Improving the efficiency and competitiveness of European Shipyards is one of the priorities of the HORIZON program, funded by the European Commission. The proper use of computational tools can accelerate this improvement, given that the shipbuilding industry faces a digitalization gap compared to other manufacturing industries. Our proposal is based on the ongoing Smart European Shipyard (SEUS) project, which aims to bridge the digital gap, focusing on integrating available computational tools, and converging into a new platform that enables faster engineering and technical management. This platform intends to provide a holistic approach to product lifecycle management (PLM) for shipbuilding, integrating existing and proven solutions in CAD/CAE with new data-driven technologies to handle shipbuilding knowledge efficiently. The paper presents a link between current challenges and possible ways to tackle them and a summary of the possible impacts this platform can achieve if adequately implemented. The paper closes with a call for peers to contribute to the discussion.