COME TO DUBAI: WHERE SHIPPING IS ABOUT TO TAKE OFF

By Kevin Oates

On 2nd February 2005, Marine Money will host its first annual Marine Money Gulf Ship Finance Conference at the Grand Hyatt Hotel in Dubai. We have chosen Dubai because it is a location that epitomises the growth and development of our markets. And it is not only Dubai that is growing in the region. Abu Dhabi, Kuwait, Qatar, and even Iran and Iraq all play a part in the region’s movement towards the fulfillment its potential. The whole region is developing rapidly, and we at Marine Money believe that shipping and shipping finance will be part of that development.

Two very different Dubai-based businesses epitomise the growth and vision of the region. The first business, Dubai Maritime City, demonstrates the vision of Dubai’s leaders who are creating a purpose-built Maritime City on land reclaimed from the sea which will effectively “cluster” all shipping related services into one designer built, state-of-the-art city suburb. The second business, Simatech Shipping LLC, demonstrates the vision of an entrepreneur in shipping who takes his expertise and, within a decade, grows a company from scratch to one with 12 ships, six newbuildings to be delivered, and the position of foremost container feeder company in the Gulf region.

This is only an excerpt of COME TO DUBAI: WHERE SHIPPING IS ABOUT TO TAKE OFF

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.