UAE: Dubai Maritime City Inks Land Lease Agreement with Dubai Shipbuilding

UAE - Dubai Maritime City Inks Land Lease Agreement with Dubai Shipbuilding

Dubai Maritime City, the world class centre for maritime activity in the Middle East region, announced today that it has signed a Land Lease (Mustaha) agreement for 25 years with ship repair and building entity, Dubai Shipbuilding.

The Agreement was signed by Sheikh Juma bin Thani bin Juma Al Maktoum, Executive Director – Business District, Dubai Maritime City and Bader Moh’d Obaid bin Mubarak, Deputy Chairman, Dubai Ship Building. The area of the land is over 11,196 sq. m. and is a Ship Repair Plot within the Business District of Dubai Maritime City.

“We continue to strengthen our operations in Dubai Maritime City, since the formal launch of the Maritime District last year. This partnership will help us take greater strides at promoting the region as a global maritime hub. We are keen to promote local and international players within the City, which will be a unique meeting point offering wide-ranging choices for the industry,” said Khamis Juma Buamim, Chairman of Drydocks World and Maritime World.

Bader bin Mubarak, graciously said, “Dubai Maritime City, being the mammoth project that it is, has been a part of our long term planning for relocating our extensive projects. The perceptive new management headed by the honorable Chairman, Khamis Juma Buamim and His Excellency Sheikh Juma bin Thani Al Maktoum have provided the impetus which has once again ignited our trust in Dubai Maritime City. Being a part of the maritime history of Dubai and representing the national spirit, we at Dubai Ship Building aim to partner with the pioneering group of Drydocks World and Maritime World to further strengthen the Maritime Industry within the region and bring into focus national proficiency.”

Maritime activity in Dubai Maritime City primarily revolves around the Maritime and Business Districts. The Maritime District is built on 148,989 gross sq.m of land and will be centre for marine and maritime related facilities and the Industrial Precinct of the Business District will cover a gross area of 519,780 sq.m., consisting of industrial and retail facilities.

Source: Drydocks World, March 13, 2012

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2015 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

16th Annual FPSO World Congress 2015

This year, we will bring together more than 750 key stakeholders from oil companies, vessel owners, shipyards, financial organisations…

read more >

Marintec South America

Marintec – South American Maritime Exhibition for Shipbuilding, Platform and Maintenance

As part of the UBM/Seatrade portfolio, Marintec South America is a trade-show for anyone who wants to stay ahead in the maritime market.

Why visit?

  • Be inspired by thousands of products and services on show
  • Find out what´s new in the market by chatting to suppliers and peers
  • Come away with genuine solutions, exciting ideas, and a fresh outlook
  • Pick up new ideas from the experts of industry through our seminar sessions and technical presentation

Why Exhibit in Rio de Janeiro/ Brazil?

  • Rio de Janeiro is the headquarter of Petrobras and its mains shipyards / ship owners
  • Rio de Janeiro is an international reference center for training of professionals for the offshore oil and gas industry
  • Brazil produces over 2 million barrels of oil per day and the offshore production will double this by 2020
  • The Brazilian shipbuilding industry has been grown 19,5% per year since 2000
  • Investments in the industry should exceed BRL 200 billion before 2020
  • The oil and gas industry reached about 12% of the total Brazilian GDP and may reach 20% by 2020
  • The offshore exploration will move R$ 3.7 trillion over the next 30 years and will generate 87 million jobs
  • Petrobras’ total pre-salt needs estimate: 97 platforms, 510 support vessels and 140 oil tankers

Read more about the conference here.

read more >

Salvage & Wreck Asia 2014

At Asia’s only specialist salvage and wreck removal conference, delegates heard from industry leaders on topics including…

read more >

PIANC SMART Rivers Conference

The SMART Rivers Conference is a biennal forum bringing together those involved in river transport form developing and developed countries…

read more >