UAE - Fujairah.Long one of the poor backwaters of the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. , Fujairah now is a key part of global oil trade. It aims to overtake Singapore as the world's largest bunkering bun·ker·ing
The act or process of supplying a ship with fuel. centre. It is selling 16-18m t/y of bunkers, compared to 10m tons in 1994.
Thousands of vessels pass through Fujairah's waters each year, at a rate of more than 50 per day. This is largely due to its strategic location on the Gulf of Oman Noun 1. Gulf of Oman - an arm of the Arabian Sea connecting it with the Persian Gulf
Arabian Sea - a northwestern arm of the Indian Ocean between India and Arabia , close to major crude oil export terminals in the region, and the fact that ships can anchor in deep water unlike the case in the Gulf.
Fujairah is the biggest regional centre for tankers shuttling through the Gulf to transport crude oils to countries across the globe. The oil storage venture of Van Ommeren Tank Terminal Fujairah became operational in January 1999. It has major storage, blending and terminal facilities for oil products (see next week's DT & Oil Market Trends No. 21).
The emirate e·mir·ate
1. The office of an emir.
2. The nation or territory ruled by an emir.
Noun 1. emirate - the domain controlled by an emir also has the second largest container terminal A container terminal is a facility where cargo containers are transhipped between different transport vehicles, for onward transportation. The transhipment may be between ships and land vehicles, for example trains or trucks, in which case the terminal is described as a in the UAE. The number of containers passing through have risen from 475,000 in 1991 to more than 820,000.
Tourism is a focus for development. Even Ajman is having a fun city and other tourist facilities built at a cost of Dh2 bn ($545m). This figure is about the size of Ajman's GDP GDP (guanosine diphosphate): see guanine. in 1995. Its Crown Prince Shaikh Ammar Bin Humaid Al Nuaimi has been behind the project, which will include a hotel, apartments, a fun city, parks, and shops. It is being financed jointly by the government and the private sector. Ajman, which has no oil, is one of the smallest members of the UAE, with a population of around 50,000.