Indian Register of Shipping takes over IACS chair

Sep 06 2019

Arun Sharma, Executive Chairman of the Indian Register of Shipping (IRClass), has been formally introduced as the new Chairman of the International Association of Classification Societies (IACS) this week.

Sharma was elected as the new IACS Chairman at a recent Council meeting held in Busan, South Korea.

In his first speech in his new role, Sharma outlined the main challenges faced by the shipping industry, most notably the key environmental regulatory issues, including the sulfur cap and the fast paced technological innovations, which are radically altering the way shipping companies are interacting with each other.

“We will need to gradually move away from fossil fuels. The influence on the tanker sector will be huge,” he said.

This will have a knock-on effect in the way IACS needs to work with the industry, especially in the use of data to make more informed decisions, the validation of technologies to ensure that any regulation can be applied globally and consistently and IACS’ contribution to maritime safety and regulation through technical support, compliance verification and research and development.

“There are too many ‘ifs and buts’ in the next one to five years. In the technology sector, al our energy needs to be concentrated on de-sulfurisation. Significant research needs to be done,” Sharma said.   

He also stressed the need to continuously strengthen the systems within IACS towards maintaining and enhancing quality operations and is keen to enhance interaction with key stakeholders within the industry to foster greater transparency and play a bigger part in helping the industry comply with upcoming regulations.

In concluding his presentation, Sharma stated that he was confident that, “with the support of all his Council colleagues, IACS will be able to demonstrate the proactive commitment necessary to ensure that the Association remains well positioned for the many challenges that face the maritime community.”

A more in-depth look at the work of IACS will appear in September/October’s Tanker Operator Classification Society feature.


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