DMCA Celebrates Another Emirati Achievement Across the Global Maritime Industry

Dubai Maritime City Authority (DMCA) celebrated an Emirati achievement throughout the international maritime industry and extended its congratulations to Saeed Al Malik who has been elected as the new Chairman of the International Shipsuppliers & Services Association (ISSA). Winning by an unanimous number of votes, Al Malik is the initial Arab nationwide to hold the ISSA's leading blog post. He will change the incumbent Chairman, Singaporean Abdul Hamid Al Hajji, and will certainly offer for 3 years beginning in 2018. Al Malik's triumph stands for a solid press in the UAE's candidateship for Category B subscription into the International Maritime Organization (IMO) Executive Council.

Al Malik, that also presently acts as the Head of the UAE National Ship Providers Organization (UNSSA) was chosen for the setting throughout the organization's 62nd Yearly Convention, which was kept in Athens, Greece.The ISSA convention was participated in by participants originating from all parts of the world, extensively composed of decision-makers, leaders and maritime professionals. The two-day occasion was also participated in by top Greek federal government officials and mediators, including His Excellency Sultan Majid Al Ali, UAE Ambassador to Athens, Greece.

Amer Ali, Executive Director, DMCA, expressed his satisfaction in the UAE's new accomplishment, which verifies the high international confidence placed in the local maritime collection. He stressed that the selection of Saeed Al Malik as the new chairman of the ISSA stands for a solid boost to the unified initiatives to place the UAE amongst the world's leading maritime capitals.

He said, "The election of Saeed Al Malik as the Chairman of ISSA is a deserving achievement. He is leading the efforts of the UAE National Ship Providers Organization to improve the competitiveness of UAE companies involved in the supply of vessels at the regional and international levels, based on solid pillars of quality, effectiveness and excellence. There is no doubt that choosing Al Malik as the initial Arab to head the international company gives pride for everybody. We are positive that he will undoubtedly bring in remarkable advancement to the ship providing sector throughout his three-year term."

Meanwhile, Saeed Al Malik, newly elected Chairman of the ISSA and President of the UNSSA, mentioned, "I am the first Arab to assume this placement and I am genuinely honored to be a representative of the UAE and Arab countries. I am eagerly anticipating heading the ISSA's initiatives and programs that are aimed in the direction of protecting the passions of IMO's members, provide shopping services to its 1800 members and supply them with the essential legal and financial protection services."

Al Malik likewise added, "The goals if ISSA, which operates in 42 countries, are to protect the passions of IMO's members in the Maritime Sector, Customs and the Tax Obligation Authority. There has been terrific success in reaching a contract with the IMO to fix conflicts and problems connected to vessels stated bankrupt or distressed."

Al Malik explained that the UAE belongs to the IMO considering that 1996, and the signing up with project was sustained by Dubai Ports back then, mentioning that the UAE National Assembly up was including 12 participants which come to be 24 today.

"I plan to call upon the Federal Tax Authority to think about the cancellation of the value added tax (VAT) and customizeds obligations on products provided to the ships as they travel. I wish to reach a contract after reviewing this issue with the authorities of the Federal Tax Authority so that companies in the UAE could take on their equivalents from various other contending countries," he wrapped up.

First established 62 years earlier in the Netherlands. A year later, an office was opened in the British resources, London, which was well known in the field of navigation on the planet and with the presence of worldwide shipping companies, the ISSA has currently grown to a membership of over 2,000 ship suppliers from all over the world.