IRClass Recognized by Malta

Business & Finance

Classification society Indian Register of Shipping (IRClass) has obtained authorization as Recognized Organization (RO) from Merchant Shipping Directorate of Transport, Malta.

Malta is said to be the sixth largest flag in the world and largest in Europe with a tonnage of 72.1 million gross tons.

This year, IRClass has earned authorizations from various flags worldwide, including US Coast Guard, Latvia, Antigua & Barbuda, Thailand and Bangladesh.

Moreover, IRClass has set up its offices in Malta and Istanbul. The company established earlier offices in London, Piraeus and a representative office in Cyprus.

IRClass said it has seen growth in business with several vessels from European owners taken into class this year. It has also seen an overall growth, because of an increase in new construction surveys, ship’s audits and an increase in marine component inspection business for new construction projects.

“Following the EU recognition received last year, IRClass has been growing from strength to strength in Europe. We are looking to further enhance our reach within Europe to provide … services and winning the confidence of European shipowners,” P K Mishra, IRClass’ Vice President and Regional Manager – Europe and Americas, said.

As a member of the International Association of Classification Societies (IACS), IRClass is an independent ship classification society providing ship classification and certification as well as technical inspection services.