The UAE’s maritime sector stands to benefit from the country’s growing trade with India, China and Africa, Salem Al Zaabi, director general of the UAE Federal Transport Authority – Land and Maritime, told the Dubai Maritime Agenda today.
Terminal operator and maritime services company DP World a 22% jump in first half profit to $753m as diversification pays off against an uncertain global economic backdrop.
Offshore vessel owner and operator Topaz Energy and Marine has continued to perform strongly in the first half of 2019 with an 87% utilisation rate for its fleet.