The VSM represents the political and commercial interests of the German maritime industry, comprising shipyards building oceangoing and inland waterway vessels as well as marine equipment suppliers, classification societies, ship model basins and engineering consultants. The responsibilities of the association include providing members with specialist advisory and support services and representing their interests in public and vis-à-vis political institutions. The VSM also promotes technical and commercial development in the shipbuilding and ocean industry in Germany and abroad. The Association represents its members nationally and internationally.