Tasneef’s second advisory board meeting aims to Arabize 50% of MENA market share

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Through its qualified and professional cadres, and by providing high technical standards directly aimed at regional manufacturing and operating ships by cutting down costs by 15% in comparison to depending on foreign classification authorities. Tasneef has competitive qualities which contribute to its forefront status in the inspection and quality certification sector. In the second edition of Tasneef’s Advisory Board Members Meeting, it has announced its near-future plans to offer its ship classification services to over than 50% of ship owners in the Arabian gulf and the Arab region. Moreover, Tasneef has revealed its dedication to restricting its advisory board in the future in order to attract new members from Arab states. These plans came following Tasneef’s expansion in providing services in the UAE by receiving its first Arabic recognition from Jordan last February, which represents a threshold for future recognitions from other Arab states. It has also received recognition from the GCC regarding its code for issuing quality certificates to ships which are not subject to international treaties, and preparing the UAE Yacht Code, which is considered to be the first of its kind in the world. The presence of a delegation from the Turk P&I Club only proved the regional maritime sector’s enthusiasm regarding Tasneef’s contribution, which is the first Arabic authority of its kind. The meeting was chaired by H.E. Major General Ibrahim Salem Al Musharrakh, Commander of U.A.E. Naval Forces and coordinated by CEO of Tasneef, Eng. Rashed Al Hebsi. Additionally, the meeting was attended by a number of prominent figures from the maritime and transport sectors, as well as members of transport and shipping authorities and major companies, both local and international. Al Hebsi also highlighted Tasneef’s impressive accomplishments last year and its plans for the ongoing year from a regional expansion to implementation of global maritime standards. The participants also discussed the challenges which the authority still faces generally, and the possibility of a cooperation between Tasneef and the regional maritime sector in hopes of a substantial development in order to be one of the leading sectors in the world. “We in this region have what it takes to become driving forces in the global maritime industry, and we will dedicated all of our experts and abilities in order to gather governmental establishments and major companies working in this sector and make a chain of integrated services for a market which size exceeds $370 billion annually, and which will witness a steady growth with port infrastructure projects and developments of water passages in a number of Arab countries,” His Excellency added. Regarding strategic cooperation between different classification service companies enriched with managerial experience and employees qualified in modern technical implementation in the maritime sector, H.E. Khamis Juma Buamim, Chairman of Drydocks World and Maritime World Group expressed his opinion, saying: “We are currently manufacturing the most advanced ships in the world here in the UAE, and we have a massive ability and enough resources to satisfy all demands of high technical and professional standards. The time has come to focus on building a skilled national force to eliminate the technical and technological gaps in order to begin competing on a global level.” On his part, H.E Salem Al Zaabi, Director General of the Federal Transport Authority, expressed his admiration for Tasneef’s work in comparison to its young age: “Tasneef has accomplished many triumphs since its establishment, and that calls for national pride because it is an Emirati authority raising the Emirati flag, and we guarantee our continuous support and wish the dedicated team the very best.” Eng. Omar Abu Omar, Chief Operating Officer at Tasneef, presented a thorough explanation regarding the UAE Yacht Code, highlighting its importance In placing the UAE not only as a participant in the global sector, but as a decision maker as well. Tasneef accomplishments Tasneef has made some major accomplishments in a very short period of time, saving years of work by collaborating with RINA, the Italian classification authority. This year will witness the opening of Tasneef Academy for maritime training, which will serve as the first academy specialized in ship classification and related fields in the UAE. Once open, the academy will admit 300-500 trainees, and will additionally offer main programs related to maritime project management, maritime security management, maritime safety management, port and maritime inspection, and inspection and insurance, as well as many other secondary majors. Al Hebsi brought attention to Tasneef’s plans for expansion in order to serve the industrial classification sector which includes maritime health and safety, industrial quality management, and methods for improving production lines, equipment classification, as well as production plans. He also added that the authority has already started receiving classification requests from foreign ships in order to fly the Emirati flag, these orders include 20 which came from ship owners in Panama, Liberia and East Asia. Insurance is blooming Taking into consideration the age-old relationship between the boat classification and the insurance sector, the meeting brought together important decision makers from this sector. H.E Ebrahim Obaid Al Zaabi, Director General of Insurance Authority, demonstrated the biggest accomplishments and developments in the insurance sector, and the maritime industry’s share from this sector. “The insurance sector has witnessed a 12% growth since 2013; its size reaching Dhs33 billion. This is considered a very important accomplishment,” he said, adding that the sector will witness an even bigger growth in the upcoming year in preparation for EXPO 2020. Mr. Aret Tasciyan, Chairman of TURK P&I, briefly explained the concept of protection and indemnity and the differences between different types of insurance. He also pointed to the latest developments in the Turkish maritime insurance sector and the increase of liability limits from $500 million to $1 billion.

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