Page 8 - Grandweld PR Report - May 2025

Press Release

Contributing to UAE’s growth and innovation

Grandweld Shipyards to underline maritime innovation at

‘Make It In The Emirates Forum 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 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.