Maritime
From The Report: Dubai 2020
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Despite slowing global economic growth and geopolitical tensions placing renewed pressure on international shipping, Dubai’s maritime sector has continued to strengthen. In 2019 the emirate moved up in the ranking of the world’s top-10 maritime capitals, securing the ninth spot, compared to its position of 10th in 2017. Today, the emirate is the leading maritime centre in the Middle East, India and Africa. Its rapid rise from a quiet fishing port in the 1970s to a regional and global shipping centre handling $354bn in non-oil trade comes down to careful planning, government investment and an attractive regulatory framework that is straightforward for logistics firms. This chapter contains an interview with Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World; Chairman, Dubai Maritime City Authority; and Chairman, Virgin Hyperloop One.

Articles from this Chapter

Overview

Well rounded: Healthy trade volumes, a growing number of cruise tourists and luxury yacht-building support many aspects of the maritime sector
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Despite slowing global economic growth and geopolitical tensions placing renewed pressure on international shipping, Dubai’s maritime sector has continued to strengthen. In 2019 the emirate moved up in the ranking of the world’s top-10 maritime capitals, securing the ninth spot, compared to its position of 10th in 2017, according to a benchmarking study by Menon Economics and DNV GL. Today, the emirate is the leading maritime centre in the Middle East, India and Africa. Its rapid rise…

Interview

Logistics leader: Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World; Chairman, Dubai Maritime City Authority; and Chairman, Virgin Hyperloop One, on remaining internationally competitive
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Interview:Sultan Ahmed bin Sulayem To what extent will the US-China trade conflict affect Dubai’s maritime logistics sector? SULTAN AHMED BIN SULAYEM: The conflict is not likely to affect Dubai in a negative way. We are already the leader in the region, with a strong knowledge economy and culture of innovation, and we will continue to develop our logistics infrastructure. The US-China dispute is about rebalancing their trade relationship, which has a wide-ranging impact across the world.…