Dubai Maritime City hands over management of Industrial Precinct to Drydocks World

Published May 13th, 2008 - 11:13 GMT
Al Bawaba
Al Bawaba

Dubai Maritime City hands over management of Industrial Precinct to Drydocks World 
 
Dubai Maritime City, the world’s first purpose-built maritime centre and a member of the Dubai World Group of companies, has today May 13th, 2008 announced the signing of a contract that grants Drydocks World – Dubai exclusive rights to run and manage Dubai Maritime City's Industrial Precinct. With its specialised expertise and excellent professional track record, Drydocks World – Dubai has been selected to provide efficient management to the Industrial Precinct, which has been developed by Dubai Maritime City to be a crucial element in the overall development of the regional maritime sector.
 
Under the terms of the contract, Drydocks World – Dubai will manage all components of the Industrial Precinct, including wet berths, dry berths, workshops, warehouses, the 3,000-tonne and 6,000-tonne ship lifts, the ship lift control building, central administration building and covered yacht repair area, among others.
 
"This partnership is a significant step towards consolidating our position as a centre of maritime excellence and establishing Dubai as the maritime hub of the region,” said Amer Ali, CEO of Dubai Maritime City. “Drydocks World – Dubai's maritime experience and expertise are key assets that will deliver a substantial impact in creating a fully integrated maritime community within Dubai Maritime City.”
 
On his part, Hamed Bin Lahej, COO of Drydocks World – Dubai, praised the new contract by saying: "We are honoured to be given the opportunity to manage this groundbreaking project, which represents the future of the maritime industry. Dubai Maritime City offers several key features that are only found here, including the 6,000-tonne ship lift within the Industrial Precinct; as such, Drydocks World – Dubai has a very positive outlook for this partnership, as it opens new windows of opportunities for us and the rest of the key players in the maritime industry."
 
Dubai Maritime City's Industrial Precinct will host ship repair and maintenance companies as well as associated businesses within a total area of 227 hectares; 121 hectares allocated for the commercial district, while the industrial district has a total area of 106 hectares oriented around a central vessel basin. The Industrial Precinct's primary elements include ship repair facilities, yacht repair and manufacturing facilities, workshops and warehouses, as well as staff accommodation and administration.
 
Other facilities available at the industrial district are 19 ship repair plots, a quay wall over 3,115 metres, 31 small dry berths, 11 large dry berths, a rail transfer system, a 1,720 metre wet berthing, shops, showrooms and canteens.
 
Drydocks World – Dubai will be made up of four principal companies: Dubai Drydocks, Al Jadaf Shipyard, Platinum Yachts FC and Platinum Yacht Management, all of which have aligned business activities involving ship repair, conversion and ship building.