Gulf Craft to Invest, Join Dubai Maritime Council

Posted by George Backwell
Sunday, May 11, 2014
Principals at the meeting: Photo DMC

Dubai Maritime City (DMC) informs that superyacht builders, Gulf Craft, is to invest in Dubai Maritime City and is to join the Dubai Council for Marine and Maritime Industries.

H.E Khamis Juma Buamim, Chairman of Dubai Maritime City and the Dubai Council for Marine and Maritime industries, received H.E. Mohammed Hussein AlShaali, Chairman of Gulf Craft at the Maritime Business Centre to discuss potential cooperation between the two companies in the fields of industry, investment and development of the maritime sector.

DMC explains that the visit comes within the framework of various meetings organized by Dubai Maritime City with senior leaders in the marine sector to discuss avenues for economic & trade cooperation & to open up new markets for members & affiliates of the Dubai Council for Marine & Maritime Industries (DCMMI).

Measures were discussed on the way forward to develop & grow the yacht & boat building sector in the UAE in order to make the slogan “Made in UAE” an instantly & widely recognizable global brand. The importance of cooperation between manufacturers & service providers, regulators & funding bodies represented by the local banks & finance companies & making them aware of the benefits & advantages of the growth cycle in investments, insurance & financing in making this happen were stressed.

H.E. AlShaali stressed the importance of the visit & commented on the mutual benefits of increased investment between the two parties. The City, he said, had several industrial and economic advantages & fundamentals which allowed it to be an attractive investment option including its unique location and, excellent world-class infrastructure.

H.E. Buamim emphasized that the visit was important for forming effective and seamless network relationships with key local companies to facilitate the efficient delivery of services. He stressed on the importance of developing the marine sector & the need for increased cooperation between various parties in the sector to ensure increased & mutually beneficial outputs.

In the picture: Centre - HE Mohammed AlShaali, Chairman of Gulf Craft with HE Khamis Juma Buamim, Chairman of DMC and DCMMI

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MARAD to Host Meeting on Proposed Delfin LNG License

MARAD Announces Public Scoping Meetings for Proposed Delfin Liquefied Natural Gas Deepwater Port Export Facility.   On July 29, the Maritime Administration

Substantial Demand Underscores Need for TIGER Grants

U.S. Transportation Secretary Anthony Foxx has announced that applications to the U.S. Department of Transportation for its seventh round of Transportation Investment

Maritime Museum Christens San Salvador Replica

The Spanish ship San Salvador is the embodiment of California’s origin story. The ship’s voyage in 1542, with Juan Rodríguez Cabrillo at the helm, established California

Finance

Substantial Demand Underscores Need for TIGER Grants

U.S. Transportation Secretary Anthony Foxx has announced that applications to the U.S. Department of Transportation for its seventh round of Transportation Investment

Diana to Acquire Two Post-Panamax Containerships

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated

Intelsat Records $598 mln Q2 Revenue

Satellite services provider Intelsat S.A. has reported total revenue of $598.1 million and net income attributable to Intelsat S.A. of $60.2 million, or $0.47 per common share on a diluted basis,

Megayachts

Barcelona Yacht Repairer Adds New Shiplift

Yacht service, refit, repair and maintenance yard Marina Barcelona 92 (MB’92) has awarded a contract to Pearlson Shiplift Corporation (PSC) for the design and supply

AAM, UNH in Vessel Design, Construction Pact

All American Marine, Inc.(AAM) together with the University of New Hampshire (UNH) are pleased to announce a contract for the design and construction of a new aluminum catamaran research vessel.

Alia Launched the 41m Superyacht Rüya

Turkish shipyard Alia Yachts has launched the 41.29 metre full-displacement motor yacht Rüya. She is a tri-deck sub-500 gross tonne motoryacht that was built in

People in the News

Redesigned LaGuardia Airport to Include Ferry Terminal

The Port Authority of New York and New Jersey and Delta Air Lines are set to overhaul New York’s notoriously outdated and publically criticized LaGuardia Airport,

Oregon Bridge Danglers Hope to Delay Shell's Arctic Drilling

Protestors rappelled off a bridge in Portland, Oregon on Wednesday hoping to delay Royal Dutch Shell's Arctic oil exploration this summer by blocking the return

DSM Dyneema Names President’s Successor

Gerard de Reuver has elected to step down as President of DSM Dyneema on August 1, 2015 after five years in the post, the company announced today. He will be succeeded by Golnar Motahari Pour,

Middle East

New Suez Canal Ready for Business

Suez Canal Authority (SCA) chairman Mohab Mamish officially called on international maritime navigation lines to use the New Suez Canal, scheduled to be inaugurated August 6.

Egypt to Allow 24-hour Access to East Port Said with New Waterway

Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal,

Work Begins on $1.6 bln Container Terminal at Jebel Ali Port

DP World Chairman Sultan Ahmed Bin Sulayem announced the start of construction work on a brand new container terminal at Jebel Ali Port, Dubai.   Phase 1 of the

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4876 sec (2 req/sec)