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Shipbuilding is a globalised, technology and capital intensive industry, with high volatility. Shipbuilding is a cyclical industry, where variables like fresh developments in the shipping industry, current market perception, government tax and reforms. Shipbuilding globally is passing through one of the worst phases. Indian shipbuilding is also no exception to this. It is in turbulent waters due to decline in its order book after witnessing a boom time in 2008. In this issue, readers can explore the article on Naval Shipbuilding, Ship Repairs Industry in India, Cost-Effective Ship Repairs, survivability Features in New Ship Design, SmartMarine 3D, etc.

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