CTI Shipbrokers partner with Dubai Maritime City to grow its business

Published May 18th, 2005 - 01:02 GMT
Al Bawaba
Al Bawaba

CTI Shipbrokers India Pvt Ltd has recently announced its plans to open an office at Dubai Maritime City, the first purpose built maritime facility aimed at serving the needs of a diverse global marine and maritime audience.

The move which is reflective of Dubai’s growing reputation as an international maritime hub also highlights the company’s commitment to providing its customers with the highest quality of service and to increase its operations and expand its market share.

CTI Shipbroker’s primary business is to source ships and cargoes for Indian ship-owners and charter companies. However as they continue to grow, they are also sourcing considerable amount of business for international ship-owners.

Apart from the benefit of the time zone, which implies that Dubai is able to do business with main trading nations during business hours, which is a distinct advantage, CTI Shipbrokers also wants to be able to cater to the needs of upcoming charter companies in the West Asia Gulf. In addition, Dubai has recently emerged as an important maritime hub and they foresee a lot of scope for trading within the maritime brokerage industry.


Amer Ali, Project Manager for Dubai Maritime City said: “We are pleased to have CTI Shipbrokers on board and we look forward to a long and fruitful relationship with them Our main objective is to help our business partners to develop their growth potential and sail further into profits by creating a world class environment for the global maritime community.The overwhelming response that Dubai Maritime City has received is a testament to the success of the initiative..”

The main business of CTI is to source oil tankers for Indian charter companies to bring vital crude oil and petroleum products into India and at the same time procure international market cargoes for Indian ship owners.

CTI continues to build upon its international clientele and access markets far across the oceans. Apart from Indian fixtures, CTI has fixed vessels for loading as far as in Argentina and for international ship owners and charter companies.

Dubai Maritime City will be a 216-hectare manmade peninsula, and will create an iconic, multidimensional maritime centre providing a unique world-class environment for the global maritime community. Dubai Maritime City is headed by Sultan Ahmed Bin Sulayem, Executive Chairman.

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