Dubai has remained among the world’s top five destinations for the maritime industry. Dubai as a hub for maritime shipping and logistics was ranked ahead of key destinations including Rotterdam, Hamburg, Athens/Piraeus, New York/New Jersey and Ningbo/Zhoushan. Dubai ranked first among all other Arab destinations as well. The competitiveness of attracting maritime businesses and the extent of development in maritime centers around the world being among the top in Dubai. Government transparency within Dubai, while also taking into account the ease of doing business, the performance of logistics services and capabilities of the departments and e-governments of the countries.
The rate of transporting dry and liquid cargo, the number of cranes, the capacity of containers and the port draughts, the number of shipping services provided by the countries, such as shipping brokerage, shipping engineering, shipping business and shipping financing, as well as maritime legal services and customs tariff for shipping. Dubai’s foreign trade in Q1 2021 touched Dhs354.4bn, growing 10 per cent from Dhs323bn in the corresponding period in 2020, and up 5 per cent compared to Q1 2019. Its sea trade during that period reached Dhs120bn, recording an increase of 3 per cent.