Maritime
From The Report: Dubai 2019
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Maritime endeavours are a key component of Dubai’s history. The city was originally established as a trad¬ing port and achieved its prosperity chiefly from pearl exports. The discovery of oil in the emirate in the 1960s not only created a new source of wealth, but also encouraged the nation to develop modern maritime infrastructure, as oil exports relied heavily on shipping. In recent years, maritime facilities have been instrumental in Dubai’s efforts to diversify its economy. As part of a larger network of transport, logistics and free zones, the maritime industry is one of the cornerstones of Dubai’s economy. This chapter contains an interview with Sultan Ahmed bin Sulayem, Chairman, Ports, Customs & Free Zone Corporation and Dubai Maritime City Authority.

Articles from this Chapter

Overview

Global hub: The emirate continues to perform well in world rankings due to its expanding port and shipping infrastructure
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Maritime endeavours are a key component of Dubai’s history. The city was originally established as a trading port and achieved its prosperity chiefly from pearl exports. The discovery of oil in the emirate in the 1960s not only created a new source of wealth, but also encouraged the nation to develop modern maritime infrastructure, as oil exports relied heavily on shipping. In recent years, maritime facilities have been instrumental in Dubai’s efforts to diversify its economy. As part…

Interview

Long-term vision: Sultan Ahmed bin Sulayem, Chairman, Ports, Customs & Free Zone Corporation and Dubai Maritime City Authority, on new technologies and expansion plans
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Interview:Sultan Ahmed bin Sulayem How are new technologies improving the efficiency and security of the maritime sector’s supply chain? SULTAN AHMED BIN SULAYEM: By 2027 blockchain could store up to 10% of global GDP. However, it is only part of a much bigger picture in which technology will address future trends in the sector through innovation like artificial intelligence, 3D printing, automation, internet of things, big data and driverless vehicles and robotics are evolving rapidly…

Analysis

Online platform: The Dubai Maritime Virtual Cluster forms part of a wider move towards digitalising government services
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Dubai Maritime City Authority (DMCA), the body responsible for promoting, developing and regulating Dubai’s maritime sector, formally launched the Dubai Maritime Virtual Cluster (DMVC) in September 2018. The website aims to provide an interactive platform for knowledge sharing and research, in order to strengthen Dubai’s maritime community and showcase the portfolio of services available through DMCA, together with comprehensive information on Dubai’s maritime sector. As the DMCA’s…