Thursday 22 March 2018

Eng Mohammed Ali Al Bastaki giving his speech

DMCA participates in bunkering convention

DUBAI, 15 days ago

The Dubai Maritime City Authority (DMCA) has joined the world’s leading maritime organisations at the Middle East Bunkering Convention 2018 in Dubai, UAE.

The event, which kicked off on March 5, will conclude tomorrow (March 8), at the InterContinental Dubai Marina.

DMCA’s participation is in line with its commitment to enhance channels of effective communication with regional and global maritime leaders to transfer the latest knowledge, exchange successful experiences and best practices that would support efforts to promote, develop and regulate the bunkering sector, said a statement.

Amer Ali, executive director of DMCA, explained the importance of holding this conference in a time where there is a growing need to unite regional and international efforts to develop the infrastructure that can meet the current and future needs of vessel fuel, particularly the bunkering and storage stations.

He emphasised the need to update the regulations, legal and legislative frameworks in line with international laws and conventions.

Ali said: “DMCA is committed to building effective strategic partnerships with regional and global maritime leaders in order to continue enhancing Dubai's infrastructure and legislation in line with the Dubai Maritime Sector Strategy (MSS), which focuses on promoting the strengths of the local maritime cluster, especially ports, import and export, finance, brokerage, logistics and maritime services, in bid to position Dubai as one of the most important maritime capitals in the world.”

Eng Mohammed Ali Al Bastaki, director of maritime operations, DMCA, has opened the first discussion session, noting that choosing Dubai to host the convention reflects the high confidence of the international marine community in the emirate as a preferred destination for the world's most important maritime events and as leading influence in future development of the maritime sector based on innovation, creativity and excellence.

Al Bastaki highlighted the most competitive advantages that make Dubai a strong player among the most important international maritime hubs, such as London (UK), Singapore, Oslo (Norway) and Hong Kong (China), especially in terms of its strategic location, it stable economic ecosystem, advanced infrastructure, legislation and legal system among others.

He noted: “DMCA is moving with confidence towards promoting Dubai's leadership as an attractive destination for ship owners and operators from around the world, supported by a series of leading initiatives, including Dubai Maritime Virtual Cluster and Dubai Maritime Cluster Office, that build up investors’ confidence and facilitate their access to the promising opportunities in Dubai, as well as drive the maritime sector as a vital contributor to its economic diversification efforts leading to the post-oil economy, in line with the directives of the wise government.”

“The event is an ideal platform to explore new horizons to enhance our cooperation with regional and international players, as well as maritime stakeholders from the public and private sectors, to serve our ambitions to reinforce Dubai’s position as a major player in the field of ship supplying and bunkering,” he said.

“We are confident that this event will have positive outputs in terms of identifying effective solutions to emerging challenges. It also provides platform in developing integrated mechanisms and leverage available opportunities to drive growth in the bunkering sector, which is a major driver in economic development,” Al Bastaki concluded.

The event also addresses the important role of fuel storage companies, as well as the ways to combat fraud, resolve disputes and explore new prospects for LNG and other alternative fuels, it stated. – TradeArabia News Service

Tags: | convention | DMCA | bunkering |

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