The Indian Register of Shipping (IRS) has consolidated its position as one of the fastest growing classification societies with a strong performance in 2022. IRS once again made inroads into new markets and the last 12 months have seen over 200 ships totalling more than 7 million gross tons added to its classed fleet.
Decarbonisation has remained high on the agenda for the organisation as the shipping industry looks to reduce carbon emissions. Several initiatives have been taken towards the development of alternative fuels, including successful trials using biofuels, while the classification of the first hybrid battery-powered catamaran, built by Indian shipbuilder Cochin Shipyard, was another highlight for IRS in 2022.
In recent months the organisation has initiated a digitalisation journey along with a leading industry partner which will focus on developing the Digital Twin concept and data analytics, as well as the life cycle management of assets.
Over the past year, IRS has renewed its commitment to the Indian Defence forces and has been engaged in several projects for Indian Navy, including diving support vessels, shallow water corvettes, survey vessels, a floating dock and various auxiliary vessels. Additionally, IRS is involved with the Indian Coast Guard in new construction projects including fast patrol vessels, interceptor craft and pollution control vessels, among others. A series of nine Floating Border Outposts (FBOPs) for the Border Security Force have been classed by IRS in 2022 as well.
Reflecting on the past year, Executive Chairman, Arun Sharma, said: “IRS has continued to be a dynamic, pioneering and influential force throughout 2022. We have made great strides in the move towards sustainable shipping and remain trusted partners to a host of maritime stakeholders.”