President of the UAE Ship-Owners Association calls for international cooperation to contain piracy
Combating piracy in neighbouring regions remains one of the major challenges A senior shipping industry official has called on the international community to join hands together to contain maritime piracy.Addressing the Counter Piracy Conference currently underway in Dubai, Chief Executive Officer of ADNATCO- NGSCO and President of the United Arab Emirates Ship-Owners Association Ali Obaid Al-Yabhouni stressed that combating piracy in neighbouring regions remains one of the major challenges facing the international community."This issue is of great concern to members of the UAE Shipping Association, which has a membership of more than 30 companies or organisations", he said.More than a third of our members are either ship-owners or ship operators. Including Abu Dhabi National Tanker Company and National Gas Shipping Company, (ADNATCO '&' NGSCO), which together form the shipping arm of ADNOC, operating the newest and fastest growing fleet in the region, noted Al-Yabhouni.It goes without saying that shipping is of enormous strategic importance to the entire Arabian Peninsula. Almost all the region's oil and gas exports are transported by ships to global markets, and the vast majority of our imports, including food, are also brought in by sea. Rail links are almost non-existent and the land transportation corridor connecting ...
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