The Marine & Offshore market segment is one of the key industries for our island, which is yet to grow to its full potential. Sri Lanka is blessed with several competitive advantages, compared to other regional countries that are reaping very lucrative benefits and strongly positioning its self for future opportunities.
Traditionally the Marine & Offshore Market segment focuses on catering the demand for ship repair, shipbuilding, Oil & Gas rig building/repair/servicing/offloading-loading, offshore engineering, oil field equipment manufacturing & servicing, catering marine & engineering services for the offshore support vessels and assets.
The Marine and Offshore Engineering market includes the engineering of various types of vessels and marine assets from boats, ships, oil rigs, structures, platforms as well as oceanographic/ ocean engineering, etc.
Sri Lanka is able to provide integrated services for the global clients such as oil industry / sub-sea related services, services for offshore renewable energy sector, services for Liquefied Natural Gas (LNG) sector, oil & gas rigs manufacturing and repairing, ship repairing and other services, services for ship lay-up, Marine engineering services for offshore support vessels, etc.
There is a great potential to build and expand Sri Lanka’s capacity and capabilities by helping the local industries to unlock this lucrative market and explore its true possible opportunities, if properly structured and focused attention is given with continuous support and encouragement.
Sri Lanka’s multitude of offshore and marine services consist of ship and boat repair services, mini-hydropower generation services, hydraulics engineering services, telecommunication services, geo/ bio, and environmental engineering services, and power and energy services.