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The Dubai Chamber of Commerce and Industry, in
association with Fichte & Co Legal Consultancy, organised a workshop
introducing its stakeholders to the prevalent UAE Maritime Law, at the
Chamber premises on Tuesday.
With its focus on key areas of
maritime and shipping including documentation, insurance, disputes and
claims, the workshop was conducted by Fichte & Co, and was attended
by Dubai Chamber members, legal advisors, maritime lawyers and insurers,
shipping agency representatives and ship brokers.
Ms. Jehad
Kazim, Director, Legal Services, Dubai Chamber, informed that the
maritime sector is of crucial importance to modern economies as marine
activities continue to expand with the growth of international trade and
business.
“The maritime industry is fundamental to world trade as
over 90% of global trading is carried out by international shipping
industry and the volume of goods shipped is increasing every year which
shows the importance of the shipping industry to a globalised economy,”
she said.
Ms. Kazim further stressed that the workshop facilitated
representatives of a cross-section of Dubai companies to understand and
learn the peculiarities of UAE Maritime Law including the drafting and
clausing of bill of lading, which is an important commercial document
for the shipping industry, as well as the means to effective claims
handling of cargo.
She stated that the workshop comes in line with
Dubai Chamber’s strategic objective of creating a favourable business
environment for which the Legal Services Department regularly organises
trainings and workshops for the business community which ultimately help
boost their competitiveness while also enhancing the overall economic
growth of Dubai.
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