Further Marine Technology (FMT) and Indian Register of Shipping (IRClass) have signed a MOU that is expected to lead to closer strategic cooperation between the two organisations. By combining their respective knowledge and business networks, FMT and IRClass aim to develop a new generation of bulk carrier designs, to expand opportunities in the South East Asian market.
This initiative will initially promote an 8,000 dwt mini bulk carrier designed by FMT and classed by IRClass in 2018 – 2019 for an Indian steel and infrastructure company. The two partners say that they now aim to create further designs offering high levels of performance and environmentally sustainability.
IRClass has also signed a cooperation agreement with ShipParts.com. As a result, it will certify those Indian equipment suppliers and manufacturers that use the ShipParts.com e-procurement platform, providing third party verification of products transacted on the site.
ShipParts.com will establish an “IRClass Pavilion” on the platform to provide certified Indian suppliers with an established digital route to international maritime markets. It will also be authorised to introduce IRClass services to both China and international manufacturers looking to access the sub-continent’s maritime sector.