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In his capability because the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Regulation No. (4) of 2023 on Dubai Ports Authority, and affiliated Drydocks World-Dubai to the Authority.
The regulation seeks to advance the Dubai Ports Authority’s place as a number one world mannequin in port operation, administration, and terminal dealing with. It goals to supply environment friendly operational providers whereas regulating and creating the port sector in Dubai in accordance with strategic plans and insurance policies. Moreover, the regulation strives to strengthen Dubai’s standing as a global hub for maritime commerce, facilitating the import, export, and re-export of products via the emirate’s ports. It additionally goals to create a beautiful funding local weather for sea freight and delivery logistics, promote the maritime sector, and encourage funding in maritime industries and providers.
The regulation applies to the Dubai Ports Authority, which was created by Decree No. (1) of 1990 and its subsequent amendments. It outlines the Authority’s duties, which embody strategic planning and coverage improvement for overseeing the seaports and terminals in Dubai, regulating their operations, and creating and managing port infrastructure, amongst different issues. Moreover, the regulation designates the Authority to determine and regulate the companies, actions, and professions authorised to function in ports and terminals, amongst different duties.
The regulation additionally defines the organisational construction of the Dubai Ports Authority, together with the roles and duties of the Chairman of the Ports, Customs and Free Zone Company, the manager group of the Authority, and the mechanism for appointing the CEO of the Dubai Ports Authority and delineating their duties.
The regulation stipulates that, as of its efficient date, all duties and duties of Drydocks World-Dubai, which was established below Decree No. (3) of 1983, will probably be transferred to the Dubai Ports Authority. This switch will embody all staff of Drydocks World-Dubai, with out affecting their acquired rights, in addition to all property and funds. Subsequently, the Dubai Ports Authority will assume all duties and liabilities of Drydocks World-Dubai.
Regulation No. (4) of 2023 supersedes Regulation No. (1) of 1990 and Decree No. (4) of 1991, which pertain to the institution of the Dubai Ports Authority. It additionally repeals Decree No. (3) of 1983 and its amendments, which relate to the creation of the Dubai Drydocks Authority, in addition to Decree No. (29) of 2005, which considerations the affiliation of the Dubai Drydocks Authority to the Ports, Customs, and Free Zone Company. Moreover, Determination No. (10) of 2022, which assigns the CEO of Dubai Ports Authority to supervise the operation of Dubai Drydocks Authority, will probably be annulled. The regulation additional invalidates some other laws that will battle with its provisions.
Any provisions, choices, and memos issued to implement the aforementioned laws will stay in impact till new ones are issued, so long as they don’t battle with the provisions of Regulation No. (4) of 2023.
This regulation will come into impact on the date of its publication within the Official Gazette.
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