Maritime Industry

Dubai Maritime Industry

In recent years Dubai has risen through the ranks as a global maritime centre, taking its place among the top port cities worldwide. As global trade becomes more integrated, transnational companies continue to grow, and sea, land and air connections proliferate, the emirate looks set to continue climbing the rungs, helped on its way by significant amounts of new investment. Further progress could be hampered, however, by the challenges currently facing the global maritime industry, including an oversupply of vessels at a time of declining growth in cargoes. Yet during its development, Dubai has demonstrated a flexibility and willingness to change that should stand it in good stead through any storms to come.

This chapter contains an interview with Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World; and President, Dubai Maritime City Authority.