Andhra Pradesh is positioning itself as a prime shipbuilding investment destination at the India Business Roundtable during SMM Hamburg. Secretary Kona Sasidhar highlights the state’s strategic coastal location, strong industrial base, and favorable business climate to attract global shipowners and manufacturers, emphasizing a robust infrastructure and supportive policies for investors.
Garden Reach Shipbuilders & Engineers (GRSE) Ltd. has strengthened its technological capabilities by signing a memorandum of understanding with Damen Technical Cooperation B.V. at the SMM Hamburg Maritime Trade Fair. This collaboration focuses on advanced dredger design and construction, enhancing GRSE’s competitiveness in the global dredging market while addressing India’s growing needs.
AYK Energy is set to unveil the world’s first swappable containerized marine battery system at SMM in Hamburg next month. This groundbreaking technology simplifies marine battery installations and operations, allowing for flexible setups. The system caters to various vessels, promoting efficiency and reducing emissions while meeting EU electric requirements.
