Drydocks World Chairman to Participate at Mare Forum
Drydocks World and Maritime World, one of the largest and most diversified shipyards in the world, announced that Chairman Khamis Juma Buamim, will participate in the Mare Forum, Rome, Italy where he will deliver a keynote address. The theme of the forum “Quo Vadis” (Where are you going?) is significant to the issues that will be raised during his address.
This high profile annual event attracts a wide participation representing a global and diverse section of the maritime & offshore community including ship-owners, CEOs of shipping and transportation companies and multinational trading and brokerage companies, besides key investors and consultants, oil companies and offshore services, insurance and reinsurance companies, international concept and design firms, entrepreneurs from both the government and private sectors, classification societies, financial institutions, industry regulators and the media.
In his address Mr. Buamim will highlight the growing importance of the UAE in developing the various sections of the maritime & offshore industries and business. He will stress the crucial role played by the UAE in general and Dubai in particular in connecting the various economies, including the emerging markets on a canvas stretching in every direction. He will explain the progression made by the maritime and offshore sector in Dubai, as well as its value added contribution to the industry in the country and worldwide.
Mr. Buamim will highlight some of the recent and futuristic initiatives and achievements of Drydocks World and Maritime World and the activities undertaken by industry leaders in the maritime and offshore business. He will expand on the practicalities in formulating strategies and business plans for the sector in the light of managing risk and global economic variables.
During his briefing, Mr. Buamim will present certain major initiatives which will enable discussion during the Forum’s deliberations. These will include Drydocks World success in its business restructure and the role of industry leaders in visualizing and managing change. Regulatory intervention in terms of the review of archaic and stereotypical legislation, formulating initiatives to encourage the growth of the sector and avenues for attracting increased direct investment in the light of major changes in the economic policies of the OECD countries will also be raised.
The story of Dubai’s growth, renaissance and constant forward thinking will be described including the leadership and vision provided by HH Sheikh Mohammed Bin Rashid Al Maktoum Vice President and Prime Minister of the UAE and Ruler of Dubai. This vision which exemplifies the ‘can do’ attitude of Dubai is based on ‘Turning impossibilities into opportunities’ and embraces a philosophy which simply states- “We think, We deliver’. This vision and thinking of Dubai’s leaders is a perfect example of what is needed to encourage and enhance the growth and influence of the maritime, marine and offshore business in any economy.
“In order to be at the forefront, we have to read the pulse of the industry and proactively develop programs that will eventually direct the future of the industry. We have established the Dubai Council for Marine and Maritime Industries which brings together key players in the industry. This Council, which creates a wide network of like minded industry representation, will provide the impetus necessary to drive new initiatives and programs to strengthen the industry. The Dubai Maritime Green Initiative is a case in point. This initiative will focus the community’s attention towards environmentally sustainable measures and seeks to arrive at specific projects in collaboration with global players,” Mr. Buamim statement to the Forum.
During his address Mr. Buamim will also emphasize the business strategy and recent world leading projects handled by Drydocks World and Maritime World. These include the Dolwin Beta, the HVDC Offshore Wind Energy Platform for Germany, the Prelude FLNG Turret for shell Australia, the Solan subsea oil storage Facilities in the United Kingdom, the underwater Discus hotel and the MCV conversion projects of the Eagle Louisiana and the Eagle Texas for the United States of America.