is important to IRClass and our expansion strategy is to focus our services in this region due to the large concentration of ship owners. We look forward to networking and meeting with the Greek shipping community and build on the business relationships which our team in Piraeus has developed”, said Mr. Sinha.

Britannia Granted Licence to Underwrite Business in Singapore and Launches Two Chinese Language Websites

On 25 January Britannia P&I Club was granted a licence to underwrite business from its Singapore branch.

The licence was granted by the Monetary Authority of Singapore (MAS) and follows the recent further positive news of Britannia’s Hong Kong branch also receiving its underwriting licence from Hong Kong’s insurance regulator, the Insurance Authority.

The Singapore branch will be managed by Tindall Riley (Britannia) Singapore (TR(B)S) and is headed by John O’Flaherty, Chief Executive, who has had many years of experience in marine insurance and shipping.

John’s team of seven colleagues includes:

– Derek Birch, a qualified lawyer with experience both in private practice and with other P&I Clubs. Derek heads the local claims team, which includes Capt. Rajesh Raman, Capt. Nasir Subahrie, Sivakami Moorthy and Victoria McFarlane, all of whom have legal, maritime and/or insurance backgrounds; and

– Capt. Ajit Karande, who is responsible for correspondent work and overseeing Britannia’s ASEAN correspondents.

The Singapore office will look after Britannia’s ASEAN countries Members as well as its Members in India and Australasia. It will also assist where required with all Members’ claims arising in the ASEAN region, in association with Britannia’s local port correspondents.

Read more

Britannia Granted Licence to Underwrite Business in Hong Kong

Hong Kong’s insurance regulator, the Insurance Authority (IA), has granted Britannia a licence to underwrite business from its Hong Kong office.

This positive news is in line with Britannia’s strategy of ‘think global, act local’. This has seen new Exclusive Correspondents for the Association opening in Taiwan and Denmark and the recent purchase by Tindall Riley (Britannia’s Managers) of the Britannia exclusive correspondents in Japan and Singapore as well as Tindall Riley opening an office in Greece.

Britannia is also working towards activating its licence in principle, obtained in late 2018, which will allow it to underwrite business out of Singapore. 

The Hong Kong branch office will continue to be managed by the very experienced existing team led by Tim Fuller as the Chief Executive, Richard Inman as Head of Underwriting, Gordon McGilvray as Head of Claims and Monica Kwok as Head of Finance.

Read more

Indian Register of Shipping (IRClass) signs MoU with the Government of Assam for World Bank funded inland water transport project

The Indian Register of Shipping (IRClass) and the Government of Assam, a key state in India’s north-east, has signed a Memorandum of Understanding (MoU) to further enhance the state’s inland water transport (IWT) system to improve commuter safety.The MOU follows the funding agreement between the Government of Assam and the World Bank to modernize and transform inland water transport in the state which has the largest network of navigable inland waterways in India. Plans include the integration of high quality passenger and vehicle ferry services into its wider transport network.

IRClass will be providing technical assistance to the Government of Assam including the preparation of technical specification of vessels, evaluation of shipyards bids, inspections during construction and certification.

This MOU will be administered under the guidance and initiative of the Assam Government’s Commissioner & Secretary (Transport) and IRClass will partner with Assam Inland Water Transport Development Society (AIWTDS) to support its plans.

Sr. Principal Surveyor & VP, Cdr K Dhawan, IN (Retd.) said today:

“IRClass is delighted to be part of this initiative which will raise the safety and technical standards of the state’s inland water transport system. This initiative will help boost the state’s growth with scaling opportunities including the development of IWT terminals, port townships and operation of river taxis. IRClass will soon be opening an office in Guwahati to work closely with the Assam Government in developing its inland water transport.”

 

IRClass Review of 2018 and Projections for 2019

The Indian Register of Shipping (IRClass) continues to record steady growth in its classed fleet, flag recognition and geographical presence, mirroring the shipping industry’s ongoing recovery.

Fleet Growth

With tankers and bulk carriers continuing to dominate IRClass’s tonnage, the classed fleet has grown more than 4% in the past year, with the foreign flag fleet seeing a particularly impressive growth of 22% which is 16% in tonnage terms and indicative of strong overseas growth. 

Flag Recognition and Geographical Presence

IRClass is now recognised by 41 flag states globally, seeing recent additions in 2018 from the Netherlands, Vietnam, Jordan and Bahrain.

Towards the end of 2018, it also received approval from Abu Dhabi National Oil Company (ADNOC), strengthening its offshore portfolio in the Middle East and opened an office in the Kingdom of Saudi Arabia to better service its customers in the region.

Strengthened Portfolio with Defence and Government Projects

On the domestic front, Defence continues to be a growth area for IRClass with key project wins as well as construction of Inland Waterways vessels.

These additions to IRClass’s project portfolio demonstrate the classification society’s competence and capability in handling large scale and technically challenging projects. 

