Chevron Shipping Awards Oil, LNG Contract to GAC
US-based Chevron Shipping Company (CSC) has awarded the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s status as Chevron’s exclusive global agent in a partnership that spans more than 20 years, more than 15 of which have seen GAC as its sole global agent. Operations will be overseen by GAC Hub Agency offices in Dubai, Houston and Singapore with support from GAC’s network of offices and approved agents worldwide.
Dubai Eyes 1 Million Cruise Tourists
Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation. The increase will mostly come from beefing up infrastructure at the region’s largest cruise terminal, Mina Rashid, which will also include building a marina for luxury yachts. The government is investing heavily to transform its most popular port, Mina Rashid, into a world-class cruise destination.
DP World, India’s NIIF to Create USD 3 bln Investment Platform
The National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund, and Dubai-based ports operator DP World have announced the creation of an investment platform to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India. The partnership follows the Memorandum of Understanding (MoU) signed in May 2017 and the visit to India of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, in February 2016.
Dubai Offshore Oil Fields Transition to New Operator
The Government of Dubai and Dubai Petroleum Company (DPC) announced a joint agreement that will change the operating arrangements for Dubai offshore oilfields. Effective April 2007, DPC will end its role as operator, marking the end of Dubai's first offshore oil concession and the beginning of a new phase in which the Emirate of Dubai will directly control its offshore oil resources. DPC is wholly owned by ConocoPhillips and part of the DPC/Dubai Marine Areas Limited (DUMA) consortium involving interests from Total (France), Repsol YPF (Spain), RWE Dea AG, a subsidiary of RWE AG (Germany) and Wintershall AG, a subsidiary of BASF (Germany).
DMCA and Civil Defence Discuss Dubai Maritime Strategy
Move aimed at promoting role integration in driving maritime sector development. Dubai Maritime City Authority (DMCA) recently held a joint meeting with officials from the Directorate General of Civil Defence – Dubai to discuss the latest developments in implementing the Dubai Maritime Sector Strategy (MSS) which is the first step aimed at achieving a radical change across the local maritime industry and ultimately positioning Dubai as a leading international maritime hub. The…
Dubai Maritime City Ends Cruise Season With Safety Drill
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has announced that the Cruise Ship Emergency Response Task Force, convened in September, 2011, to address the challenges presented by the introduction of ever larger cruise ships to the UAE waters, hosted the first cruise sector mass casualty table top exercise and drill last week. The Task Force, comprised of federal and local emergency responders…
DMCA Evaluates "Serenade of the Seas"
Dubai Maritime City Authority (DMCA) conducted an evaluation meeting to analyze the results of the recent Ship Board Fire Drill conducted on Serenade of the Seas a cruise ship currently berthed in Dubai’s Mina Rashid Cruise Terminal. The meeting saw extensive participation by representatives from the entities involved in the drill, where they looked into the performance and strengths of the Cruise Ship Emergency Response Task Force and pointed out areas requiring further attention in order to maximize safety for both passengers and crew. The evaluation is part of broader efforts by public and private entities to improve emergency procedures and promote maritime safety standards, in line with a common vision to promote a safe and highly developed maritime industry in Dubai.
Dubai Drydocks World Established
Dubai World has consolidated its drydocks and maritime business by bringing Dubai Drydocks, Al Jadaf Shipyard, Platinum Yachts FZ and Platinum Yacht Management under a single umbrella - Dubai Drydocks World (DD World), a statement said. Dubai World, which runs DP World, the world's third largest port operator, yesterday announced the establishment of Dubai Drydocks World (DD World) to consolidate the dry docks and maritime sector of the organisation. All of these business units have aligned activities, which involve ship repair, conversion and ship building. Dubai Drydocks, a Dubai government-owned entity, has been operating since 1983 and has grown from humble beginnings into a world leader in the ship repair and conversion business.
Dubai Maritime Club Launched
The Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, has committed its full support for the Dubai Maritime Club, a not-for-profit initiative aimed at nurturing a dynamic network of maritime professionals. Launched in collaboration with DMCC (Dubai Multi Commodities Centre), the authority on trade, enterprise and commodities in Dubai, the Club will facilitate regular meetings for members irrespective of the location of their activity…
DMCA Seeks Best Safety Practices
Dubai Maritime City Authority meets jet ski operators to discuss ways of improving maritime safety in line with best practices. As part of the continuous cooperation between various public and private sector entities in Dubai, Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, recently met several jet ski companies and agencies in Dubai. This initiative reflects DMCA’s keenness to implement best practices and get a comprehensive understanding of the requirements of the private sector…
Magufuli Bans Registration of Foreign Ships in Tanzania
Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity. The ban came after at least five foreign-owned ships flying Tanzania's flag were seized in various parts of the world carrying illegal consignments of weapons and narcotics. The maritime authority in the Indian Ocean archipelago of Zanzibar has in previous years been…
Dubai Maritime City Signs Land Lease With Dubai Shipbuilding
Dubai - Dubai Maritime City, the center for maritime activity in the Middle East region, announced today that it has signed a Land Lease agreement for 25 years with ship repair and building entity, Dubai Shipbuilding. The Agreement was signed by Sheikh Juma bin Thani bin Juma Al Maktoum, Executive Director – Business District, Dubai Maritime City, and Bader Moh’d Obaid bin Mubarak, Deputy Chairman, Dubai Ship Building. The area of the land is over 11,196 sq. m. and is a Ship Repair Plot within the Business District of Dubai Maritime City. “We continue to strengthen our operations in Dubai Maritime City, since the formal launch of the Maritime District last year. This partnership will help us take greater strides in promoting the region as a global maritime hub.
