Geneva DryViganVan AalstCimbriaTelestackBühler GmbH
  • TMS Awards 2023
  • TBA Group
  • Port of South Louisiana
  • Telestack
  • Van Aalst
  • Bühler GmbH

FMT and IRClass MOU to develop bulkers

(Posted on 16/12/19)

Further Marine Technology Co. Ltd., (FMT) and Indian Register of Shipping (IRClass) have signed a MOU on strategic cooperation. By combining the two companies’ knowledge and networks, FMT and IRClass are targeting development of the latest generation of bulk carrier designs to expand the business in the South East Asian market.

This development will take an outset in the successful 8,000 DWT Mini Bulk Carrier designed by FMT and classed by IRClass in 2018 - 2019 for an Indian steel and infrastructure giant. By combining the available development capability in FMT and IRClass, the two partners aim to create designs offering higher performance.

The MOU, which was signed at Marintec China, aims to leverage advanced technological capabilities towards the future development of the shipbuilding and shipping industries. FMT and IRClass consider the new collaboration as a springboard for further pursuit of new business opportunities.

Speaking at the event, Mr. H V Ramesh, Senior Principal Surveyor and Vice President, IRClass, said: “This MOU paves the way to work towards development of efficient shipping with focus on environmentally sustainable designs.”

Mr. John Chao, CEO, FMT said “FMT thanks IRClass for the great support to current bulk carrier project being built in China. We believe the signed MOU today will lead us to a brilliant future co-operation of both companies towards development in China and all over the world.”

Indian Register of Shipping (IRClass) is an international ship classification society providing ship classification and certification as well as technical inspection services. IRClass is a Member of the International Association of Classification Societies (IACS).

Covering a wide range of shipping, offshore and industrial projects, their team of dedicated professionals has brought international standardisation and assurance to your doorstep.

FMT is a maritime technology company established in 2010 and specialized in design of dry bulk carriers, tankers, container ships, and retrofit solutions. Its core staff have business & technical background from well-known international ship operators, class society, shipyards and ship design houses. Its knowledge and global connections can turn customer’s vision into reality and maximize their profits and asset value.

Latest News

Onboard carbon capture relies on industry collaboration says DNV

(Posted on 07/06/24)

Onboard carbon capture (OCC) is attracting interest within the shipping industry, providing shipowners... Read more


Franman to promote Saudi’s IMI in Greece and Cyprus

(Posted on 07/06/24)

Athens-based Franman, a leading representative and supplier of premium equipment, parts, products and... Read more


Veson: Bulker newbuilding values at 15-year high

(Posted on 01/06/24)

Values for newbuild vessels of 180,000 DWT are up by c.5.45% from USD 66.09 mil to USD 69.63 mil according... Read more


NorthStandard annual review figures verify value of scale and reach

(Posted on 31/05/24)

Global marine insurer, NorthStandard, recorded increases in premium income, investment returns, and... Read more


VIKAND and Riverr forge srategic partnership

(Posted on 31/05/24)

VIKAND, the global leader in maritime healthcare, and Riverr, a pioneering AI deeptech start-up based... Read more


CMB.TECH and Damen agreement for hydrogen-powered tugs

(Posted on 28/05/24)

CMB.TECH and Damen have announced their collaboration on hydrogen-powered ASD Tugs. Built by Damen,... Read more


Female cadets seeing growing acceptance says Columbia Group

(Posted on 22/05/24)

The maritime sector is at a crossroads, grappling with an evolution that is as necessary as it is overdue... Read more


Shipping needs radical overhaul of corporate governance

(Posted on 22/05/24)

Captain Pappu Sastry, CEO of Adhira Shipping and Logistics (ASL) is calling for a radical restructuring... Read more


CSM Türkiye collaboration with bulker operator Transoba Denizcilik

(Posted on 15/05/24)

Columbia Shipmanagement (CSM), member of Columbia Group, has underlined its commitment to the Turkish... Read more


OTG and WISTA join forces to drive gender diversity and inclusion

(Posted on 15/05/24)

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions for... Read more


Port of South LouisianaTBA GroupPort of StocktonTMS Awards 2023Sailors Society
  • Vigan
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping