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 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

RS to Exhibit at SMM 2014

Russian Maritime Register of Shipping (RS) announced it will exhibit at Shipbuilding, Machinery and Marine Technology (SMM) International Trade Fair September 9-12, 2014 in Hamburg, Germany.

Green Marine, ACPA Partner to Reduce Environmental Footprint

Green Marine and the Association of Canadian Port Authorities (ACPA) have entered into a Memorandum of Understanding with the goal of jointly expanding efforts

SC Ports’ Earnings, Volumes Surpass Plans

July cargo volumes deliver strong start to new fiscal year SC Ports Authority reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization's financial plan.

Finance

SC Ports’ Earnings, Volumes Surpass Plans

July cargo volumes deliver strong start to new fiscal year SC Ports Authority reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization's financial plan.

GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,

Traders Store Crude for Profit as Contango Takes Hold

Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multimillion dollar bonanza they reaped in 2008-2009.

Megayachts

Triton’s Yacht-based Submersible to Debut in Monaco

New lightweight, low profile Triton 1000/3 LP designed specifically to fit into existing yacht tender garages. Triton Submarines (Triton) announced that it will introduce its newest model,

People in the News

Jacques R. Saadé Visits the CMA CGM Columba

During the CMA CGM Columba call in Beirut, Lebanon, on August 19, Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship.

China Rejects Manila Protests, Laments Detentions

China rejected Philippine complaints on Wednesday about Chinese survey vessels operating in a gas-rich area of Manila's exclusive economic zone, and has lodged

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Middle East

Tanker Carrying Kurdish Oil Reappears Unladen off Israel

A tanker carrying crude oil from Iraqi Kurdistan reappeared unladen on Aug. 19 about 30 kilometres off the coast of Israel, ship tracking data on Reuters showed.

First Two Mooring Boats Launched for Port of Ras Laffan

Nakilat has celebrated the delivery of two 16-meter mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat Svitzer Wijsmuller.

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1206 sec (8 req/sec)