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Indian Register of Shipping (IRClass), a leading classification society, has announced the formation of a special purpose vehicle – ‘Centre of Excellence in Maritime and Shipbuilding’ (CEMS) in association with Ministry of Shipping and Siemens. In view of demand of various industries within the maritime sector, the current market scenario and the effect and needs of Sagarmala projects (to bridge the skill gap and for up skilling of the current workforce) the need for a Centre of Excellence (COE) in shipbuilding and maritime sector was strongly felt. The Centre of Excellence will primarily cater to the need for design of commercial ships in India for seagoing, coastal and inland waterways operation. This would support various Indian shipyards for their ship design needs for basic design and detailed working design for production. The centre will also study the market needs and develop appropriate ship designs catering to the requirements for the developmen...