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Marasi 28

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IN BRIEF<br />

Bank-less financing strategy<br />

My principle is to implement a "Bank-less Financing Strategy",<br />

where we negotiate financing facilities directly with our<br />

suppliers and vendors. Our approach requires proper feasibility<br />

studies to our proposals aiming to maintain our trust<br />

and creditability in the market. Accordingly, we have managed<br />

to expand our company starting with vessel chartering<br />

towards owing a fleet while avoiding any financial restrictions<br />

from banks.<br />

Eng. Adib Abdel Massih, CEO of Marine Core & Charter:<br />

I'm confident that 2018 will witness<br />

a sustainable maritime industry<br />

Eng. Adib Abdel Massih<br />

CEO of Marine Core & Charter<br />

The UAE provides a world-class standards<br />

From our experience in dealing with the UAE based shipyards, we<br />

found that they are able to deliver a world-class standards in ship<br />

building and after sales services. This is a result of the overall atmosphere<br />

of doing business in the UAE, which is becoming competitive<br />

and reliable in comparison with the leading economies worldwide.<br />

The whole cycle of ship building workflow enforces quality, starting<br />

from the shipyard that is working hard to protect its reputation<br />

to the classification societies which guarantee<br />

quality control inspection and finally the<br />

clients who demand state-of-the-art services.<br />

ZIRIS, the new OSV<br />

vessel for MC2 that<br />

was built by Damen<br />

Shipyards<br />

22 MAY - JUNE 2018

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