The UAE?s maritime sector is set to expand as industry leaders have said investments are expected to reach US$66bn by 2017
Logistics
Dubai Maritime City and Gulf Craft to develop US$100mn shipyard
Dubai Maritime City (DMC) has signed an agreement with Gulf Craft to invest US$100mn for the construction of a shipyard in Dubai
Emirates Transport secures US$13mn transport contract from ENOC
Emirates National Oil Company (ENOC) has signed a contract worth US$13mn with Emirates Transport for staff transportation across ENOC?s businesses in the UAE
ADPC to open ship repair facility in the UAE
Abu Dhabi Ports Company (ADPC) has leased land to Topaz Marine Engineering Division (TMED) to establish a ship repair facility at Free Port, UAE
Coastal railway line to link Jeddah and Jazan in Saudi Arabia
The Saudi Railway Organisation (SRO) will construct a 660 km coastal railway line linking Jeddah and Jazan in Saudi Arabia