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.
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.