UAE Shipping & Logisctis
UAE Shipping & Logistics – AN OVERVIEW
UAE Shipping Industry
While foreign businesses moving their offices to UAE; the UAE
Shipping Industry is becoming a global shipping hub. Currently,
services ranging from import / export of goods to ship repairing and
refueling, the UAE has become a complex global shipping industry,
with half of the world's internationally trading fleet of tankers
passing UAE shores twice a year.
The Shipping industry in the UAE spends about half a billion dollars
every year to buy materials for building, repairing and servicing
ships & vessels. Considering the growth in the shipping industry in
UAE, the UAE-based Hamriyah Free Zone Authority (HFZA), Sharjah, is
setting up a new maritime city in the zone for marine and
maritime-related industries. This is not the first maritime city in
UAE; in April 2003, Dubai Maritime City, situated between Port
Rashid and Dubai Dry Docks; was ordered to be constructed in the
Arabian Gulf that will provide a unique environment for the global
maritime community by offering great services and policies. Dubai
Maritime City will create a unique specialized environment that will
promote the networking and integration of leading maritime companies
in one destination. With dense and multi-dimensional atmosphere
emerging in the maritime service sector, it is expected that the UAE
will soon take the opportunity to join the emerging maritime
centers, with excellent facilities and a solid infrastructure.
One crucial element is needed to drive the shipping industry forward
into the future and that is the maturity of the growth cycle. With
the UAE top international businesses on the doorstep; it is time for
the UAE shipping industry to work with the authorities and ensure
that any issues regarding the industry are solved more quickly and
swiftly. The United Arab Emirates Ship Owners Association (UAESOA),
founded in January 2006 took major steps to solve the shipping
industry issues through the development and expansion of
partnerships between the suppliers and buyers. The United Arab
Emirates Ship Owners Association (UAESOA) is actively participating
and interacting with other government authorities / associations and
offering marketing support to members that could bring suppliers and
buyers closer to each other. The establishment of the United Arab
Emirates Ship Owners Association (UAESOA) will strengthen the
industry and add to the overall growth of the ship owners.
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