|
The Dubai Government
has issued the Law
No. (11) of 2007
establishing The
Dubai Maritime City
with the aim of
gradually
incorporating the
ship repair and
maritime services
companies located at
Jaddaf Dubai. Based
on the new law, the
Dubai Maritime City
Authority (DMCA)
will be able to levy
fees and register
vessels and
professionals in the
maritime sector, set
up a maritime
arbitration centre
as well as become a
centre for marine
insurance and
re-insurance. The
law stipulates that
the facility will be
managed by the (DMCA)
which will be
affiliated with the
ports and free zone
corporations.
According to the new
law, the (DMCA)
shall aim to enhance
the position of the
Emirate and to make
it a centre without
limitation of the
maritime services
and management;
yacht & vessel
registration; vessel
& yacht ownership
and charter;
maritime and
educational
research; vessel &
yacht design and
building; maritime
shipment
organization;
maritime
exhibitions,
conferences,
trainings and
workshop; maritime
tourism; and
maritime specialized
arbitration.
The administration
of the authority
shall consist of a
Chairman, an
Executive Director,
and the Executive
Staff. The Chairman
of the Ports,
Customs, and Free
Zones Corporation
shall be the
chairman of the
authority. The
Executive Director
of the authority
shall be appointed
and his powers shall
be specified by
resolution of the
Chairman, according
to the new law.
Article (9) of the
new law states that
violations of any
provisions of the
same, the
regulations issued
hereunder or any
terms of any license
issued by the
authority, shall be
subject to the civil
penalties specified
by the special
regulations issued
by the Chairman.
Article (10) of the
said law states that
the Chairman shall
issue all the rules,
regulations, and
resolutions
necessary for the
operation and
administration of
the city. On its
article (11) the law
states that the
authority may vest
in anyone or more
corporate person (s)
(hereinafter the
operators) the
administration and
operation of all or
any of the
operations carried
out in the land of
the city, including
investment and
development of the
authority's funds.
The law states that
the authority may
enter into contracts
for transfer,
assignment,
mortgage, or
otherwise disposal
of the assets of the
authority on the
terms and for the
purposes considered
proper by the
authority. The
Chairman shall sign
all the necessary
documents and
contracts with the
operator (s). The
further states that
the authority shall
not be responsible
for the debts and
liabilities of the
operator (s) or any
other parties.
According to the
article (12) of the
new law, the
authority's land
shall not be
governed, in
relation to their
operations, by the
local rules and
regulations of Dubai
Municipality,
Department of
Economic
Development, Rent
Committee,
Department of
Tourism and
Commercial
Marketing, Road and
Transportation
Authority, or the
authorities and
entities with their
respective
jurisdictions.
According to the new
legislation, the (DMCA)
shall license all
types of maritime
activities or
activities related
and including the
following: 1.)
Vessel & Yacht
Ownership, 2.)
Operation of
Vessels, 3.)
Shipping Agencies,
4.) Vessel &
Shipment Charter and
Brokerage, 5.)
Loading & Unloading
Cargo, 6.) Maritime
Classification
Entities, 7.)
Maritime Surveyors
and Inspectors, 8.)
Maritime Insurance,
9.) Maritime
Finance, and 10.)
Shipment
Organization
Entities. |