The European ship maintenance, repair and conversion sector: a resilient and competitive Industry

The Committee points out that despite it promising opportunities, the on-going crisis means that ship owners and Ship Maintenance, Repair and Conversion (SMRC) shipyards are facing financing bottlenecks making business conditions difficult for companies and ever greater competition from third countries. SMRC sub-sector should work closely with the maritime value chain with the aim of raising its profile and obtaining support from the EU, the Member States and regions.