Search DubaiPRNetwork.com

Dubai and UAE
Home >> Banking & Investments

Emirates Maritime Arbitration Centre meets with DP World to explore collaboration

Emirates Maritime Arbitration Centre meets with DP World to explore collaboration

Monday, January 22, 2018/ Editor -  

Share

Home >> Banking & Investments

Dubai, UAE, 22 January, 2018:  Continuing its efforts to boost confidence within the maritime industry for arbitration and mediation, the Emirates Maritime Arbitration Centre (EMAC) has approached 2018 with the intention of visiting leading maritime stakeholders to introduce and explain the benefits of its services. These meetings are scheduled around EMAC’s impressive, yet busy events schedule for the year.

The first in a series of meetings for the year, has taken place at the DP World Head Quarters in Jebel Ali Port, where senior executives have gathered to learn about the benefits of using EMAC to resolve maritime disputes, and what this means for all maritime stakeholders.

Present at the meeting, Mr. Majid Obaid bin Bashir, Acting Chairman and Secretary General from EMAC and Mr. Mohamed Yousef Al Muallem, Senior Vice President and Managing Director of DP World, both echoed the importance of ensuring that the industry as a whole works towards strengthening ties to support maritime growth in the region.

“One of EMAC’s targets this year is to go to large maritime companies to encourage them to write EMAC’s model clause into their contracts.  We take the initiative and go to the legal and commercial teams to start the conversation with them. We have great ambitions in the coming years and we are hopeful that through these conversations, we will not only add value to the maritime cluster, but also to the growth of the country’s economy,” said Mr. Majid Obaid bin Bashir, Acting Chairman and Secretary General, EMAC.

“The presence of a maritime arbitration Centre in Dubai is a welcome to maritime stakeholders in the region.  The timing of such a Centre through EMAC is perfect and DP World appreciates the initiative and time the secretariat have taken to speak to the team and explain its services. There is no doubt that DP World will benefit from EMAC’s services going forward,” said Mr. Mohamed Yousef Al Muallem, Senior Vice President and Managing Director of DP World.

EMAC’s meeting and events plan for 2018, is a clear display of the commitment to providing a trusted standard in maritime arbitration and mediation services.  2018 will see EMAC continue its ‘Breakfast’ seminars along with participation at anchor maritime events within the region and abroad such as IBA, Posidonia and ICCA.


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Moorfields Eye Hospital Dubai unveils 20% expansion, equipped with the latest te ...

Dubai Food Festival 2024: Get ready to feast your senses at Mall of the Emirates ...

RAKEZ achieves 61% increase in new company registrations in Q1 2024

Sheikh Shakhbout Medical City Team Successfully Removes 30.5kg Ovarian Tumor

The Authority of Social Contribution – Ma'an Launches 9th Social Incubator: Entr ...

Azaan Khan to accelerate DUGASTA Properties' phenomenal growth

A2RL Redefines Racing Entertainment: Live VR on Abu Dhabi F1 Track, Ahead of F1 ...

Hitachi Energy to invest additional $1.5 billion to ramp up global transformer p ...

Ogilvy Appoints Antonis Kocheilas Global Chief Transformation Officer

UAE and Kenya sign investment memorandum to develop mining and technology sector ...

Second Gulf Metrology Forum discusses role of metrology in enhancing industrial ...

KHDA Director General Aisha Abdulla Miran inaugurates GETEX Spring 2024

Ministry of Economy organizes ‘National Forum for SMEs - Government Procurement' ...

LG Electronics MEA leads with innovation in new Home Entertainment Line-up

UAE Uniquely Placed as Hub for Strategic Philanthropy

CABSAT marks its 30th anniversary with return of prestigious MENA Co-Production ...

“Golden Gift” Offers from Malabar Gold & Diamonds; Get Assured Gold Coins on Jew ...

New Speedmaster Chronoscope Marks 100 Days to Paris 2024

Kia unveils unique camouflage for its first-ever Tasman pickup truck

11 Sports Events, including 5 International Championships, to take place in Duba ...