Emirates Shipping Association Reinforces Status Of UAE As Global Maritime Hub

Emirates Shipping Association (ESA) strengthens the UAE’s status as a prominent global maritime hub through the successful hosting of the ‘Maritime Future Dialogues’ event. As a significant part of the UAE Maritime Week, the event attracted influential industry players, stakeholders, and experts. This gathering facilitated connections, idea exchange, and the formation of valuable partnerships.

Global Maritime Hub

ESA aims to establish the UAE as a prominent global maritime hub. Hence, the maritime dialogue included impactful panel discussions which addressed key priorities, including advocating for the UAE registry as a Flag State and reinforcing decarbonization efforts in the shipping industry. Industry leaders, regulators, and experts convened to explore strategies for reinforcing the sector’s world-class status under the upcoming UAE Maritime Law. Additionally, insights from the COP28 team and the International Chamber of Shipping were shared, highlighting opportunities within COP28.  One of the highlights of the event was the signing of an MoU between ESA and the UAE Ministry of Energy and Infrastructure (MOI UAE) to further enhance the capabilities of the ‘Blue Pass’ initiative through collaboration and mutual support. The platform was launched by the Ministry in partnership with Marihub to strengthen the national maritime sector by creating a digital cluster of local and international maritime authorities and associations, such as the ESA, to facilitate the exchange of services, and attract foreign investors.

Capt.Abdulkareem Al Masabi, Chairman of Emirates Shipping Association highlighted, “We are delighted to host the ‘Maritime Future Dialogues’ event as part of the UAE Maritime Week. It was a tremendous opportunity for industry leaders, stakeholders, and experts to come together and strengthen the UAE’s position as a global maritime powerhouse…” H.E. Eng. Hessa Al Malek, Advisor to the Minister for Maritime Transport and Affairs at the UAE Ministry of Energy and Infrastructure said, “The Blue Pass project aims to establish an integrated maritime business community, where everyone can easily provide services and fulfill their requirements through a unified digital portal. The project goes beyond providing a platform for maritime services and supplies, as it also unifies the common needs of companies and ships operating in the sector…”

Road To COP28

The event, attended by MOEI UAE, energy giants, and some of the leading classification societies across the globe, explored and assessed the most pressing concerns facing the sector, derived practical solutions to these issues, as well as charted the way forward for the years to come. Representatives of these key maritime entities engaged in an in-depth discussion on the current status of the UAE maritime law, its impact on the industry, shared their insights on the implementation and implications of these laws, and identified the scope of benefits that these laws could bring to the sector.

Following the panel discussion, attendees were treated to a thought-provoking session focusing on the maritime industry’s role in achieving the decarbonisation goals set for the world, in light of COP28 UAE (the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change) scheduled to take place from 30 November – 12 December 2023 at Expo City Dubai. The discussion explored the steps being taken by the UAE to achieve net-zero by 2050, and the significant developments taking place in the local shipping sector to meet the national target including different initiatives that the industry can explore to reduce their carbon emissions and alternative fuel commitments.

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Source: Menafn

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