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

People & Company News

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Cargo Container Security Alliance Formed

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of

Knightsbridge Closes Vessel Acquisition Transaction

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction. Knightsbridge has issued 31 million

Shipbuilding

Survey Vessel Delivered to Fugro N.V.

Fugro Pioneer is the second of three vessels to be delivered to Fugro in 2014. Fugro has taken delivery of the second of the three Fugro Offshore Coastal Survey

Mexican Navy Contracts Damen for Two Vessels

Secretaria de Marina orders seventh patrol vessel and a fast crew supplier In August 2014 the Mexican Navy (Secretaría de Marina) and the Netherlands’ Damen

Ferus Smit Building LNG Powered Cement Carrier

The first unique LNG powered ship that Ferus Smit has on order for Erik Thun A.B. will be built and equipped as a dedicated cement carrier. The ship will be delivered to the joint venture JT cement,

Ship Repair & Conversion

BAE Systems Awarded 'USS Hopper' Repair Contract

US Department of Defense informs BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a not-to-exceed $22,905,907 undefinitized contract action to a previously

MN 100: Vigor Industrial

5555 N Channel Avenue Portland, OR 97217 Tel: (503) 247-1777    Email: heather.blahnik@vigorindustrial.com Website: www.vigorindustrial.com President & CEO:

Damen Shiprepair Dunkerque Offers Strategic Advantages

Acquired less than two years ago, Damen Shiprepair Dunkerque is a relatively new addition to the group’s worldwide network of ship repair and conversion yards. Originally called Arno Dunkerque,

Dynamic Positioning

Oceaneering Exercise Charter Options on DP2 CSV

Oceanteam Shipping ASA says that Oceaneering International, Inc. has exercised both one year options on the CSV 'Bourbon Oceanteam 101' up to February 2017. The

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators 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: 0.2257 sec (4 req/sec)