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The UAE continues to push the limits of its maritime presence to foster an environment conducive to growth and expansion, attracting substantial foreign investment from leading global maritime organisations.
Deputy Minister Eng Hassan Mohammed Juma Al Mansouri said: “As a result, we will be able to significantly increase the industry’s AED90 billion (US$24.51 billion) contribution to the national economy and strengthen the industry’s role in the country’s success.” Infrastructure and Transport Affairs, Ministry of Energy and Infrastructure.
Speaking at Seatrade Maritime Logistics Middle East, the region’s leading shipping and maritime supply chain event, Al Mansouri highlighted the UAE’s significant progress in expanding and modernizing its ports, increasing cargo volumes and strengthening its position as a global trade hub.
strategic investment
Al Mansouri said: “Through strategic investments in infrastructure, technology and people development, the UAE has become one of the world’s most dynamic and innovative maritime hubs. Harnessing the capabilities of our state-of-the-art ports, several of which are among the top 10 globally We have been able to handle more than 25,000 port calls and handle more than 19 million TEUs per annum, strengthening our position as the destination of choice for international trade. Despite these remarkable figures, we are committed to further development and progress. “
The event was held at the Dubai World Trade Center under the sponsorship of the UAE Ministry of Energy and Infrastructure (MOEI UAE). Serving as the heart of UAE Maritime Week, the conference and exhibition saw the participation of renowned industry leaders, experts and policy makers from around the world, who discussed and showcased the latest developments and best practices in the industry.
Following the ministerial and government speeches, Kitack Lim, Secretary-General of the International Maritime Organization (IMO), delivered an exclusive video address.
cooperate
In his virtual address, Lim highlighted the importance of cooperation and collaboration to drive the maritime sector towards a brighter future. He also highlighted the need for decarbonization, digitization and automation to improve the efficiency of global supply chains.
Focus on industry development
The high profile day continued with insightful panel discussions, keynotes and interactive sessions focusing on the industry’s digital transformation, sustainability and supply chain resilience.
Attendees also had the opportunity to explore the latest products, services and technologies exhibitors were showcasing at the event.
Vassilios Kroustallis, ABS Senior Vice President, Global Business Development, said: “As a global maritime hub and leader, the UAE’s hosting of COP 28 is a once-in-a-lifetime opportunity to showcase how our industry is responding to the call for a more sustainable model and is a great way to bring together the A broad roll call of stakeholders driving real change.
Of course, we in the marine industry are already operating in a perfect storm of technological disruption and rapid regulatory change triggered by the twin forces of decarbonization and digitization. The past few years have shown that preparing for the unexpected must now be business as usual. I am looking forward to attending Seatrade Maritime Logistics Middle East and having some interactive discussions around the energy transition, new technology trends and regulatory compliance. “
Road to COP28
As the UAE prepares to host the United Nations Climate Change Conference (COP28) this November, the country’s preparations were a hot topic at the event. The ‘Road to COP28: Maritime Responsibilities, Opportunities and New Projects’ session brought together stakeholders from the UAE’s COP28 team to discuss action plans for the regional maritime and logistics community, shed light on the sector’s innovation, leadership and technological strengths, and How to use it to drive sustainability and success. It also highlighted the importance of COP28 in raising awareness of sustainable operations and inspiring action at all levels.
Seatrade Chairman Emeritus Chris Hayman said: “With the significant increase in attendance this year, and some important agreements signed between the public and private sectors, we can say with great confidence that the 2023 edition of Seatrade Maritime Logistics Middle East will witness an exciting event. Impressive opening. The strong turnout is a testament to the importance of the event and the industries it serves. As we identify new opportunities in the field, the event will continue to serve as a catalyst for knowledge sharing, networking, and collaboration to ensure that all people have a more sustainable, prosperous and resilient future.” — trade arab news agency
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