Mubarak to Build New Shipbuilding Facility in Dubai

Marinelink.com
Wednesday, July 17, 2013
Mubarak Shipyard

Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million.

 

This complex will enable Mubarak Marine to establish their headquarters as well as a major marine workshop and maintenance facility. The agreement is in keeping with the overall promotion and development of business relations and national and foreign investments of companies which are based in the City.



The Maritime City has witnessed an increasing number of local and international organizations moving into the City. The City which is one of the largest man-made multi-purpose developments in the world is strategically located close to the heart of Dubai which is one of the most rapidly developing maritime centres in the world.



The project which is located within the Marine District of DMC is a district which covers an area of 106 hectares and comprises of pre-built industrial property, ship repair & building plots, yacht repair & manufacturing plots, retail units, offices and ship yard facilities and services.



DMC undertakes a continuous development of infrastructure and multi maritime facilities all of which are geared towards improving the business opportunities and investments for long term diversification of income sources. DMC also offers a wide variety of support services and assistance to business establishments for easy set up and rapid growth.
 


His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World said, “DMC offers a business-friendly atmosphere and all of the facilities that business and trade establishments rely on for easy unhindered growth, something which Dubai is well-known for. In addition, the strategic location at the gateway to Middle East, North Africa and Asia helps in establishing business ties with companies within and outside the region. We are delighted that a well-known company such as Mubarak Marine has chosen decided to further their operations from the city, this will definitely fuel the growth of the repair and maintenance sector and also direct attention to the important role played by the City in facilitating maritime activity both regionally & globally.”  



Mr. Juma Mubarak, CEO of Mubarak Marine Group said, “Dubai Maritime City encourages the growth of the ship repair and maintenance sector by providing excellent infrastructure, logistical support, ready hassle-free set up all of which are pre-requisites for achieving faster Return-on-Investment. The opportunities within the City for networking, building, growing and sustaining a business are immense and we hope to capitalize on this.”



DMC is widely recognized and has been awarded the Silver Category Rating for adherence to strict environment friendly measures, optimization of marine manufacturing facilities and world class Green building technology and techniques. This award has been received from the Global Green Building Rating System which is a certification of independent verification that a building arena meets the highest green construction and performance requirements. In addition, DMC works closely with Drydocks World – Dubai under a strict system of “Zero Harm to the environment, health, safety and security” campaign to achieve its environmental conservation objectives.


 

 

 

 

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

People & Company News

MN 100: Gencorp Insurance Group

The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean.

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

Shipbuilding

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Ship Repair & Conversion

Exhaust Gas Scrubber Guide Updated

An updated version of the “Exhaust Gas Cleaning Systems Selection Guide” is now available, the U.S. Maritime Administration (MARAD) announced today.   Developed

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Dynamic Positioning

Shell Charters Regalia in 2016

Prosafe announced it has signed a contract worth approximately $24 million with Shell U.K. Limited for the provision of the Regalia semi-submersible accommodation

HKND Awards Contract for Survey for Nicaraguan Canal

HKND Group, concessionaire of the Nicaragua Interoceanic Grand Canal project, signed an agreement with international geological and resource consultancy CSA Global

Work Maintenance Vessel Delivered to Otto Marine

Otto Marine Limited, an offshore marine company, announced that further to a long-term bareboat charter contract that was secured in June 2015, it has taken delivery

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
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: 0.3080 sec (3 req/sec)