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Photo credits | Maldives Marine Industry Forum

Male’, Maldives, 08th July 2024 – The Maldives Marine Industry Forum 2024 (MMIF’24) celebrated the successful conclusion of its second edition on July 6, 2024, at Meerumaa, Malé. This year’s event marked another significant milestone in the marine industry, attracting high-level decision-makers and key stakeholders from both the private and government sectors.

Organized by MEDIUM Events Pvt Ltd and endorsed by the National Boating Association of Maldives (NBAM) and the Maldives Marketing and Public Relations Corporation (MMPRC), the forum underscored its critical importance to the local marine industry. The event was made possible through the generous support of esteemed sponsors, including Maldives State Shipping (MSS) as the Gold Sponsor, and Silver Sponsors Allied Insurance (Insurance Partner), Ocean Group, Alia Investments, Hassan Marine Engineering Solutions (HMES), and Kuehne + Nagel.

The forum featured a series of insightful panel discussions on pivotal topics affecting the marine industry. Discussions on maritime cargo management and regulations addressed significant challenges faced by Maldives Ports Limited (MPL), such as infrastructure limitations, bureaucratic inefficiencies, and capacity constraints. Solutions focused on infrastructure upgrades, process optimization, and workforce training to enhance efficiency and service delivery.

Panelists discussing the Maldives as a liveaboard destination offered valuable insights and actionable recommendations to enhance the Maldives’ position as a premier liveaboard destination. They highlighted necessary policy changes and government support measures to boost the liveaboard tourism sector, emphasizing the importance of addressing regulatory barriers to unlock the industry’s full potential.

The next phase of boat building was another focal point, with discussions on the shortage of skilled labor in the Maldivian boat building industry. Comprehensive capacity-building programs were outlined to equip local talent with essential skills. The panel provided a vision for the future of boat building in the Maldives, emphasizing innovation, cultural heritage preservation, and sustainable growth.

Challenges faced in marine after-sales and spare parts import procedures due to regulations from Maldives Customs Service and Maldives Ports Limited were also discussed. Experts shared experiences and suggested improvements to streamline these processes, ensuring smoother operations and reduced delays. Topics included supply chain management, marketing strategies, training programs, and the role of insurance in the marine sector.

The success of MMIF’24 is a testament to the collective efforts of all attendees, speakers, and sponsors. Destination Future extends heartfelt gratitude to everyone involved for their invaluable contributions. The forum not only provided a platform for addressing current challenges but also set the stage for future advancements in the Maldivian marine industry.

The Maldives Marine Industry Forum looks forward to welcoming everyone next year for another impactful edition.

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