Dubai now affiliated with Dubai Ports Authority under new Law

Dubai now affiliated with Dubai Ports Authority under new Law

Dubai: Drydocks World - Dubai will be affiliated to Dubai Ports Authority as part of a wider consolidation and cement the emirate’s status as a maritime hub. This was done through a Law issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE in his capacity as Ruler of Dubai. All responsibilities of Drydocks World-Dubai - established under Decree No. (3) of 1983 - will be transferred to Dubai Ports Authority. This transfer will include all employees, 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’ Dubai Ports Authority’s position as a global model in port operation, management, and terminal handling. It regulates and develops the port sector in accordance with strategic plans and policies. Together, this will create an investment climate for ‘sea freight and shipping logistics, promote the maritime sector, and encourage investment in maritime industries and services’.