Target Collaborative Development of Advanced Bulk Carrier Designs
Further Marine Technology Co. Ltd., (FMT) and Indian Register of Shipping (IRClass) have signed a MOU on strategic cooperation. By combining the two companies’ knowledge and networks, FMT and IRClass are targeting development of the latest generation of bulk carrier designs to expand the business in the South East Asian market.
This development will take an outset in the successful 8,000 DWT Mini Bulk Carrier designed by FMT and classed by IRClass in 2018 – 2019 for an Indian steel and infrastructure giant. By combining the available development capability in FMT and IRClass, the two partners aim to create designs offering higher performance.