Dubai Maritime City (DMC) is a multipurpose maritime zone. It is a member of the DP World group of companies. Dubai Maritime City was expected to be fully operational by 2012, and by January 2021 had completed 80% of the first phase's infrastructure works. In February 2022 it was announced that DP World would launch a major project to develop DMC's infrastructure at a cost of Dh140 million. The industrial part of Dubai Maritime City is fully operational, with a large number of business partners operating from DMC. The industrial precinct is active and consists of marine services primarily dealing with ship lifts, ship repair plots, warehouses, workshops, as well as supporting retail and showrooms.
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Dubai Maritime City in the context of Shipyards
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes more involved with original construction, dockyards are sometimes more linked with maintenance and basing activities. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles.
Countries with large shipbuilding industries include Australia, Brazil, Canada, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Spain, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels are built or maintained in shipyards owned or operated by the national government or navy.