His Excellency (H.E.) Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Authority for Land and Maritime Transport (FTA), emphasized on the importance of utilizing innovation in the move to explore the future of the UAE's maritime market, throughout a meeting he performed with the country's top port officials. He urged the port managers to play a lead role in the relocate to find opportunities and difficulties-- touching onto creativity and innovation for the development and implementation of aggressive plans in the initiatives towards achieving the lasting advancement of the local maritime sector. He clarified that the favorable results of these efforts further reinforce the maritime sector's commitment to end up being a major contributor in the continuing initiatives to speed up economic growth and sustain financial diversity in preparation for a post-oil stage. The action likewise adheres to the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who mentioned that, 'Innovation today is not an option yet a requirement; not a public culture however a working approach. Federal governments and business that do not renew or introduce themselves will certainly lose their competitiveness and rule itself by pulling back.'
The meeting additionally focused on establishing criteria and guidelines that can aid the UAE strengthen its position amongst the world's leading maritime economic situations and aid boost the global competitiveness of the local maritime market. H.E. emphasized on the importance of these efforts, especially taking note that the UAE is an incubator for 20 of the world's leading ports with some being amongst the top 10 ports in regards to innovative facilities in the field of transportation and shipping. It likewise operates more than 77 ports beyond the UAE.
Minister Al Nuaimi shared that the UAE occupies a famous international position and extensively acknowledged as a significant gamer in the global maritime segment, which is sustained by its affordable advantages and certified competencies to keep abreast of technological advancements, lead the march of excellence and innovation and add to the development of worldwide maritime criteria. He also explained the importance of investing in personnels and education for the maritime section in order to be in advance-- having the ability to look towards the future and establish options to attend to future obstacles of the maritime sector.
The conference reviewed a number of main topics, including the UAE proposal for Category B subscription of IMO and how to get the support of the countries during the coming voting stage. Winning subscription will certainly permit the UAE to continue its significant function in reinforcing the worldwide maritime field; owning the growth of global maritime trade and to take part in the advancement and execution of laws of the global maritime market. The conference also reviewed ways on how to further create and modernize the maritime market and attain the nationwide schedule indicators set forth in UAE Vision 2021, which is intended in the direction of creating incorporated facilities and assuring the connection of sustainable advancement.
The conference also covered the move to utilize eco-friendly ports for the arrangement of clean environmental energy materials to beaches, reduction of greenhouse gases given off from ports and ways to achieve the allowable percent of sulfur in marine fuels by 2020-- which falls in line with the decision of the Marine Atmosphere Protection Committee of the IMO. Likewise discussed was the relevance of innovation in the future of ports to facilitate the activity of global maritime trade and the automation of aquatic terminals according to the requirements of the 21st century. The Minister also shared advancements in the relocate to execute an e-Marine trading system and fostering of international ideal practices to transform ports into industrialized logistics centers-- the future of ports under the next generation of self-driving ships; the use of satellites to manage fleets; even more development of the maritime system, and the advancement of an aquatic incorporated, secure and sustainable environment.
The UAE has actually been ranked in top settings across international ports and marine infrastructure indices. The country has 20 of the world's leading ports, several of them are among the leading 10 ports in regards to advanced transport and delivery facilities. The country also runs 77 ports all over the world, reflecting its apparent impact on the international maritime field. The UAE attaches excellent value to purchasing the maritime field as one of the main engines of the nationwide economy. The aquatic market accounts for five percent of the UAE economy with a complete worth of AED 200 billion and is anticipated to increase to 25 per cent in the coming years. It is expected that the worth of investments in projects to establish and expand the ports of the UAE in the coming years to concerning AED 157 billion.