Page 32 - Grandweld PR Report - May 2025
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Latest News
Grandweld Shipyards to underline maritime
innovation at ‘Make It In The Emirates Forum 2025’
14/05/2025
• The company marks over 40 years of successful operations in the UAE • The UAE’s
shipbuilding output is expected to reach USD 423.01 million in 2025, with a robust CAGR of
3.47 per cent from 2025 to 2029. • The UAE's Offshore and Commercial Ship Repair market
is estimated to reach USD 802.3 million by 2031.
May 13, 2025: Grandweld Shipyards, a leading fully integrated shipyard within the maritime and offshore
industries, will highlight cutting-edge ship design, shipbuilding, repair and conversion capabilities, with a strong
emphasis on sustainability and technological advancement, at the ‘Make It In The Emirates Forum 2025’, taking
place from May 19 to 22 at ADNEC, Abu 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
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