The Abu Dhabi Ports Maritime Training Center and Academy were launched in 2012. These institutions were set up with the aim of boosting capability and bringing together the private and public sectors to explore maritime investment opportunities and innovative projects. The UAE Maritime Cluster is a hub that unifies the different marine organizations and business communities across the country. It will feature an accelerator, a business incubator, and a research and development platform for a range of maritime-related businesses. Here’s what you should know about the marine UAE industry.
A Leading Port
The UAE maritime industry is a thriving field, with some of the world’s largest fleets. Many UAE ports are located near a large port, which is important for transportation. The UAE is also a leading port development and operations firm, with terminals and vessels in over 70 countries. The country’s fleet ranks 21st globally in tonnage capacity. To learn more about the UAE’s marine sector, read on!
About the Investments
The UAE has made a number of investments in the past few years to improve the military and navy. The country’s investment arm, the UAE Public Investment Fund, recently signed a $113 million deal with a Canadian firm, CAE. The facility is set to open in May 2020, but due to a coronavirus pandemic, it has been delayed for the time being. However, the project’s completion will help it meet the needs of the UAE’s military and maritime sectors. The UAE has a high-level of investments in its naval infrastructure. The country has a well-developed local defense industry, with investments totalling $982 million. Moreover, the UAE recently signed a contract worth $750 million to acquire four Falaj-3 offshore patrol vessels. One of the companies supplying these vessels is Abu Dhabi Ship Building, which is part of the EDGE Group. It is the largest and most reliable shipbuilding company in the UAE, and it has a global reach across the Arabian Gulf and the Red Sea.
Mackay Marine
Mackay Marine -UAE provides Comm & Nav marine electronics sales and services. This company serves the largest oilfields in the Arabian Gulf, as well as construction companies in the region. The company also has a network of service across the Red Sea and the Persian Gulf. Its diverse customer base includes OSVs, Oil Drillers, and Containers. The UAE is also home to major international investment firms. For example, there are about a hundred shipping companies operating in the United Arab Emirates.
In Conclusion
A large number of shipping company UAE that have regional headquarters in the region. The UAE is a major player in the yacht industry, with the number of yachts in the city doubling since 2009! Despite the booming offshore oil sector in the UAE, the country’s maritime industry is expanding, and the number of yachts is soaring. Its booming boat building industry has created a stable and competitive environment. This has been a key driving force for economic growth in the Emirates.
Soccer lover, doer, DJ, Mad Men fan and recent OCAD grad. Making at the sweet spot between beauty and programing to answer design problems with honest solutions. Let’s design a world that’s thoughtful, considered and aesthetically pleasing.
