Indian Register of Shipping Reports Strategic Progress and Outlook for 2026
The Indian Register of Shipping (IRS) announced significant progress in 2025, achieving milestones in defence and merchant marine sectors, including the completion of its first new construction project for Penguin Shipyard and classing vessels from CMA CGM and Maersk. With the establishment of a new office in Saudi Arabia and advancements in digital transformation, IRS delivered 115 vessels globally and supported the Indian Navy's fleet modernization. Looking ahead to 2026, IRS expects increased demand for technical assurance in naval projects and growth in alternative fuel readiness as the maritime sector evolves.
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The Indian Register of Shipping (IRS) reported significant achievements in 2025 across defence, merchant marine, and digital innovation. Key milestones included completing its first new construction project for Penguin Shipyard in Singapore and classing vessels from CMA CGM and Maersk.
IRS expanded in the Middle East with a new office in Saudi Arabia, delivering 115 vessels globally. In defence, IRS supported the Indian Navy's fleet modernization, classing Fleet Support Ships and overseeing the refit of submarine INS Sindhukirti.
Digital transformation efforts advanced with the deployment of virtual twin technology and predictive analysis capabilities. IRS also contributed to inland waterway infrastructure development and hosted a seminar on ship recycling practices. Looking to 2026, IRS anticipates increased demand for technical assurance in naval projects, accelerated digital classification adoption, and growth in alternative fuel readiness, particularly hydrogen and biofuels, as the maritime sector evolves.
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