Dubai Maritime Sector Showcased for Greek Shippers
In line with its efforts to promote the local maritime sector’s competitiveness globally, Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, recently organized a seminar for the ship owning and operating companies of Greece. The event highlighted Dubai’s emergence as one of the world’s leading maritime clusters, showcasing the most prominent investment opportunities available within its maritime sector as well as the numerous benefits it offers to the Greek companies working in the sector.
DMCA Moves Forward with Maritime Safety Policy
The Dubai Maritime City Authority (DMCA) is proceeding with the implementation of its Maritime Safety Policy as part of the first-of-its-kind maritime sector strategy’s initiatives for developing, organizing and promoting Dubai’s maritime industry. The new policy reflects the commitment of local government authorities to providing all forms of support to consolidate Dubai’s position as a leading global maritime hub. It will promote maritime development and safety by requiring higher levels of operational performance and advanced…
DMCA Briefs ‘Sea Dubai’ Initiative
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) praised the ‘Sea Dubai’ initiative launched by the Dubai Maritime City Authority (DMCA). He described the initiative as instrumental to leveraging the cooperation between key stakeholders in the maritime business in public and private sectors towards boosting the competitiveness of Dubai as a prominent global maritime leisure destination. Receiving Amer Ali…
Dubai Maritime City Launch Sustainability Program
Dubai Maritime City has launched a strategic initiative to focus on the sustainable future of the Emirate’s maritime industry in cooperation with Dubai Supreme Council of Energy. Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has announced that it has initiated the Dubai Maritime Sustainability Program (MSP) in collaboration with the Dubai Supreme Council of Energy and DP World.
Progress Reviewed in Dubai Maritime Sector Strategy
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has recently reviewed the progress in the implementation of the new Dubai Maritime Sector Strategy (MSS) which is poised to develop, regulate and promote the industry that will ultimately position Dubai as a first-class international maritime hub. This follows a special workshop that was held recently at DMCA’s headquarters…
DMCC, DMCA to Promote Dubai’s Maritime Sector
DMCC has signed a Memorandum of Understanding (‘MoU’) with the Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The MoU provides a collaborative framework for DMCC Free Zone and Dubai Maritime City Authority to work toward this goal, and will also jointly explore the development and implementation of m-Government initiatives relevant to the maritime sector in Dubai in accordance with the Dubai Smart Government initiative.
Clarksons Platou's Inaugural Seminar at DMCA’s Dubai Maritime Week
The Dubai Maritime City Authority (DMCA) is set to facilitate a first-of-its-kind seminar dedicated to Middle East shipping and offshore activities. The event will be conducted by Clarksons Platou, a global leader in maritime brokerage and investment banking, as part of Dubai Maritime Week 2016 – the third edition of the region’s first comprehensive maritime event organized by the Authority, which will run from October 30 to November 3. The seminar is expected to attract several prominent regional and international industry figures and further reinforce Dubai’s growing popularity as a hub for major maritime events. Clarksons Platou’s inaugural ‘Middle East Shipping & Offshore Seminar’ will be held at the Dubai World Trade Centre on Monday October 31, 2016.
Dubai Maritime Week
Dubai Maritime City Authority has announced that it will organize the ‘Dubai Maritime Week’ starting from 2010, as part of a series of initiatives designed to support the development of the UAE and region’s maritime sector. The region’s first-of-its-kind event will be co-organized by Dubai World Trade Centre, one of the largest exhibition organizers in the Middle East and owner of Dubai International Boat Show, the region’s largest and most prestigious boating event. The “Dubai Maritime Week” will include seminars…
Dubai Finishes Buying P&O
Reports indicate that Dubai Ports World, a state-owned international port operator, cleared its last major hurdle yesterday in acquiring a British company that helps run several U.S. terminals the companies said yesterday. The acquisition of Peninsular & Oriental Steam Navigation Co., whose shareholders agreed yesterday to accept Dubai Ports World's offer of 3.9 billion pounds, or $6.8 billion, in cash, would create the world's third-largest port operator, with 51 terminals in 30 countries. It will also give the aggressive Dubai a larger foothold in the booming trade between Asia and the United States. P&O officials have said they expect the company to be run separately out of London and do not expect changes in U.S.
Final Stage of Dubai Maritime Sector Strategy Begins
Government and non-government entities working in the maritime sector of Dubai and associated with it, are reaching the final stages of the development of a comprehensive, first-of-its-kind maritime sector strategy (MSS) for the Emirate. The MSS will help Dubai lay the foundation for the creation of a sustainable and competitive maritime offering that will position Dubai at par with world leading maritime centers. In a meeting that was held recently at the headquarters of Dubai Maritime City Authority by representatives from the strategy development teams involved in the project…
DMCA Readies for International Boat Show
As part of its role as the government entity supporting Dubai International Boat Show 2017, the Dubai Maritime City Authority (DMCA) is taking all the necessary measures to ensure the issuance of marine licenses to boats visiting and participating in the 25th edition of the Middle East’s biggest maritime event taking place at the Dubai International Marine Club, Mina Seyahi from February 28 to March 4, 2017. The Authority is issuing marine licenses valid for three months and renewable onwards which authorize crafts to sail and dock in the territorial waters of the Emirate of Dubai…