Use of Steel and Aluminium is very well accepted in marine industry. For metallic structures coatings are to be given to prevent corrosion due to salty atmosphere existing in tropical countries. Ship building industry has been concentrating on the application of composite materials as part of ship hulls to build high speed crafts and naval ships. Most of such vessels are made of composite laminates strengthened by stiffeners of various sectional and mechanical properties. The structural parts vulnerable to higher loads in sea operations are paid attention in this paper. In marine field uses of composite materials are increased drastically due to their superior properties such as ratio of strength to weight, improved corrosion, environmental resistance and life cycle cost. It is susceptible to damages under impact load. These damages cause considerable reduction in strength and stiffness. Therefore, the impact response of fiber reinforced laminated composites are to be analyzed. Usually ships are subjected to loads from wave breaking, bottom slamming, bow slamming and stern slamming. In the past there were accidents due to collapse of hatch cover because of wave breaking. In impact loads there are two types namely low velocity impact and high velocity impact. In marine context low velocity impact is more relevant. The deterioration of steel in saltwater is well known since decades. There are advantages if composites are used for ships as structural parts. The designer has to develop alternate composition of composite panel using chemicals addition. He/she should measure the impact strength of the above mentioned panel prepared using chemical additives. It is highly desirable to have a record of the composition of composite panel for most favourable operating conditions.The methodology covers, experimental technique to find impact strength, finite element analysis using the FEM packages ANSYS for static analysis and ABAQUS for impact load analysis. © 2013 Taylor & Francis Group.