Commitment towards Information Security

The ISO 27001:2013 certification awarded to IRClass for its Information Security Management System from the British Standards Institution (BSI), underscores the classification society’s commitment towards risk management. It inspires confidence in IRClass’s level of data protection, assuring customers that their information is well-protected.

Read more

Britannia Member Survey Reveals 97% are Proud to be Members

Britannia’s first online Member Survey has been published, with 97% of the Members taking part being proud to be a Member of the Club.

Overall 70% felt Britannia’s core values could be summed up with the words ‘trusted’ and ‘mutual’, with the Club’s main strengths listed as ‘financially secure’ ‘excellent claims service’ and ‘valued relationships with Members’.

An impressive 100% of Members that took part in the survey felt valued as a Member of Britannia, which is testament to the strong service delivery and sound financial status (echoed by the Club recently having its rating ‘A’ (stable) re-affirmed by S&P Global Ratings).

The survey also highlighted areas that could be improved, including streamlining access to claims records, transaction history and financial documents. The Club is already underway with implementing solutions to improve these areas by developing more efficient systems and processes as part of the on-going IT upgrade.

A more detailed look into specific departments revealed that the Claims Reimbursements section had a 94% satisfaction rating when Members were asked if their reimbursements were received either on or ahead of expectations.

Other response times to general requests within Claims were either within or exceeded expectations. However, 15% of respondents felt that sometimes the Club could react more quickly to a request. So, although the result is very positive, the Club is reviewing its processes to identify where it can improve on its speed of service.

Regarding the Underwriting department, 95% of survey respondents felt that the Underwriters’ approach is fair with 91% satisfied that they received a responsive solution. An impressive 95% felt that vessel documentation from the department was always accurate.

Read more

Columbia Takes Optimisation To The Next Level With Opening Of Its Performance Optimisation Control Room

Columbia Shipmanagement formally opened its high-tech Performance Optimisation Control Room on Friday 14 December in Cyprus. The opening ceremony was attended by Ms Natasa Pilides, Deputy Minister of Shipping, Republic of Cyprus.

The focus of the Control Room is on Performance Optimisation. When full functionality roll-out is complete, the Control Room will be manned 24/7 by qualified personnel who will optimise vessel safety, crew rotation and training, performance (speed, consumption, delay, weather routing), disaster avoidance, maintenance (including preventative maintenance through sensor and camera technology), and contractual compliance. Web-based, it can be easily uploaded to other Columbia offices and clients’ offices allowing remote monitoring.

Captain Pankaj Sharma, Manager of the Control Room, is a project management professional with years of experience managing control rooms. Mr Sharma commented: “Centralising our operations will give us the ability to better deal with fast-changing scenarios and developments as they happen. With 24/7/365 support, our goal is to have even faster decision-making and greater visibility by using modern technology to achieve cost-efficient vessel operations.”

The Control Room will be a management hub, seamlessly connecting to technical, marine, crew and commercial management departments and functions.

Columbia’s President Mark O’Neil in his opening address stated: “This project has been made possible through the excellent collaboration and support of our project partners Tototheo Maritime,” adding, “It is a visible and tangible example of how digitalisation and technology can be harnessed for optimisation of vessel operation and management. Not only will it make us more attractive to our clients and potential clients, it will also make our clients more attractive to the market through optimised operation. The Performance Optimisation Control Room demonstrates Columbia’s commitment to its clients and to the provision of a thoroughly modern, digitalised and optimised service.” 
Read more

Indian Register of Shipping wins two prestigious awards at separate ceremonies

Leading classification society Indian Register of Shipping (IRClass), won ‘Classification Society of the Year’ award at the Samudra Manthan Awards ceremony on 5 December, and on another occasion, the ‘Indywood Excellence Award for Professional Achievement – Class Compliance’ was bestowed upon Mr. Suresh Sinha, Managing Director of IRClass, recognising his efforts towards the development of the classification society landscape within the maritime sector.

The Indywood Excellence Awards 2018 (Marine / Offshore / Oil & Gas) were held at HITEX Exhibition Centre in Hyderabad on 2nd December, and this year’s Samudra Manthan Awards took place on 5th December at Sahara Star in Mumbai, India.

This marks the second occasion the classification society has been named the classification society of the year – where this year, the criterion for selection included digitalisation initiatives, cyber security, maritime research and industry projects.

Mr. Sinha said: “I am humbled to be bestowed with the Indywood Excellence Award, but the real winner is the team of committed and dedicated employees of IRClass globally; who have been instrumental in expanding the classification society within the marine and oil & gas sectors. I would like to congratulate each one of them for the hard work.”

He added: “This validates the work we have been doing for our valued clients and spurs us to further raise our service standards and to help the marine as well as oil & gas industries to cope with the new dynamics of the digital ecosystem in a changing shipping landscape.”