Page 28 - Grandweld PR Report - May 2025
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Grandweld Shipyards to underline maritime innovation at ‘Make It In The Emirates Forum 2025’ – WWW.kl-alarab.com
Dhabi. This comes in response to the growing maritime activity and the
increasing need for advanced local capabilities, as the UAE’s strategic
location and pivotal role in global trade continue to drive demand across
the sector.
According to industry forecasts, the UAE’s shipbuilding output is expected
to amount to USD 423.01 million in 2025, with a robust CAGR of 3.47 per
cent from 2025 to 2029, while the country’s Offshore and Commercial
Ship Repair market is estimated to reach USD 802.3 million by 2031,
reflecting the immense growth and value creation potential within the
sector. Grandweld’s continued investment in innovation and sustainability
positions it as a key contributor to the UAE’s ambition of becoming a
global maritime powerhouse. The company aims to support and
strengthen the UAE’s growing maritime infrastructure by delivering
future-ready ship design, shipbuilding, and repair solutions, in line with its
steadfast commitment to the “We the UAE 2031” vision.
At the forum, a diverse portfolio of vessels across key sectors such as Oil
and Gas, Military, Tugs, Ports and Harbours, Autonomous Vessels,
Passenger Transportation, and Crew Boats will be showcased by the
company.
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