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  • Acquisition Of Dubai Maritime City and Drydocks...

    DP World Limited announces that it has entered into agreements to acquire Maritime World LLC, the 100% owner of Dubai Maritime City (DMC), for a purchase consideration of US$ 180 million and to buy 100% of Drydocks World LLC (Drydocks) by means of a capital injection of US$ 225 million, taking the total cash required for the acquisitions of DMC and Drydocks to US$ 405 million. 

  • DMC partners with Marasi News to further...

    This partnership aims at enhancing the maritime sector in Dubai and the UAE, through providing professional media services dedicated to the maritime sector, in order to raise the awareness about the advanced skills and competencies in the maritime sector 

  • Dubai Maritime City Authority highlights Dubai’s...

    The Dubai Maritime City Authority (DMCA) showcased the pioneering steps Dubai has taken on the path of international leadership, supported by an advanced position among the top five most competitive and attractive maritime clusters in the world, at the 2017 edition of the Annual International Shipowning & Shipmanagement Summit held on the sidelines of London International Shipping Week 2017 which will run in the British capital until the end of this week.

  • Tanker Conference tackles cybercrime issues

    The second annual The Maritime Standard Tanker Conference, which takes place on Tuesday 24th October at the Grosvenor House Hotel in Dubai, has assembled some of the leading names in the industry to speak at the event. Collectively they will address the top issues facing tanker owners and operators today, making this a must-attend occasion for anyone involved in the oil, products and chemical tanker business.

  • Port Development MENA Conference to be held for...

    The Dubai Maritime City Authority (DMCA) will shed light on its comprehensive initiatives promoting maritime safety, secure navigation, and operational efficiency of Dubai’s maritime sector at this year’s Port Development MENA Conference in Dubai.
     

  • Bahri reinforces global leadership in oil...

    Bahri, a global leader in transportation and logistics, has reached a new milestone by accepting delivery of ‘Rimthan,’ a 300,000-dwt carrier built by Hyundai Samho Heavy Industries (HSHI) in South Korea. The addition of ‘Rimthan’ to its fast-growing fleet of multipurpose vessels, reinforces Bahri’s position as the world’s largest owner and operator of Very Large Crude-oil Carriers (VLCCs) with a 40-strong fleet.           

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Acquisition Of Dubai Maritime City and Drydocks World

DP World Limited announces that it has entered into agreements to acquire Maritime World LLC, the 100% owner of Dubai Maritime City (DMC), for a purchase consideration of US$ 180 million and to buy 100% of Drydocks World LLC (Drydocks) by means of a capital injection of US$ 225 million, taking the total cash required for the acquisitions of DMC and Drydocks to US$ 405 million. 

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Dubai Maritime City Authority highlights Dubai’s achievements to the globe at London International Shipping Week 2017

The Dubai Maritime City Authority (DMCA) showcased the pioneering steps Dubai has taken on the path of international leadership, supported by an advanced position among the top five most competitive and attractive maritime clusters in the world, at the 2017 edition of the Annual International Shipowning & Shipmanagement Summit held on the sidelines of London International Shipping Week 2017 which will run in the British capital until the end of this week.

English

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