Deep sea treasure
Dubai Maritime City outranks all other marine developments.
According to a recent study on global maritime developments conducted by DNV Maritime Solutions, the maritime consulting arm of the Det Norske Veritas (DNV), Dubai Maritime City is set to emerge as one of the world's most competitive maritime locations by 2010.
The DNV study compared maritime clusters in Singapore, London, Oslo, Hamburg, Shanghai and Hong Kong and extolled the advantages of Dubai Maritime City - which is currently in its final phase of construction - including world-class infrastructure and unprecedented government support.
It is a 227-hectare fully-equipped multidimensional maritime centre that will provide a strategic location for the full spectrum of maritime business including management, retail and recreation, maritime education and research and ship/yacht repair and maintenance.
Constructed on a manmade peninsula between Port Rashid and Dubai Dry Docks, the project aims to be a vibrant mixed use development that will consist completely of LEED certified buildings - a component of the architectural programme even before H.H. Sheikh Mohammed bin Rashid Al Maktoum's LEED certification mandate in November.
In the external analysis study, the subject locations were ranked from zero to five in terms of level of completion and were judged on eight central elements including yards, equipment supply, class, ship owner, insurance, finance options, brokers, and ports.
"The report reflects Dubai's potential to play a pivotal role in the regional and international maritime industry due to the location and effective public policies of Dubai Maritime City," said Ari Marjamaa, DNV's project manager.