Dubai maintains its position as the world’s fifth largest shipping center

Dubai remains strong as the world’s fifth busiest location for shipping, according to the UAE branch of the Nautical Institute.

As the only city in the Arab world on this list, Dubai is ahead of big names like Rotterdam, Hamburg and New York. The top four positions are occupied by Singapore, London, Shanghai and Hong Kong.

The United Arab Emirates has become a leading maritime nation. In 2022, the contribution of the maritime sector to the UAE economy reached Dh129 billion, an increase of 18% compared to 2021. Captain Zarir Irani, Secretary of the UAE Branch of the Nautical Institutehighlighted the country’s achievements in global competitiveness indicators of the maritime sector.

Iranian He noted that UAE ports are among the top 10 in the world in container handling volume, handling more than 19 million TEUs and recording more than 25,000 port calls last year. Globally, the UAE ranks seventh in Logistics Performance Index.

Iranian emphasized,

“The UAE’s dedication to improving its maritime system aligns perfectly with the mission of the UAE Nautical Institute.”

the annual marine ball, held on March 1, 2024, in its usual location, brought together maritime professionals. He Nautical Institute, based in London, has a branch in the United Arab Emirates committed to advancing maritime standards and supporting local seafarers. More than 300 people attended the event, including Eugene Mayne, president of Tristar Holdings, and CEO John Lloyd.

The institute collaborates globally with the International Maritime Organization (IMO), advocating for policies that affect seafarers around the world. In the United Arab Emirates, a committee of 20 experienced master mariners from diverse backgrounds drives advancements and cooperation in the maritime industry. Irani noted: ‘As the first international branch beyond the UK, the UAE branch maintains a tradition of excellence, encouraging networking and knowledge sharing among maritime experts.

News Source: Khaleej Times