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.

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Videotel’s Ballast Water Management Programme Updated to Help Ships Comply with Newly Ratified Global Treaty

Videotel_Ballast_Water_Management (002)Immediate availability of updated programme will assist shipping in complying with maritime regulations that go into effect in 2017  

MIDDLETOWN, RI, and LONDON, UK – October 3, 2016 – VideotelTM, a KVH company (Nasdaq: KVHI), has revised its ballast water management (BWM) training package to address the requirements of the International Maritime Organization’s newly ratified BWM Convention, a global treaty that is designed to stop the spread of invasive species from ships’ ballast water. Beginning next year, all ships engaged in international trade will need: a ballast water management plan to remove or neutralize harmful aquatic organisms and pathogens; an International Ballast Water Management Certificate; and, an onboard record book to prove compliance.

Videotel’s training package, Ballast Water Management, Edition 2, available immediately, covers BWM plan implementation including proper record keeping and the need for operator training on a compliant onboard system to treat ballast water and eliminate unwanted organisms. The Videotel programme also describes various approved ballast water management systems that are appropriate for different types of vessels.

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