The Indian Register of Shipping (IRS) has made significant progress throughout the year 2023. The organisation has successfully ventured into new geographies while maintaining robust business growth, says an article published on ir class website.
Summary
- IRS expanded its global presence by entering new geographies and achieved robust business growth.
- IRS engaged in key technology demonstration projects in collaboration with Indian shipyards.
- IRS was selected by the Inland Waterways Authority of India (IWAI) to provide classification services for six hybrid electric catamarans.
- RS updated its ‘Rules for Construction and Classification of Indian Naval Ships in 2023, incorporating the latest IMO/IACS requirements and military design features.
- IRS entered into a strategic partnership with Dassault Systèmes to achieve digital transformation and enhance operational efficiency.
Successful Ventures And Business Growth
The Indian Register of Shipping (IRS) has marked significant achievements in 2023, expanding its global presence by entering new geographies and achieving robust business growth. The organization has augmented its fleet by over 5 million gross tons, attracting new customers from the Middle East, Europe, and the Asia Pacific region.
Advancements In Technology Projects
IRS has actively engaged in key technology demonstration projects in collaboration with Indian shipyards. These projects encompass innovations such as hydrogen fuel cells, autonomous vessels, and a remote-controlled vessel. All these projects are in advanced stages of construction and are anticipated to be completed by early to mid-2024.
Commitment To Environmental Solutions
In alignment with its commitment to providing efficient and environmentally friendly propulsion solutions, IRS has been selected by the Inland Waterways Authority of India (IWAI) to provide classification services for six hybrid electric catamarans. These vessels will utilize Lithium-Titanium Oxide (LTO) batteries and diesel generators in a hybrid mode, contributing to sustainable and eco-friendly maritime practices.
Rule Updates And Naval Ship Projects
IRS has updated its ‘Rules for Construction and Classification of Indian Naval Ships in 2023, incorporating the latest IMO/IACS requirements and military design features. The organization has been actively involved in the construction and delivery of various naval vessels, including Diving Support Vessels, ASW-SWC vessels, and Survey Vessel Large (INS Sandhayak).
Strategic Partnerships And Digital Transformation
To achieve digital transformation and enhance operational efficiency, IRS has entered into a strategic partnership with Dassault Systèmes. The collaboration aims to leverage virtual twin technology using the 3DEXPERIENCE platform, facilitating data-driven decision-making processes, vessel lifecycle management, and end-to-end digital traceability. The platform is expected to go live by Q3/Q4 of 2024.
Active Participation In International Events
IRS has actively participated in key international maritime events, showcasing its commitment to the industry. The organization hosted advisory committee meetings, customer meets, and exhibited at events like Sea Asia in Singapore and London International Shipping Week. IRS also organized discussions on sustainability and decarbonization during these events.
Vision For The Future
Looking ahead, IRS remains focused on enhancing fleet quality, providing regular training to strengthen surveyors’ capabilities, and expanding its global presence. The organization aims to maintain its commitment to excellence, quality, and maritime safety, positioning itself as an unrivaled maritime partner.
Leadership Perspectives
Mr. Vijay Arora, MD of IRS, emphasized the organization’s commitment to excellence and quality. Mr. Arun Sharma, Executive Chairman of IRS, highlighted the remarkable growth in 2023 and affirmed IRS’s preparedness to navigate global regulatory shifts, especially in response to IMO emission reduction targets for 2030. IRS aligns with India’s ‘Aatma Nirbhar Bharat’ campaign, solidifying its role as a reliable maritime stakeholder worldwide.
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Source: ir class
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