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Essay / Research Paper Abstract
This 10 page paper considers the important of Dubai port as hub port for the shipping industry. The paper looks at shipping as a whole, the development of Dubai and the role of the port in the Dubai and why this is such a popular port already as well as looking to the future. The bibliography cites 11 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEdubport.rtf
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Unformatted sample text from the term paper:
may be seen as a keystone in the Dubai economy. The level of importance attached to the Port can be seen in the way that it is supported by government.
The level of throughput increased by 213% in 2003 over 20002, with a throughout of 5.15 million TEU up from the 2002 figure of 4.19 million TEU (DPA, 2004).
To understand why this is so important we need to consider the background to the economy and the port, how shipping in behaving and the potential that is seen with
the Dubai Port. Looking fist at the Dubai economy it is possible to see what the country wants to increase trade and diversify their economy, with this as a strong
sector with great potential and as such why it is also important to shipping lines. Located in the United Arab Eremites we can look at the local economy for
indications of the importance of shipping for and to this port. This indicates the investment and importance attached to it in Dubai as well as how it may be important
to the areas, and as such the shipping companies. Dubai is economically string, the strongest bank in the Arab Emirates is the
National Bank of Dubai, this has recently gained an A rating from standard and poor (The European, 1998). At the end of 1996 the banks adequacy was in excess of
60%. If we look to the employment situation in the country we see the majority of the people are employed in the
oil industry as well as manufacturing and agriculture, but there are no official employment figures available. The Arab states are still lagging behind the west when it comes to their
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