34.maritime industry

Dubai Maritime City's state-of-the-art development will act as a nucleus for maritime businesses from six core sectors viz. Maritime Services, Marine Management, Marine Product Marketing, Marine Research and Education and Ship Design and Manufacturing.

The announcement of Dhs 650 Million Dubai Maritime City, another landmark project of Dubai, well designed to become an enduring symbol of progress, convenience and magnificence, by engineering a perfect integration of every aspect of marine industry in Dubai, early this month, adds one more The 25 million square feet man made peninsula, situated between Port Rashid and Dubai Dry Dock will be the first Maritime Development of its kind, providing every element of infrastructure for key marine related industries in the worldbrilliant chapter in Dubai's incredible success story. "Dubai Maritime City is a visible manifestation of H.H. Sheikh Mohammad Bin Rashid Al Maktoum's vision of creating a global maritime hub in Dubai," said Sultan Ahmad Bin Sulayem, executive chairman of the Ports, Customs and Free Zone Corporation on the occasion of this historic announcement.

The city will feature an integrated and modern set of facilities to serve maritime institutions including offices, warehouses, showrooms, exhibition halls, dry docks, museum, marine academy with an oceanographic research center etc.

Dubai Maritime City has the potential to host an array of Marine Service Companies ranging from ship classification, safety standard verification, onshore and offshore ship catering and supply services and ship repair and maintenance services. Nearly 5000 major regional maritime companies are operating in Dubai at present.

Marine Management Services companies in Dubai Maritime City will range from cargo vessels & life insurance agencies to legal businesses specializing in consultation, legal advice and marine domain lawyers, ship registration and global inspection houses, safety and damage assessment firms and various other similar entities are all but a fraction of the enormous marine management market.

Marine Product Marketing sector includes marine exhibitions, trade shows and media information groups, international trade seminars, ship shows and more.