DMCA's Showcases Dubai's Leading Role in Global Maritime Sector at Norshipping

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By MarEx 2017-05-25 10:58:03

Dubai Maritime City Authority (DMCA) will be taking part in Norshipping 2017 as part of its ongoing efforts to raise the profile of Dubai's burgeoning maritime sector and underline its increasingly prominent position as a global maritime hub. The event, one of the most important on the global shipping calendar, is taking place in Oslo and Lillestrøm, Norway, from May 30th - June 2nd, and will allow DMCA to highlight the successful delivery of some of the emirate's latest initiatives to strengthen its attractiveness and competitiveness as a center for the maritime sector. There will be a particular focus on the emirate of Dubai's Maritime Sector Strategy (MSS), which is the overarching guide to the promotion, development and regulation of the maritime cluster within the emirate to position it as one of the world's top maritime capitals by 2020.

Participation at Norshipping is particularly well timed as Norwegian classification society, DNV GL and Oslo-based Menon Economics have just published the third edition of the influential The Leading Maritime Capitals report. This shows that Dubai has broken into the top ten worldwide, having been 13th in the 2015 report. Dubai is, moreover, ranked the 5th highest maritime city in terms of attractiveness and competitiveness, behind Singapore, Oslo, Copenhagen and Hamburg. The report highlights the importance of Dubai's favorable political framework, pro-business outlook and sound and predictable legal structures to the maritime industry.

Norwegian shipowners and maritime service providers represent an important target market for Dubai's maritime cluster ambitions and Norshipping will provide an excellent opportunity for the DMCA, led by Amer Ali, executive director, to set out some of the reasons behind Dubai's success in becoming a Top 10 global maritime capital.

Amer Ali said: "We are delighted to be taking part in Norshipping, which is inevitably a key part of our marketing strategy to further raise Dubai's status as a maritime center. We will be able to highlight Dubai's maritime competitiveness, its advanced legal and legislative systems and infrastructure, the investment friendly environment and world-class port and logistic facilities. These components are well supported by the government, which has a clear strategy for promoting innovation, creativity and excellence."

Visitors to the DMCA stand at Norshipping will be able to learn more about several initiatives over the past year including the Dubai Maritime Cluster Office, the Maritime Creativity Lab, Dubai Maritime Virtual Cluster, Dubai Maritime Club and the Innovation Quay. All the innovative concepts being pioneered by DMCA are designed to strengthen the confidence of regional and international investors in the local maritime environment and improve the sector's performance, safety, efficiency and competitiveness.

Amer Ali said: "Norshipping is an ideal opportunity to exchange information about these and other initiatives which we have launched, and some that are at the planning stage, with shipowners and other stake holders from Norway and the rest of the world. Norshipping will help DMCA to ensure that the international shipping business has a deeper understanding of Dubai's strengths, investment opportunities and prospects."

Ali added: "Taking part in Norshipping 2017 will in particular allow us to communicate to the international maritime community our remarkable progress in delivering the MSS, in line with the vision adopted by the wise leadership of Dubai. This aims to build a comprehensive maritime cluster within the emirate based on innovation, creativity, excellence, human investment and environmental security."

Norshipping is held on a biennial basis, with a packed program of events and activities across Oslo city center and its exhibition facilities in Lillestrøm. In total, around 35,000 visitors are expected from over 80 countries, with almost 1,000 of the world’s leading maritime companies participating.

The products and services herein described in this press release are not endorsed by The Maritime Executive.

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