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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

Shipbuilding

Hyundai Bags NZ Defence Order

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has won an order to build a 23,000 ton class logistics support vessel for New Zealand Defence

LNG: Did the Greeks Get it Wrong?

In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the

Ithaca’s FPF-1 platform to be moved to Stella field

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.

Ship Repair & Conversion

NASSCO Bags USS Oak Hill Modification Award

General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51).

IRClass First to Certify Indian Recycling Yards per EU Standard

IRClass is amongst the first organizations in the world to certify ship recycling yards according to EU standards as an ‘Independent Verifier’. IRClass Systems and Solutions Pvt.

Drydocks World Conforms to FPC under EU Regulation

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors has successfully been certified to European Standards EN 1090 – 1 and EN 1090-2.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion 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: 0.1164 sec (9 req/sec)