Dubai Maritime City Authority (DMCA) has discussed ways to enhance joint maritime cooperation and explore potential maritime-based investment opportunities between Dubai and Hamburg.

It was announced during a recent visit made by German trade delegation headed by Prof Dr Hans-Jorg Schmidt-Trenz, chief executive officer, Hamburg Chamber of Commerce and Corinna Nienstedt, executive vice president and international director, Hamburg Chamber of Commerce to the DMCA offices, who were received by Amer Ali, executive director of the authority.

The importance of consolidating ties between the two countries, especially across the exchange of knowledge and experiences, which can help serve common goals and visions set by the UAE and Germany was stressed upon during the meeting by Ali.

“DMCA believes in the importance of working together to reflect future ambitious aspirations--leading us towards intensifying efforts to enhance bilateral maritime relations between Dubai and Hamburg. This visit is an important move that will support our tireless efforts to enable German companies to optimally benefit from promising investment opportunities within the local maritime sector, which has seen steady growth over the past few years,” said Ali.

“The experienced increase can be attributed to the unlimited support given by the country’s wise leadership and the tireless efforts exerted by the DMCA to establish solid legislative standards and guidelines that will improve the performance, safety, efficiency and competitiveness of the maritime sector, which in turn will help strengthen Dubai's status as a world class global maritime hub,” he said. - TradeArabia News Service