Support And Protect The Maritime Shipping Sector Company confirmed that investing in the shipping sector provides promising opportunities in light of the rapid growth of the international freight transport sector at a compound annual growth rate of 2.8% annually until 2026 due to increased industrialization and urbanization in Asia after the industry achieved a growth of 2.1% between 2015 and 2019.
Support And Protect The Maritime Shipping Sector
Saeed bin Saleh Al Marri, CEO of Ithraa Investment Company, confirmed that the UAE has made tremendous contributions to enhancing the growth of trade and the shipping sector globally and has taken pioneering steps to support and protect the shipping sector, thus topping many global competitiveness indicators in the maritime industry, as it ranked third globally in facilitating maritime trade and supplying ships with fuel, fifth among the most important global maritime centers, and thirteenth globally in the port services and performance efficiency index.
Support And Protect The Maritime Shipping Sector
He pointed out during a press conference in Dubai that the country's ports were among the top ten global ports in terms of container handling volume. More than 27,000 maritime companies operate in the United Arab Emirates, and the country's ports are among the best in the world.