Maritime Law in UAE

UAE is a dynamic region that remains to thrive, regardless the global recession and the fall in the oil price. Dubai is results-oriented and aspires to expand and concrete its role as one of the key players in the maritime industry by, for instance, enhancing investors’ optimism in the market. In this respect, Dubai found out its first Maritime Advisory Council a few years ago, which contemplates to alleviate exchanges between regulators and maritime businesses across the private sector. Despite that, to show the region into a true challenger, the emirates realized that they also have to enhance dispute resolution facilities for maritime disputes and for this purpose, the EMAC, called Emirates Maritime Arbitration was initiated in 2016. It is the primary specialist maritime arbitration center within the Middle East and is foreseen to furthermore the ability of parties to address maritime disputes by having them resolved by a specialist maritime tribunal.

UAE courts continue up ahead of others within the Middle East in empowering complainants to effectively enforce foreign arbitration awards. With compassionate courts and new maritime organizations, Dubai along with UAE are assuring their place as a prime global maritime hub.

Commercial synopsis of the shipping industry

The UAE is that the shipping nucleus of the Middle East, with fourteen (14) operating commercial ports. The major ports comprise Jebel Ali port in Dubai, Abu Dhabi port, Sharjah port and Fujairah port, on way out being one of the biggest fueling hubs.

Jebel Ali Port and its free zone area is that the biggest logistics epicenter within the Middle East. It is ranked within the top ten (10) of the globe’s biggest sea ports and has the world’s biggest man-made harbour.

The UAE’s ports bestow substantially to the UAE’s whole domestic product, with thousands of companies presently working in the maritime sector; these comprise all key container shipping lines that have division/offices in the UAE. Most multinational shipping agents operate out of the UAE in connection with their Middle East business and having been seen big numbers of ship managers moving to Dubai and Fujairah from Asia and Europe. The marine zone comprises offshore operators assisting their operating fleets from Abu Dhabi for the whole region. It also comprises all marine support works, such as top offshore advisors/consultants, surveyors, marine insurance brokers and major law firms within the marine industry.

request
a call back

What you need to know is that we’re always here for your legal needs, no matter what they are. But if you want a quick answer or have something pretty simple going on then just give us a call and one of our advisors will be happy to help out as soon as possible!

Translate »