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Dubai Maritime Authority: Up to 12% growth rate of companies operating in the maritime sector in Dubai – Business – Economy and Finance

by The Novum Times
18 May 2023
in Middle East
Reading Time: 2 mins read
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• Adel Kalantar: Sensible options to deal with the challenges associated to delivery and provide chains

The Dubai Maritime Authority on the Ports, Customs and Free Zone Company revealed that current statistics for the primary quarter of 2023 point out a rise within the share of firms working within the maritime sector by as much as 12% in comparison with final 12 months, this got here through the Authority’s participation within the actions of the UAE Maritime Week by way of the 2023 version of Seatrade Maritime Logistics Center East on the Dubai World Commerce Heart underneath the patronage of the Ministry of Power and Infrastructure.

Adel Abdul Wahed Kalantar, Director of the Maritime Enterprise Improvement Division on the Dubai Maritime Authority, mentioned that the Seatrade Convention for the Maritime and Logistics Sector within the Center East is a crucial alternative to deliver collectively the leaders and pioneers of the maritime sector collectively to reinforce channels of economic communication and develop the maritime and logistical sector with the participation of quite a few senior marine specialists from all around the world throughout the Center East and North Africa area to offer sensible options to urgent points; foremost amongst them is going through challenges associated to delivery and provide chains.

Kalantar defined that the efforts of the Dubai Maritime Authority contributed to establishing a novel imprint by reaching pioneering achievements within the maritime sector in a report time, the newest of which was the announcement of Directive No. 1 on Transparency of Native Sea Container Prices in Dubai, in response to which all service suppliers to speak in confidence to the Dubai Maritime Authority their native charges for sea containers by way of the safe unified window of the Dubai Commerce Portal, which was issued in response to the partnership program with strategic companions launched by the Dubai Maritime Authority at the start of this 12 months.

Kalantar identified that with Dubai changing into a significant participant within the regional and international maritime trade, the authorities involved with the maritime sector should take a step ahead to make sure that Dubai stays the very best vacation spot on the earth for doing enterprise. The Maritime Authority seeks, by way of the powers granted to the Dubai Maritime Authority underneath Regulation No. (3) of 2023, to manage the maritime sector within the Emirate of Dubai, in addition to to observe maritime security within the Emirate, by specializing in 4 major areas associated to registration, licensing, and inspection, and accreditation.”

 

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Tags: AuthorityBusinesscompaniesDubaiEconomyFinancegrowthMaritimeoperatingRatesector

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