Korean Registry Inks Deal To Deliver Statutory Services In India

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Korean Registry(KR) has received authorization to offer services on behalf of the Indian Flag Administration.

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Korean Register and Directorate General of Shipping(DGS), Ministry of Shipping, Government of India, have entered into an agreement to deliver services on behalf of the Indian flag administration, carrying out vessel surveys and issuing certificates according to international conventions.

The agreement now enables KR to conduct relevant surveys and audits and also to issue certificates to Indian flagged ships for SOLAS, MARPOL, ITC, ICLL, and MLC.

About the Indian Maritime Industry:

  • India has a strong potential for growth because of its geographical location between Asia and Africa and its 7,000km long coastline.
  • There has been a dramatic increase in the value of its export and import trade value.

As the port facilities and vessels to accommodate this growth are lacking, the Indian Government is seeking foreign investment to build port infrastructure and to stimulate the shipping industry, including shipbuilding.

Since 2009, KR has been working to deliver statutory services for the Indian government, and the classification society established an office in Mumbai and is now successful to secure full authorization to provide quality statutory services.

Welcoming the endorsement, Dr. B S Park, Chairman & CEO of KR said: “We are delighted to receive the authorization to deliver statutory services on behalf of the Indian government.  We will endeavour to provide swift and efficient services to our clients and to raise the standards of maritime safety in all of their operations.  We look forward to delivering high-quality services and to supporting the growth of India’s maritime sector.”

Source: Port Wings