The Dubai Maritime Authority announced on Wednesday that it will be launching the first shipping registry in the Middle East open to both domestic and international companies.
Although no time frame was given for the creation of the registry, the move has been welcomed by the Emirate's shipping industry.
Speaking to the regional media on Wednesday, Dubai Maritime City project manager, Amr Ali explained that:
"The primary function of the registry will be to maintain the specific requirements of the government related to the ship owning company or the ship itself."
"As the first purpose built maritime cluster, we are pleased to be involved in the setting of groundbreaking new industry standards to benefit maritime businesses in the region. We aim to ensure that the highest possible standards are maintained to make it attractive for ship owners and liner operators to register with us."
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