The Indian Register of Shipping (IRClass) is claiming growth in its classed fleet and global footprint despite poor shipping markets.

The Mumbai-based classification society says its fleet increased by 5.3% in terms of numbers and 4.8% in gt last year.

Its fleet stands at 1,754 vessels amounting to 12.7 million gt, with significant growth outside India.

IRClass has also made progress in winning recognition from flag states, most significantly the US Coast Guard and Malta.