Dubai: UAE classification society Tasneef has outlined some of the local maritime challenges at its first board member meeting.
The ceo of Tasneef, Rashed Al-Hebsi stated important challenges as the port state control, maritime court and finance, insurance companies and media awareness.
Salem Al Zaabi, Acting General Director of National Transport Authority agreed that the absence of a unified maritime legislation in the UAE will lead to a loss of investments. "There are neither unified legislations nor a dedicated authority that are formulated to protect the investments in the maritime industries across the UAE," Al Zaabi added. [17/06/14]