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Government 1 min read 36 views

Dubai Maritime Authority to highlight Dubais maritime sector leadership at Posidonia 2016 in Greece

Dubai Maritime City Authority (DMCA) will underline Dubai's pioneering experience in the shift to a leading worldwide maritime center during its involvement in the upcoming Posidonia 2016 to be kept in Athens, Greece from June 6 to 10, 2016. DMCA will also highlight the accomplishments of the emirate's smart change initiatives as well as its efforts to increase the local maritime community's competitiveness. It will specifically concentrate on its Maritime Sector Strategy (MSS), the driving force behind Dubai's techniques to promote, establish, and control the maritime sector to make the emirate one of the world's finest maritime capitals by 2020.

Ship owners and pioneers of the maritime sector in Greece and the rest of the world will acknowledge the Dubai's accomplishment after its addition in the leading 10 worldwide ranking in regards to maritime competitiveness and attractiveness released by Menon Business Economics Group in Norway. The participants will likewise examine Dubai's world-class maritime clustering. The emirate was ranked fourth out of the 5 largest port operators on the planet by headquarters; sixth in terms of leading centres for port and logistics services along with website of world-class specialized logistics services; 10th in the world in relation to both the size of ship owners' fleets and size of fleets managed from the city.

The regional maritime competitiveness will likewise be the emphasize of DMCA's participation in Posidonia 2016, in addition to Dubai's strategic area in between East and West, advanced legal and legal systems and facilities, investment-friendly environment, world-class facilities, maritime and logistics services, contemporary ports, and integrated maritime security system. These parts are supported by the government's method promoting innovation, creativity and quality.

Theodore Vokos, the Chief Executive of Posidonia 2016, invited DMCA's involvement in the upcoming event, adding that it effectively represented Dubai and the UAE in the previous editions throughout which it presented the local maritime sector's prominent achievements. Dubai is considered a vital gateway to maritime trade among Asian, European and MENA markets."

DMCA is set up to unveil its various leading initiatives such as Dubai Maritime Agenda, Maritime Creativity Lab, Maritime Advisory Council, Dubai Maritime Training Center, Smart Marine Services Platform, and Dubai Maritime Intelligence. All these represent an essential pillar to reinforce the confidence of local and global financiers in the regional maritime environment along with enhance the sector's performance, safety, effectiveness, and competitiveness.

Amer Ali, Executive Director, DMCA, said: "Posidonia 2016 and other international maritime events serve as perfect platforms to exchange and transfer competency, experiences, and best practices with international decision makers and stakeholders. He mentioned that such events open up wider prospects for constructive cooperation to ensure an intense future for the maritime market, an important contributor to the global economy."

Ali included: "We are delighted to get involved once again in Posidonia and be provided a chance to provide prior to the international maritime community our remarkable progress in accordance with MSS' goals. MSS is lined up with the vision of our smart leadership in constructing a protected, varied, and thorough maritime sector, with strong foundation for development, creativity, excellence, human financial investment, and ecological security. We look forward to discussing optimal methods to maximize Dubai's competitive advantages, including its strategic area, advanced facilities, tax exemptions, contemporary maritime legislation, and robust import and export sectors."

Posidonia Exhibition, a biennial event, is one of the leading maritime sector events worldwide, providing a platform for communication amongst global decision makers, government officials, experts, ship owners, financiers, and representatives of major shipping business.

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