Mumbai, 30th August 2024: Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy, and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding, Machinery, and Marine Technology trade fair), the world’s leading maritime trade fair, scheduled to take place from September 3 to September 6, 2024, at Hamburg, Germany. SMM Hamburg 2024 will serve as a strategic platform for SEL to showcase its robust shipbuilding and heavy engineering capabilities, after its recent management control of Pipavav Shipyard, India’s largest shipyard.
SEL’s presentation, scheduled for 3:40 PM CET on September 3, 2024, will highlight its state-of-the-art infrastructure, emphasizing its ambition to become a leading player in the global maritime industry.
Strategic Importance of Participation
This participation is a pivotal moment for SEL as it seeks to strengthen its position across the global maritime landscape. The company’s efforts are aligned with India’s Maritime India Vision 2030, which aims to elevate India’s shipbuilding and repair sector to the top 10 globally, and the Maritime Amrit Kaal Vision 2047, which aspires to place India among the top 5 globally.
Commenting on the participation, a spokesperson from Swan’s Pipavav Shipyard said, “SMM Hamburg 2024 is an ideal stage for us to demonstrate our strengths in shipbuilding and heavy engineering. Our presence at this prestigious event will help us forge stronger connections with the international market, thereby enhancing India’s share in the global shipbuilding industry. With Pipavav Shipyard under our wings, we are poised to significantly boost India’s shipbuilding capacity, contributing to the nation’s self-reliance and establishing it as a global hub for shipbuilding and heavy engineering.”
Global Significance of SMM Hamburg 2024
SMM Hamburg 2024 is expected to host about 50,000 visitors from over 120 countries. At the four-day show, more than 2,000 companies will showcase groundbreaking innovations in maritime technology and sustainability, reflecting its reputation as a global hub for maritime advancements. Historically, SMM has been a launchpad for pioneering technologies and strategic industry partnerships that shape the future of shipping.
The 2024 Tradewinds Shipowners Forum, a key highlight of the event, will focus on sustainability and digital transformation in shipping. This forum will feature influential voices from around the world, continuing its legacy of facilitating high-impact discussions and fostering collaborative industry solutions.