The UAE Ministry of Energy and Infrastructure (MoEI) has entered into a strategic partnership with leading e-commerce service provider Marihub to develop value-added services for the maritime sector and UAE ports.
The move, which dovetails with the ‘UAE Innovate’ initiative, is part of the Ministry’s efforts to increase the competitiveness of the UAE’s maritime sector and strengthen its position as one of the world’s best maritime hubs.
The partnership aims to explore opportunities to strengthen the maritime sector through digital tools and solutions, especially after the industry has undergone a major shift in adopting digital solutions in the wake of the Covid-19 pandemic.
Eng Hassan Mohammed Al Mansouri, Undersecretary for Infrastructure and Transport at the MoEI, said: “The UAE leads in many indicators of global competitiveness in the maritime sector. Ranked fifth in the Transport Routes Index and twelfth in the Transport Routes Index.
“This is a result of the competitive business environment offered by the UAE, which has attracted major international shipping lines and made the country’s ports a preferred destination for international shipping lines. However, we will not rest on our laurels; Taking the top spot in the International Maritime Indicators. We look forward to innovation and digital platforms contributing to enhancing the UAE’s standing and improving its global ranking.”
Al Mansouri noted that the partnership complements several initiatives aimed at increasing the maritime sector’s contribution to the UAE’s GPA, currently estimated at around AED90 billion (US$24.5 billion) per annum. The aim is to make the UAE’s blue economy the main pillar of its national economy.
More than 27,000 shipping companies operate in the UAE. Last year, more than 25,000 merchant ships called at UAE ports. The country has more than 20 major international seaports and some of the world’s largest oil export ports. The UAE ranks seventh globally in terms of container handling volume.
Facilitate Ocean Freight Business
Eng Hessa Al Malek, Adviser to the UAE Minister of Maritime Affairs, said: “We seek to unify the maritime sector to build the UAE Maritime Cluster and transform it into a source of momentum to enhance business growth opportunities and create new ones. By bringing them together, The company provides the capability. Digital technology is the best way to build this cluster, standardize information related to the maritime sector and develop innovative mechanisms to explore business opportunities that can benefit all stakeholders. We have partnered with Marihub, which has pioneering experience in the digital field The partnership will attract more companies specializing in the development of digital solutions to join the UAE maritime cluster.”
Al Malek added: “This partnership is another step in promoting innovation in the maritime sector, especially this month as the UAE celebrates the ability to innovate and develop a government system that has become an international incubator for quality ideas. At this stage, we will All innovations are focused on building a sustainable and environmentally friendly maritime sector. There is no doubt that technological tools and digital platforms that improve work cycles and reduce unnecessary procedures are key means to achieve sustainable development.”
Support innovation and entrepreneurship
Marihub Director Karim El-Najjar said: “Our partnership with MoEI confirms that the Ministry is the biggest sponsor of creativity and innovative ideas in the maritime industry. This supports the UAE’s efforts to adopt digitalization and modern technology to add value to the maritime industry and deliver the best tools to improve business efficiency and increase profitability. Since Marihub’s inception, we’ve seen that digital solutions can make a huge impact by saving time and operating costs.”
El-Najjar added: “Through our partnership with the Ministry, we aim to make technology a cornerstone in building the UAE’s maritime cluster and strengthen the UAE’s direction and leadership in sustainable development and green technology through the power of data. We The goal is to achieve maximum benefit for the end consumer as this will enhance the attractiveness of the UAE’s maritime sector and enhance its global standing and competitiveness.”
This partnership is complemented by many other high-quality projects and initiatives already launched by MoEI. These include the UAE Maritime Cluster Initiative and the Maritime Network, which aims to create a global network of professionals and experts to enhance the competitiveness of the UAE’s maritime sector and promote it globally, leveraging the strong presence of international maritime companies in the UAE. — trade arab news agency