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Abu Dhabi Ports to become polymer parks

KIZAD, which is an industrial zone and part of Abu Dhabi Ports, announced the launch of the KIZAD Polymers Park, which is expected to form an integral part of the UAE’s polymers conversion ecosystem. The new park will benefit Abu Dhabi's positions as a development and innovative hub in sustainability and technology, including advanced polymer technologies such as composites and 3D printing.

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UK Club: Recent developments on Limitation Fund in Singapore and UAE

Under the Convention on Limitation of Liability for Maritime Claims 1976, shipowners may limit their liability in maritime claims by establishing a limitation fund. From 1 February 2018, Singapore’s Rules of Court have been amended to allow a person seeking relief in a limitation action to constitute a limitation fund either by making payment into Court under an order of the Court, or by producing a LOU from a P&I Club acceptable to the Court.

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