Drydocks World to become part of Dubai Ports Authority

  • Date: 02-Mar-2023
  • Source: Khaleej Times
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Drydocks World to become part of Dubai Ports Authority

Mohammed bin Rashid issues law on Dubai Ports Authority

All responsibilities and duties of Drydocks World-Dubai, which was established under Decree No. (3) of 1983, will be transferred to the Dubai Ports Authority. - KT file

Published: Thu 2 Mar 2023, 2:59 PM

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (4) of 2023 on Dubai Ports Authority, and affiliated Drydocks World-Dubai to the Authority.

The law stipulates that, as of its effective date, all responsibilities and duties of Drydocks World-Dubai, which was established under Decree No. (3) of 1983, will be transferred to the Dubai Ports Authority. This transfer will include all employees of Drydocks World-Dubai, without affecting their acquired rights, as well as all assets and funds. Subsequently, the Dubai Ports Authority will assume all duties and liabilities of Drydocks World-Dubai.

The law seeks to advance the Dubai Ports Authority’s position as a leading global model in port operation, management, and terminal handling. It aims to offer efficient operational services while regulating and developing the port sector in Dubai in accordance with strategic plans and policies. Additionally, the law strives to strengthen Dubai’s status