India aims for 5% of global shipbuilding market by 2030

India Set to Secure a 5% Share in Global Shipbuilding by 2030

India is poised to become a major global shipbuilding hub, targeting a 5% market share by 2030. Union Minister Shantanu Thakur outlined a strategy focusing on ten advanced shipyards through public-private partnerships, emphasizing eco-friendly practices, technological innovation, and infrastructure enhancements to support maritime self-reliance and sustainable growth.

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The Rise of Aluminium Shipbuilding: A New Chapter for Indian Ships

Synergy Shipbuilders N Dock Works Ltd., founded in 1988 by Shriram Malik, is transforming India’s shipbuilding industry by embracing aluminium construction. Their strategic pivot in 2013 set them apart, leading to successful projects like high-speed vessels for the Abu Dhabi National Oil Company. The company now aims for global leadership in this innovative sector.

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EcoNavis Solutions and Shipdyn cooperate on novel fuel-reducing Y-hull form

Innovative Y-Hull Promises Major Fuel Savings and Stability

Glasgow’s EcoNavis Solutions has teamed up with Singapore’s ShipDyn to create the Y-Hull design, merging catamaran stability with monohull efficiency. The design features twin forward demi-hulls, improving stability and reducing fuel consumption by 25%. This innovative partnership aims to revolutionize marine applications while addressing environmental challenges in the industry.

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Random Breathalysing Proposed to Strengthen Maritime Safety Regulations

Ben Shenton, former Chair of the Jersey Lifeboat Association, argues that random breathalyser tests could deter maritime operators from sailing under the influence. During a recent hearing, he emphasized that even infrequent checks might promote safer practices. The Economic and International Affairs Scrutiny Panel is reviewing amendments to enhance maritime safety regulations.

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Goa to Establish Maritime Board to Enhance Industry Collaboration

The Goa government plans to establish a maritime board to enhance collaboration between industry and government, streamlining maritime policies. Minister Subhash Phal Desai emphasized its role in promoting maritime tourism, developing coastal infrastructure, and supporting local communities, while prioritizing sustainable practices and green shipbuilding in the face of global environmental challenges.

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