India Sets Sail as a Global Shipbuilding Hub, says Vivek Merchant

MUMBAI : 2024 Year End Quote– 2024 has marked a transformative year for India’s maritime sector,” says Mr. Vivek Merchant, Director of Swan’s Shipyard, as he highlights the nation’s growing role in addressing global shipbuilding challenges and the revival of Pipavav Shipyard.

“This year has been transformational for the global shipping industry. As major shipbuilding nations grapple with significant newbuild backlogs and delivery delays, India is emerging as a viable and competitive alternative. The demand for sustainable solutions, hybrid propulsion systems, and eco-friendly shipping technologies has gained tremendous momentum, and Swan’s Shipyard is ready to deliver on all these fronts. Our strategic location, advanced facilities, and cost-effective operations make us a compelling choice for domestic and international stakeholders alike.”

Revival of Pipavav Shipyard:

“With the revival of Pipavav Shipyard, we aim to strengthen India’s maritime sector and position it as a global leader.  Pipavav shipyard, home to the largest dry dock in India, offers state-of-the-art facilities, making it capable of handling a diverse range of projects. Strategically located in Gujarat, near Pipavav Port, we are ideally placed to serve both domestic and international clients, offering cost-effective  and  efficient  solutions. Our commitment to sustainable practices is reflected in our focus on hybrid and green propulsion  ships.We are not just restoring a shipyard; we are unlocking India’s potential to meet the growing global demand for maritime solutions, backed by our skilled and cost-efficient workforce.”